Bibliographie sélective OHADA

This article recommends the Cape Town Convention on International Interests in Mobile Equipment and appeals to African countries to accede to the Luxembourg Protocol on Railway Rolling Stock (Rail Protocol). The discussion in this article focuses on the extent to which Article XXII of the Rail Protocol can be applied with respect to Africa. The article critically analyses the competence of the African Economic Community (AEC) and its sub-regional organizations to accede to the Cape Town Convention and Rail Protocol. The author provides a detailed argumentative analysis of the legal mandate of the AEC and the influence of African Union (AU) laws on the competence of the AEC’s sub-regional organizations to make declarations under the Cape Town Convention and Rail Protocol. The analysis confirms that competence to accede to the Convention and Rail Protocol resides with sovereign States in Africa and not with the AU, the AEC, the Organisation pour l’harmonisation en Afrique du Droit des Affaires, or any existing sub-regional organization in Africa.

This article examines the implementation of the Mining, Agricultural and Construction (MAC) Equipment Protocol under the Cape Town Convention in Africa, focusing on enhancing economic growth and sustainable development through improved access to financing for high-value mobile equipment. Africa’s economic development is significantly hindered by inadequate infrastructure, which escalates transaction costs and limits access to international markets. Investment in modern infrastructure, particularly in the mining, agricultural, and construction sectors, is typically expensive for many businesses in the African region. The MAC Protocol aims to address these challenges by providing a uniform legal framework that supports the financing of MAC equipment. The Convention and the MAC Protocol facilitate access to affordable capital and reduce risks for financiers who take international interests in MAC equipment, promoting economic activities in Africa. The article highlights the legal protections offered by the MAC Protocol, ensuring rights against third-party claims and enhancing the enforceability of international interests. The adoption of the MAC Protocol by African States could significantly impact their ability to meet the United Nations Sustainable Development Goals by making modern, cost-efficient equipment more accessible, thus boosting productivity and economic diversification. The article advocates for adopting the MAC Protocol, emphasizing its potential to enhance foreign investment in the mining, agriculture, and construction sectors, stimulating economic development in Africa. This strategic move will propel African countries towards greater economic resilience and integration into the global economy. The article also critically analyses and illustrates the several declaration mechanisms available to countries adopting the MAC Protocol, accompanied by a guidance note to sensitize lawmakers when signing and/or ratifying or acceding to the Cape Town Convention and the MAC Protocol.