<\/p>\n
At the celebration of Law Day 2026 in Yaound\u00e9, the OHADA Permanent Secretary, H.E. Professor Mayatta Ndiaye MBAYE, delivered a keynote address on the theme : \u201cThe Law as a Strategic Asset : The Foremost Infrastructure for Economic Growth\u201d.<\/p>\n
In his keynote address, he highlighted the conditions under which the law can become a genuine instrument of economic development. In this regard, he underscored the need to ensure that the development of legal rules is more closely aligned with economic realities and the needs of stakeholders.<\/p>\n
According to Professor Mayatta Ndiaye MBAYE, the existence of economic policies alone is not enough. Such policies must be underpinned by a coherent alignment between the legal rules developed and the practical concerns of businesses and economic operators. He therefore emphasised the importance of a more responsive legal framework, conceived as a strategic instrument in support of development.<\/p>\n
In this connection, the Permanent Secretary recalled that OHADA provides a framework for pooling expertise, enabling its Member States to develop harmonised business law. He further stressed that the quality of a legal rule, in itself, does not guarantee its effective implementation. This requires the law to be genuinely embraced by the stakeholders concerned, its effective application, and enhanced training for the professionals responsible for implementing it.<\/p>\n
In this regard, he recalled the mandate of ERSUMA, the OHADA Business Law School, and called for greater support for its activities in order to increase the number of legal professionals trained across the OHADA Member States. Addressing the conditions necessary for the more effective implementation of the law, Professor Mayatta Ndiaye MBAYE called on stakeholders to act simultaneously on three key levers: structure, systems and stakeholders.<\/p>\n
In the same vein, he encouraged initiatives aimed at promoting business formalisation, facilitating access to finance, supporting businesses facing difficulties, and combating conduct that contravenes established rules.<\/p>\n
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At the celebration of Law Day 2026 in Yaound\u00e9, the OHADA Permanent Secretary, H.E. Professor Mayatta Ndiaye MBAYE, delivered a keynote address on the theme : \u201cThe Law as a Strategic Asset : The Foremost Infrastructure for Economic Growth\u201d. In his keynote address, he highlighted the conditions under which the law can become a genuine […]<\/p>\n","protected":false},"author":24,"featured_media":47313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[532,440],"tags":[],"class_list":["post-47318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-news-slide","entry","has-media"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.ohada.org\/en\/wp-json\/wp\/v2\/posts\/47318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ohada.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ohada.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ohada.org\/en\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ohada.org\/en\/wp-json\/wp\/v2\/comments?post=47318"}],"version-history":[{"count":3,"href":"https:\/\/www.ohada.org\/en\/wp-json\/wp\/v2\/posts\/47318\/revisions"}],"predecessor-version":[{"id":47321,"href":"https:\/\/www.ohada.org\/en\/wp-json\/wp\/v2\/posts\/47318\/revisions\/47321"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ohada.org\/en\/wp-json\/wp\/v2\/media\/47313"}],"wp:attachment":[{"href":"https:\/\/www.ohada.org\/en\/wp-json\/wp\/v2\/media?parent=47318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ohada.org\/en\/wp-json\/wp\/v2\/categories?post=47318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ohada.org\/en\/wp-json\/wp\/v2\/tags?post=47318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}