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A Future Court without Cases? On the Question of Standing in the AfCFTA Dispute Settlement Mechanism
One would be justified in thinking that AU member states have intentionally created a court which they consciously know they would hardly use given the inertia identified above. If the reforms that would extend standing to private parties are not undertaken, there is little guarantee that Member States will suddenly change their habits. Assuming for once that they trigger the mechanism, it is also very likely that, consistent with their practice for political solutions to legal problems, they would not proceed beyond the consultation and good offices stages provided in Articles 7 and 8 of the Dispute Settlement Protocol.
Post-Naimey Reflections on "Afri-Multilateralism": A New Dialectic on Sustainable Trade for the Global South
This new Continental Free Trade bloc is now entrusted with the competence to engage other FTA Blocs such as the European Union (EU), North American Free Trade Area (NAFTA) and Association of South Eastern Nations (ASEAN), on trade policy from an Afri-Centric perspective - the essence of Afri-Multilateralism. Hitherto, the various national governments across the Continent had engaged global trade from the prism of nationalistic interests but this new paradigm affords Africa, for the first time, an opportunity to engage on trans-Sahara, trans-Atlantic and trans-Pacific negotiations on an equal footing, and not under the auspices of 'emerging countries' or LDCs.
The Treaty Establishing the African Economic Community and the Agreement establishing the African Continental Free Trade Area: Some Relational Aspects and Concerns
While the establishment of a free trade area is categorically provided for as one of precursor stages to the AEC, it is appears to have been envisioned as being established primarily at the regional level (article 2 (d)), and not necessarily at the continental level. This was very much in line with the strategy to build the AEC through the RECs. The AEC Treaty did not get into the modalities of the establishment of the prospective free trade area, neither did it mention a further protocol in that regard. Whether this omission was deliberate, is subject to speculation, but perhaps it may have been based on the belief that RECs would be the drivers of free trade areas as opposed to a focused continental framework or mechanism.
2019 FDI Moot - All Africa Regional (AAR)
On Saturday 10 August, African Nazarene University prevailed over Strathmore University in the final of the 2019 FDI Moot All Africa Regional, and will receive the 2019 Wilmer Hale Prize (USD1500)
Selection of Ghana to Host the AfCFTA Secretariat is a Befitting tribute to Kwame Nkrumah
Ghana and its founding father, Kwame Nkrumah, have played a pivotal role in the Africa’s revolution, integration and the evolution of Pan Africanism in general. Besides his prolific writings, which cemented his place as a foremost proponent of Pan Africanism, Nkrumah was not only a freedom fighter, but also one of the recognisable organisers of the 1945 Manchester Pan Africa congress which primarily advocated for decolonisation of the continent and the supplanting of colonialism with African socialism.
Global Tax Transformation: Implication for Economic Growth and Development
the responsibility to build a nation rests upon its policy-makers, lawyers and accountants. It is a collective one. The next step is to bring all stakeholders to the round-table and contribute to the global tax system from a protectionist standpoint. The lure of subscribing to the global fiscal commons must be tempered with the need to protect the tax bases and revenue of the fiscal sovereign. The time to act is now and right.
Intellectual Property and Innovation for National Development: Lessons from South Africa
This essay will briefly highlight some key policy and legal steps South Africa (SA) has adopted to take advantage of the gains of IP and innovation for its national development. It will then draw lessons from that experience that IP negotiations in the AfCTA can benefit from.
Why central banks need to take human rights more seriously
This analysis demonstrates three key points. First, it is becoming untenable for central banks to avoid incorporating their human rights impacts into their decision-making and operations. Second, a human rights approach offers central banks a new tool for understanding the true costs and benefits of their operations. Third, central banks can meet their human rights responsibilities without compromising the independence they need to meet their monetary and financial responsibilities.
Investor Responsibility towards Local Communities in Extractive Industry Projects in African Countries
Local communities, for their part, consider investor responsibility a necessary part of the fabric of international law and politics. While the AU works towards framing business and human rights in Africa along with global developments regarding a treaty on business and human rights and treaties such as the Morocco/Nigeria BIT, African peoples and communities continue to adopt available mechanisms as avenues for communicating their positions on these important issues and exercising agency on a subject that is of utmost importance to their wellbeing.