African Business and Economy

Course: African Business and Economy (e-learning, 5 ECTS, )

Six subjects compose the course “African Business and Economy”:

1- African Economy (0.6 ECTS)

2- Role of the African woman (0.4 ECTS)

1. African Businesswoman (0.8 ECTS)

3- African Business People (2 ECTS)

4- Doing Business and Economic Governance in Africa (0.4 ECTS)

5- Frontier Markets in Africa (0.3 ECTS)

1. Africa: The Next Emerging Continent

Request for Course Information

Languages of study or Afrique Economie Africa Economia Africa Economia. The student has free access to the materials in these languages.

The objectives of the course “African Business and Economy” are to know:

1. The State of the African Economy: economic trends by region, most dynamic countries, influence of commodity prices, fiscal policy, risks that the African Economy faces, flows of direct investment, official development assistance, tax revenue in Africa, socio-economic impact of Ebola
2. The Role of the African Women (519 million): one of the pillars of the African Economy
3. The profile of twenty-five African Women who are leading the African Transformation, such as the President of the African Union, Her Excellency Nkosazana Dlamini-Zuma or the Angolan businesswoman Isabel dos Santos (the richest African woman)
4. The profile of forty African Business People who are leading the African transformation as the Nigerian, Alhaji Aliko Dangote (the richest African), Mohammed Ibrahim (Sudan), or Patrice Motsepe (South African)
5. The state of governance in Africa, index on how to do business, business climate, state of corruption, African civil conflicts or the relevant Ibrahim Index of African Governance
6. Understand the concept of “Frontier or pre-emergent markets in Africa” related to the investment opportunities and business environment in Africa

Course intended for all those wishing to understand the state of the African Economy and business environment in Africa.

Sample of the course - African Economy:

Nigeria is the largest African economy, followed by South Africa, Egypt, Algeria, Angola, Morocco, Sudan, Kenya, Ethiopia, Libya.
Top African economic sectors: agriculture (25% GDP) and services.
African manufacturing sector: only 10% of the African GDP

Subjects of the Course - African Business and Economy

Subject 1- African Economy. Syllabus:

1. Introduction to the African Economy
2. Macroeconomics prospects for Africa
   1. Case Study: Saving, investment, and growth in Africa
3. Economic trends by Africans regions
   1. East and West African Countries: The fastest growing regions
   2. Central Africa
   3. Southern Africa
   4. North Africa
4. Influence of Commodity prices, inflation, monetary and fiscal policies
5. Case Study: Fiscal policy in Africa and business cycles
6. Risk affecting the African Economy
7. Foreign Direct Investment (FDI) in Africa
   1. The largest receptors (countries and sectors)
   2. Sources of the FDI in Africa
   3. Intra-African investments
   4. Portfolio investments to Africa
8. Remittances to Africa
9. Official development assistance (ODA)
10. Tax revenues in Africa
11. Case Study:
    1. Socio-economic impacts of the Ebola Virus Disease in Guinea, Liberia, and Sierra Leone
    2. Historical evolution of the African Economy

Subject 2- Role of the African woman - African Businesswoman. Syllabus:

Subject 3- African Business People. Syllabus:

Course description - African Business and Economy.

Economic growth of Africa: 5-6%

1. East Africa: 6.2%
2. West Africa: 7% (fastest African growth)
3. Central Africa: 5.7%
4. Southern Africa: 4.4%
5. North Africa and: 5.5%.

Factors:

1. Energy cost
2. Food and commodities prices
3. Tax revenues
4. Inflationary pressures
5. External financial flows
6. Official development assistance
7. Improved Intra-African trade performance
8. Top African exports: mainly commodities
9. Regional Integration
10. Infrastructures
11. Private consumption

The proportion of Africans living on less than 1.25 dollars a day fell from 58% in 1996 to 50%.

The creation of several institutions related to the economic integration in Africa was expected to increase thwe intra-African trade in products.

Such International Trade augmented from 2% in the early 1980s to 9% of the total exports of Africa, but these statistics underestimate the actual flows as they do not include unrecorded external trade, which is thought to be crucial.

Even with this caution, the intra-African trade flows are low in comparison to those in other regions and relative to the foreign trade potential of Africa.

The analysis of the foreign trade destinations show that notwithstanding the low aggregate level of the intra-African trade, such regional trade is vital for many African Countries.

 At least 25% of exports from twenty African Countries are absorbed by the regional market. The magnitude of trade blocs is highlighted by the fact that 75% of the intra-African trade takes place within these regional groups.

Africa has a long tradition of cross-border investment but the lack of reliable data has constrained a detailed analysis. The limited data available show that intra-African Foreign investment represents 13% of the total inward Foreign direct investment. This level is less than 50% the figure for the Association of Southeast Asian Nations region, where intraregional investment represents 30% of the total Foreign direct investment (FDI).

Developing Trade in Services is a key component of successful regional integration in Africa. The services stand for, or have the potential to become, important sources of export earnings for numerous African Countries.

Economic Area of the African Civilisation.

❮ Samples of the Course: African Business and Economy ❯

The African Countries by GDP (nominal - billion dollars).

(c) EENI- Business School & Hispano-African University of International Business