Kigali, Republic of Rwanda, from 16 to 19 November 2022
The African Legal Support Facility sponsors the Higher Regional School of Magistracy (ERSUMA) for the Organization of the second edition of the International Forum of legal, finance and, accounting professionals (FIPROD) which was held in Kigali, Rwanda from 16 to 19 November 2022.
The Higher Regional School of Magistracy (ERSUMA) is an institution of the Organization for the Harmonization of Business Law in Africa (OHADA). ERSUMA is attached to the Permanent Secretariat, it is instituted by Articles 3 and 41 of the OHADA Treaty and organized by the ERSUMA Statute of 3 October 1995 revised by Regulations No. 004/2009/CM/OHADA of 19 December 2009, N°0013/2011/CM/OHADA of 17 June 2011 and N°02/2016/CM/OHADA of 28 October 2016 on the revised Statute of ERSUMA. Located in Porto-Novo in the Republic of Benin, its role is to improve the legal environment of the States Parties of OHADA through awareness-raising, popularization, continuous and initial training, evaluation of the application of the law of OHADA and any other community law and continuous support for legal professionals, accounting professionals and companies.
FIPROD is a biannual professional conference which brings together all the professionals of legal, finance and accounting professionals, all professions combined, with their institutional partners and the recipients of their services. The objectives of the FIPROD are (i) support the expansion of the legal, judicial, financing and accounting professions, (ii) ensure the effectiveness of the law, and (iii) reinforce the economic efficiency of law. FIPROD was held in partnership with the Rwanda Bar Association and the technical support from the Rwanda Cooperation Initiative and the Rwanda Convention Bureau.
This second edition of FIPROD themed “Economic Development and Business Finance Challenges in Africa” includes particular five (5) workshops related to business financing issues for companies in Africa, two (2) round tables on the stakeholder’s role in corporate finance where participants could share their experiences while supporting companies seeking for funding. ALSF was represented by Mrs Toyin OJO, senior Legal counsel in charge of partnerships and business development and Mrs Safaa BARGOUCHI, legal counsel and knowledge hub coordinator. Mrs Ojo adresses a speech at the opening ceremony to highlight that:” "The ALSF recognizes that the strengthening of legal and judicial security will in turn enhance a climate of trust which will cultivate Africa into a hub for the promotion of economic development and social progress. The ALSF is keen to add its contribution to this process and stands ready and willing to support the efforts being made in this respect. With our years of experience in legal capacity building we see many opportunities for further collaboration. Mrs OJO took part also to the special session dedicated to the presentation of the ALSF with a speech focused on the organization of the institution, its role, its mission and its contribution to the fight against vulture funds. The intervention of Mrs BARGOUCHI, focused on the innovative tools developed and proposed by the ALSF for capacity building and knowledge management (www.alsf.academy).
About the ALSF
Established by the African Development Bank in 2008, the ALSF assists African governments in negotiating complex commercial transactions, providing legal and technical assistance, and developing capacity building tools in the key sectors of infrastructure and public-private partnerships, energy, natural resources and extractive industries, as well as on sovereign debt and creditor disputes.
Eve Ehoura, Communication Officer: firstname.lastname@example.org
ALSF Website: https://www.alsf.int