Online Course: African Institutions (Economic Transformation)

The main objective of the course is to understand the role of...

1. The African Union (AU): The “Political Vision: a United Africa”
2. The African Union Development Agency (AUDA-NEPAD): The “executing agency” of the African Union
3. The Economic Commission for Africa (ECA): organises all the information necessary to achieve the African Integration
4. The African Development Bank: the Financing the AU vision

Finally, we will study the “Agenda 2063: The future we want for Africa” a key document to understanding the vision of the African leaders.

Course intended for all those wishing to understand the African Socio-economic Transformation.

This course contains exercises that are evaluated, which the student must work out and pass to obtain the Diploma of the Professional Course: “Institutions are Leading the African Socio-Economic Transformation” issued by EENI Global Business School.

Students who have taken this course can validate and register for a Master or Doctorate at EENI.

This course belongs to the following Higher Education Programs taught by EENI:

1. Masters: Business in Africa, Transport in Africa, International Business, Foreign Trade
2. Doctorates: African Business, World Trade

Subject - Agenda 2063: “The Future we want for Africa.” Syllabus:

1. Vision and Priorities of the Agenda 2063
2. African aspirations for 2063
3. Wealthy Africa (inclusive growth and sustainable development)
4. Integrated Continent
5. Good Governance, Democracy, Human Rights, Justice and the Rule of Law
6. A Peaceful and Secure Africa: “By 2020 all guns will be silent”
7. Strong cultural identity, common heritage, shared values and ethics
8. Development is people-driven, unleashing women and youth potential
9. Africa as a strong, united and influential global player and partner
10. Roadmap of the Agenda 2063
11. Factors for the African transformation

Since the creation of the Organisation of the African Unity (OAU), now called the African Union, the African political leaders are moving irreversibly towards the full economic integration, with the aim of creating an African Continental Free-Trade Area (1 billion people, GDP combined: 1.2 trillion) consisting of fifty-four African Countries.

While this goal is very complex (e.g., the intra-African trade represents only 10% of the total African trade) and will require substantial investments (especially in infrastructure); they are taking decisive steps to achieve it.

Some people are talking about “Africa as an emerging continent.” Although we believe it is premature to consider the African continent as an emerging market (although many African countries are already emerging economies, in fact, South Africa is a BRICS Country), rather we can affirm that Africa is the next “frontier market.”

To achieve this vision of a “United Africa”, four African institutions are playing a fundamental role.

1. The “African Union” establishes the political vision.
2. The NEPAD is the executing agency of the African Union
3. The Economic Commission for Africa (United Nations) is the responsible, among other things, to organise all the information necessary to achieve the African Integration
4. The African Development Bank is primarily responsible for financing and supporting the development projects in Africa

The African Union has agreed the “Agenda 2063: The future we want for Africa” an essential document to understand the vision of the African leaders.

Knowing these institutions (*), operations, programs and information they provide is vital to understand the profound transformation taking place in Africa.

(*) Regional Economic Communities also play a fundamental role (analysed in another course).

Training program recommended for the students from Botswana, Burundi, Cameroon, Egypt, Eritrea, Ethiopia, Gambia, Ghana, Kenya, Lesotho, Liberia, Malawi, Mauritius, Namibia, Nigeria, Rwanda, Sierra Leone, Somalia, South Africa, Sudan, South Sudan, Eswatini (Swaziland), Tanzania, Uganda, Zambia, and Zimbabwe.

EENI African Portal

Area of Knowledge: Africa