Africa Round Table

Africa Round Table

ART 2021

Tools for a Robust Recovery  Insolvency Reform in Africa in the Context of COVID-19 

Tuesday, November 9, 2021 12.00 – 3.00 pm GMT

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For the second year, we invite you to an online Africa Round Table on Insolvency Reform (ART).  This virtual ART will enable our vibrant community to connect while we still cannot be together physically.

This three hour virtual ART will focus on topics related to the current and potential future economic consequences brought on by the pandemic. After a keynote and an update from different regions in Sub-Sahara Africa (SSA), our panelists will delve into tools to combat rising non-performing loan rates as well as distressed asset management.

The sessions, which will be conducted in an interactive conversation style, are designed for policymakers, insolvency practitioners, and the judiciary, and will be held online live for 3 hours and will subsequently be available as a recording.

For further details please contact Penny [email protected]

INSOL would like to thank the following for their generous support of ART 2021


Virtual Africa Round Table on Insolvency Reform 2020

Monday, November 23, 2020 from 12.00 – 2.30 pm GMT

Agenda

Due to COVID-19, the Africa Round Table on Insolvency Reform (ART) was paused in 2020. However, after 10 years of consecutive ARTs, we wanted to keep the conversation going – especially at a time when so many countries are facing waves of insolvencies as a result of the measures adopted to curb the health crisis. With this in mind, we invited you to a shorter online virtual ART, which we hope will help policymakers from Africa with their COVID-related insolvency plans and enable our vibrant community to reunite at this difficult time. 

The two and a half-hour interactive virtual ART focussed on insolvency reform in the context of COVID-19. The meeting began with a discussion of COVID-19’s effect on Africa’s economy and what could be coming. The event then explored what the major insolvency-related issues are for the continent and concluded with examples of what select countries have done and are doing from a policy perspective to respond to the pandemic. 

You may find the following reports helpful as background to the discussions:

Implementing an insolvency framework for micro and small firms

Small business bankruptcy reform in the Arab world

COVID 19 outbreak implications on corporate and individual insolvency

Strengthen insolvency frameworks to save firms and boost economic recovery

The INSOL International and World Bank Group report on insolvency measures in times of COVID

INSOL International’s Statement of Principles for a Global Approach to Multi-Creditor Workouts

World Bank Group Toolkit for Out-of-Court Workouts

Insolvency Law in Emerging Markets