Economic Transformation of Africa (Online Course)

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Professional Course: Economic Transformation of Africa (5 ECTS, e-learning, )

Five subjects compose the Online “Professional Course: Economic Transformation of Africa. African Industrial Sector” taught by EENI Global Business School:

Subjects of the Course

1. African Green Growth Initiative (0.2 ECTS)
2. African Mining Vision (AMV) (2 ECTS)
3. African Industrial Sector. Industrial Policy (1.5 ECTS)
4. Investment Role in the African economic transformation (0.3 ECTS)
5. African agriculture sector (1 ECTS)

Enrol / Request for Information

1. Credits of the “Professional Course: Economic Transformation of Africa”: 5
2. Duration: 5 weeks
3. Total Tuition Fees: EUR 120 (Pricing Policy)
4. Students can begin the course at any time (open enrolment) and study from anywhere in the world without any displacement
5. Requires an average dedication of 12 hours per week
6. Download the syllabus of the “Professional Course: Economic Transformation of Africa” (PDF)

African Population in 2030: 1.6 billion people (today: 1 billion people).

The objectives of the “Professional Course: Economic Transformation of Africa” are the following:

1. To know the “African Green Growth Initiative” of the African Union based on a sustainable and inclusive economic model for Africa
2. To understand the fundamental importance of the “African Mining Vision” designed with the objective that the huge African mineral resources would be one of the key pillars of the Economic Transformation of Africa
3. To analyse the “African Industrial Sector,” identifying their strengths, weaknesses, opportunities, and threats in the global/regional market, as well the strategy for the implementation of the Action Plan for the Accelerated Industrial Development of Africa
4. To analyse the Investments Role in the Economic Transformation of Africa

African share of the total manufacturing output of the World: 1.5% (Europe: 25%, Latin America: 6%, Asia-Pacific: 22%)

Example of the Professional Course: Economic Transformation of Africa

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Learning materials in

1. Also, available in Transformation économique de l’Afrique Transformação econômica africana Transformación económica africana
2. For improving the international communication skills, the student has free access to the learning materials in these languages (free multilingual training).

Course intended for all those wishing to understand the deep Economic Transformation of Africa.

Subjects of the Professional Course - Economic Transformation of Africa:

Subject 1- African Green Growth Initiative. Syllabus:

1. Introduction to the African Green Growth Initiative
2. Green Growth in Africa
3. Role of the African Countries in the green economic growth
4. Need for a sustainable infrastructure
5. Proficient and sustainable administration of the natural resources
6. Physical, economic, and social elasticity
7. Role of the African Development Bank

Subject 2- African Mining Vision (AMV). Syllabus:

1. Introduction to the African Mining Vision (African Union)
2. African natural resources improvement
3. Commodities trading
4. Need for the African mining vision
5. Key factors for realising the African Mining Vision
6. Quality and level of resource potential
7. Capacity to negotiate contracts
8. Incomplete African resources development
9. Wholly state-owned mining projects reduction
10. Infrastructures improvement
11. African Development Corridors
12. Framework for action
13. African Minerals Development Centre (AMDC)
14. Minerals and African Development
15. Africa Review Report on mining

Subject 3- African Industrial Sector. Syllabus:

1. Introduction to the African Industrial Sector
2. New opportunities for the African manufacturing sector
3. Made in Africa Brand
4. Division of Industry of the African Union
5. Industrial policy in Africa
6. The Industrial sector and the structural transformation in Africa
7. Industrial policy frameworks
8. Public and private sector
9. Strategy for the implementation of the Action Plan for the Accelerated Industrial Development of Africa
10. Case Study:
    1. Kenya: National Industrial Policy
    2. Mauritius: transformation of a country based on the mono-crop into a middle-income economy
    3. Industrialisation in Nigeria and Tunisia
    4. Industrial performance of Rwanda
    5. Industrial policy in South Africa. Automotive Industry

Subject 4- Investment Role in the African transformation. Syllabus:

1. Investment, transformation, and development in Africa
2. Trends and investment patterns in Africa
3. Composition of investments
4. Decline of the public investment
5. Factors for investing in Africa
6. Access to credit and cost of finance
7. Low domestic savings
8. Risk and uncertainty
9. Inequality and aggregate demand
10. Policy and investment environment

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Description of the Professional Course: Economic Transformation of Africa.

1. Near 61% of the African population earn less than two dollars per day
2. Africa imports 39 billion dollars in foodstuff every year
3. African people living without access to electricity: 600 million

The vision of the African Development Bank on the African Green Growth Initiative is to promote an inclusive economic growth investing in sustainable infrastructures, enhancing the natural resources and disasters management and improving the African food security.

Weaknesses of the African Green Growth:

1. Inadequate infrastructures: low access to energy, high tariffs, urbanisation, education, and health.
2. Natural resources management (renewable and non-renewable), deforestation
3. Climate change and natural disaster.
4. Food security, rising food prices, low productivity. African food production in 2050: increment of 70%.

African Manufacturing Production

1. In the last decade, the capacity of the African manufacturing production has been doubled
2. New economic relationships with the Emerging Markets (China, India, Brazil)
3. In the last ten years, China was the largest manufactured goods provider to Africa
4. Trends in the African manufacturing sector: labour-intensive production of basic goods. By example, the African Growth and Opportunity Act (AGOA) for the labour-intensive export textile products to the U.S. Market
5. High commodity prices
6. The strategic role of the special economic zones (employments, technology transfer, value addition)

African Countries: Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, the Central African Republic, Chad, the Comoros, Congo, Ivory Coast, the Democratic Republic of the Congo, Djibouti, Egypt, Eritrea, Ethiopia, Equatorial Guinea, Gabon, the Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, São Tomé and Príncipe, Senegal, the Seychelles, Sierra Leone, Somalia, South Africa, Sudan, South Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, and Zimbabwe.

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