The OHADA as an African perspective to law and development

What is it about?

The OHADA was created to modernize business laws in Africa, the majority of which inherited from the colonial masters were outdated. The objective of these new laws is to create a secure environment for businesses in the region, which will attract both local and foreign investors. This article argues that this enterprise is similar to the "law and development" movement and explores the OHADA's harmonization process as an engine of development and its contribution to regional economic integration in Africa.

Featured Image

Why is it important?

This article sheds light on the role of law (reform) in the process of development of Africa. The work undertaken under the OHADA initiative sets the scene for its replication across the continent, especially in the context of a regained interest in continental economic integration epitomized by the African Continental Free Trade Area (AfCFTA) Agreement.