Course: African Business and Economy

The objectives of the course are to know:

1. The State of the African Economy: economic trends by region, most dynamic countries, influence of the commodity prices, fiscal policy, risks that the African Economy faces, foreign direct investment flows, official development assistance, tax revenue in Africa, socio-economic impact of the 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 former President of the African Union, Nkosazana Dlamini-Zuma or the Angolan businesswoman Isabel dos Santos (the richest African Women)
4. The profile of forty African Businessman 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, the African civil conflicts or the relevant Ibrahim Index of the 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 the business environment in Africa.

This course contains exercises that are evaluated, which the student must work out and pass to obtain the Diploma of the Professional Course: “African Business and Economy” 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. Doctorates: African Business, World Trade
2. Masters: Business in Africa, Transport in Africa, International Business, Foreign Trade

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 in the Africans regions
   1. East and West African Countries: The fastest growing regions
   2. Central Africa
   3. Southern Africa
   4. North Africa
4. Influence of the 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. Largest receptors (countries and sectors)
   2. FDI sources 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 Women - African Businesswoman. Syllabus:

Subject 3- African Businessman. Syllabus:

African Economic growth: 5-6%

1. East Africa: 6.2%
2. West Africa: 7% (the 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 the intra-African trade in products.

Such International Trade augmented from 2% in the early 1980 to 9% of the total African exports, but these statistics underestimate the actual flows as they do not include the 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 African foreign trade potential.

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 the 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 the 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 for successful regional integration in Africa. The services stand for, or have the potential to become, an important export earnings sources for numerous African Countries.

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

EENI African Portal

1. Economic Area of the African Civilisation.
2. Area of Knowledge: Africa
3. African Economic Transformation

African population