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Business in Africa -
Africa Institutions
Contents:
- Introduction to Africa (socioeconomic, population, religion, languages, ...)
- Introduction to African Economy. Economic Development Report.
- Africa in the global economy. African Foreign Trade.
- Africa and the global financial crisis.
- Africa and the United Nations. Millennium Development Goals.
- Africa and the World Bank.
- Regional Trade Agreements in Africa.
Summary
Africa in the global economy, financial crisis. Regional Trade Agreements RTA. African Economic Development Report. Population, religion, languages, ... Millennium Development Goals
African Economy
Growth in Africa, which had accelerated from 3.1 percent in
2000 to 6.1 percent in 2007, is now projected at only 1.7 percent for 2009 –
down from the projected 6.4 percent, and far below the average growth rates of
5.3 percent posted by the continent’s best 15 performing countries for more than
a decade.
The proportion of Africans living on less than $1.25 a day fell from 58
percent in 1996 to 50 percent in the first quarter of 2009.
The creation of several institutions for economic integration in Africa
in the last two decades was expected to boost intra-African trade in
goods. Such trade increased from 2 per cent in the early 1980s to 9 per
cent of total African exports in 2007, but these
statistics underestimate the actual flows as they do not include unrecorded
trade, which is thought to be very important. Even with this caveat,
intra-African trade flows are low in comparison to those in other regions and
relative to Africa´s trade potential.
Analysis of trade destinations reveals that despite the low
aggregate level of intra-African trade, such trade is very important for many
African countries. At least 25 per cent of exports from 20 countries are
absorbed by the regional market. The importance of trading blocs is further
highlighted by the fact that over three quarters of intra-African trade takes
place within these regional groups.
Africa has a long tradition of cross-border investments but the
lack of reliable data has constrained detailed analysis. The scanty data
available indicates that intra-African investment represents 13 per cent of
total inward foreign direct investment (FDI). This level
is less than half the figure for the Association of
Southeast Asian Nations (ASEAN) region, where intraregional FDI is estimated
at 30 per cent of total FDI.
Developing services trade is a key component of successful
regional integration in Africa, says the report. Services represent, or have the
potential to become, significant sources of export earnings for a large number
of African economies.
The global economic
crisis, which hit in the wake of the food and fuel crises in 2007–08,
is having a major impact on African countries through declines in commodity
prices, tourism earnings, exports, remittances, and private capital flows.
Sample:
Millennium Development Goals in Africa
Slow growth in Sub-Saharan Africa has meant increases in both the poverty rate
and the number of poor in the 1990s. The region has the largest poverty head
count ratio compared to all other developing regions. The incidence of poverty
at $1.25 a day in Sub-Saharan Africa is reduced by little, from 53 percent in
1981 to 51 percent in 2005. Poverty rates increased through the mid-1990s, but
there has been encouraging downward trend since then. The number of poor living
on less than $1.25 a day has almost doubled in SSA over 1981-2005, from 212
million to over 388 million. The share of the world's poor living in Africa has
risen from 11 percent in 1981 to 27 percent in 2005. The mean consumption of
Africa's poor is not only lower than that in any other region, but also has
shown very little increase over the period. The mean consumption of those living
under $1.25 per day in Africa was $0.74 per person per day in 1981 and fell to
$0.73 in 2005.
Sub-Saharan Africa is a region in transformation and with diverse performers.
Several countries have sustained significant growth rates over the last ten
years, and many have achieved progress in poverty reduction, life expectancy,
and other MDGs, including Benin, Mali, Tanzania, and
Uganda, while others have experienced
modest or even negative growth rates and increases in poverty. So, there is no
unique picture for the region.
Africa is the second largest continent in the world
• 15% of it is considered desert (hot with little rain)
• 10 % of it is considered tropical rainforest (tropical wet)
• 35% of it is considered savanna/ grasslands (steppe)
• The rest of Africa includes Mediterranean climate, mountain climate, tropical
wet and dry, rainy and mild, and wet and mild.
The African continent is more than three times the United States in size.
Approximately 255 million people live in
West Africa and 225 million in
East Africa, the two
most populous of Africa’s five regions, almost as many as in the entire U.S.
Central Africa, the least populous, has over 100 million people. Southern Africa
and North Africa each have about 150
million.
1000 languages are spoken in Africa (40 of which have more than one million
speakers)
Available Languages:  
(Fr:
Afrique Commerce International)
(Pt:
Economia da África)
Master
Executive Business with Africa -
Master East and Southern
Africa - Master Business
West Africa and Maghreb - Master in Business with Muslims countries
AFRICA
Scholarships Grants Bourses
d’études Afrique (FR)
African, Economy, Foreign, Trade, Africa, WB, UN, global economy, financial crisis, Regional, Trade Agreements, RTA, African Economic, Development, Report, Population, religion, languages, Millennium, Development Goals, Master, International Business
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