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The legal holding-up of African wealth

The Podcasts of BAOBIZZ
The Podcasts of BAOBIZZ
The legal holding-up of African wealth
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Africa not only loses its wealth through corruption or smuggling; it also loses it through fully legalized contractual, legal and financial mechanisms.

This episode analyses the contractual and legal architectures that allow the sustainable capture of the value derived from African resources: mining conventions, stabilization clauses, international arbitration, negotiated taxation, transfer pricing and asymmetries of expertise.

Modern plunder did not always have the brutal face of conquest. It may take the elegant form of a contract, a treaty, a clause, an arbitral tribunal or a financial arrangement in accordance with law.

The podcast thus questions a strategic question: how can African States regain control of their resources when dispossession sometimes takes place through the very instruments of international legality?

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