African Business and Economy

EENI- School of International Business

Course (e-learning) Course (e-learning): African Business and Economy. Syllabus:

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

African Business Economy

  1. The African Economy (0.6 ECTS)
  2. The role of the African woman (0.4 ECTS)
    1. African Businesswoman (0.8 ECTS)
  3. African Businesspeople (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

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

Download the syllabus of the course “African Economy” (PDF)

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

  1. The state of the African economy: economic trends by region, most dynamic countries, influence of commodity prices, fiscal policy, the risks that the African economy faces, flows of direct investment, official development assistance, tax revenue in Africa, or the 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 transformation of Africa, such as the President of the African Union, Her Excellency Dr Nkosazana Dlamini-Zuma or the Angolan businesswoman Isabel dos Santos (the richest African woman).
  4. The profile of forty African Businesspeople who are also 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, the State of corruption, 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

We Trust in Africa

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

Credits (Course)

  1. Credits of the course “African Business and Economy”: 5 ECTS Credits/2.5 AC Credits
  2. Total Tuition Fees: 195 Euros.
  3. 20% discount for African students and 10% for students from the African Diaspora.
  4. Duration: 1 month
The course “African Business and Economy” is studied...
  1. Doctorate in Business in Africa
  2. Masters (e-learning): International Business, Africa

Students who have taken this course (African Business and Economy) can validate and register for this Master/Doctorate at EENI (School of International Business).

The course “African Business and Economy” contains exercises that are evaluated, which the student must work out and pass to obtain their respective diploma “African Business and Economy” issued by EENI (School of International Business).

Methodology: e-learning/Distance Learning.

Area of Knowledge: Africa

See also: Economic Transformation of Africa

Sample of the course - African Economy:
African Economy

Nigeria is the largest economy in Africa, 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 African GDP

Syllabus Subjects of the course - African Business and Economy:

Subject 1- African Economy. Syllabus:

  1. Introduction to the African Economy
  2. Macroeconomic prospects for Africa
    - Case Study: Saving, investment, and growth in Africa
  3. Economic trends by regions
    - East and West African countries: the fastest growing regions
    - Central Africa
    - Southern Africa
    - 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.
    - Largest receptors (countries and sectors)
    - Sources of FDI in Africa.
    - Intra-African investments
    - Portfolio investments to Africa
  8. Remittances to Africa
  9. The Official development assistance (ODA)
  10. Tax revenues in Africa.
    Case Study:
      - Socio-economic impacts of Ebola Virus Disease in Guinea, Liberia, and Sierra Leone
      - Historical evolution of the African Economy

Subject 2- The role of the African woman - African Businesswoman. Syllabus:

- H.E. Dr Nkosazana Dlamini-Zuma
- Isabel dos Santos
- Folorunsho Alakija
- Cheryl Carolus
- Hajia Bola Shagaya
- Divine Ndhlukula
- Mimi Alemayehou
- Tara Fela-Durotoye
- Minoush Abdel-Meguid
- Adenike Ogunlesi
- Bridgette Radebe
- Wendy Appelbaum
- Iman
- Dr. Amina Odidi
- Rapelang Rabana
- Monica Katebe Musonda
- Amini Kajunju
- Folake Folarin-Coker
- Irene Charnley
- Sibongile Sambo
- Wangari Maathai
- Ellen Johnson-Sirleaf
 - Leymah Gbowee

Subject 3- African Businesspeople. Syllabus:

- Alhaji Aliko Dangote
- Dr. Mike Adenuga
- Tony Elumelu
- Orji Uzor Kalu
- Hussein Ali Al-Amoudi
- Naushad Merali
- Hakeem Belo-Osagie
- Adewale Tinubu
- General Theophilus Yakubu Danjuma
- Oba Otudeko
- Patrice Motsepe
- Cyril Ramaphosa
- Mohamed Ibrahim
- Osama Abdul Latif
- Onsi Sawiris
- Othman Benjelloun
- Hassan Abdalla
- Mohamed Mansour
- Tarek Talaat Moustafa
- Ahmed Mekky
- Bhimji Depar Shah
- Mohamed Bensalah
- Miloud Chaabi
- Anas Sefrioui
- Aziz Akhannouch
- Ali Wakrim
- Mohamed Ali Harrath
- Sifiso Dabengwa
- Strive Masiyiwa
- Mohammed Dewji
- Said Salim Bakhresa
- Dr. Reginald Mengi
- André Action Diakité Jackson
- Abdulsamad Rabiu
- Olufemi Otedola
- Jim Ovia
- Dr. Alhaji Muhammadu Indimi
- Tunde Folawiyo
- Ali Haddad
- Issad Rebrab

Syllabus Course description - African Business and Economy.

Economic growth of Africa: 5-6%
- East Africa: 6.2%
- West Africa: 7% (fastest African growth)
- Central Africa: 5.7%
- Southern Africa: 4.4%
- North Africa and: 5.5%.

- Energy cost
- Food and commodities prices
- Tax revenues
- Inflationary pressures
- External financial flows
- Official development assistance
- Improved Intra-African trade performance
- Africa exports: mainly commodities
- Regional Integration
- Infrastructures
- Private consumption.

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

The creation of several institutions for the economic integration in Africa was expected to increase 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, intra-African trade flows are low in comparison to those in other regions and relative to foreign trade potential of Africa.

Analysis of the foreign trade destinations show that notwithstanding the low aggregate level of 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 blocks is highlighted by the fact that 75% of intra-African trade takes place within these regional groups.

Africa has a long tradition of cross-border Foreign direct investment but the lack of reliable data has constrained 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 international trade on services is a key component of successful regional integration in Africa. 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

Patrice Motsepe South African Businessman

Alhaji Aliko Dangote Nigerian Businessman

Foreign Direct Investment (FDI) in Africa

Isabel dos Santos (Richest African Woman)

Doing Business and economic governance in Africa

Mohamed Ibrahim Sudanese Businessman

Frontier Markets in Africa

African countries by GDP (nominal - billion dollars).

1- Nigeria (594.257)
2- South Africa (341.216)
3- Egypt (284.860)
4- Algeria (227.802)
5- Angola (131.407)
6- Morocco (112.552)
7- Sudan (70.030)
8- Kenya (62.722)
9- Ethiopia (49.857)
10- Libya (49.341)
11- Tunisia (49.122)
12- Tanzania (36.620)
13- Ghana (35.475)
14 -Ivory Coast (33.963)
15- The Democratic Republic of the Congo (32.665)
16- Cameroon (32.163)
17- Uganda (26.086)
18- Zambia (25.611)
19- Gabon (20.675)
20- Mozambique (16.590)
21- Botswana (16.304)
22- Senegal (15.881)
23- Chad (15.841)
24- Equatorial Guinea (15.396) 25 Congo (14.114)
26- Zimbabwe (13.739)
27- Burkina Faso (13.382)
28- Mauritius (12.720)
29- Mali (12.043)
30- Namibia (11.982)
31- South Sudan (11.893)
32- Madagascar (11.188)
33- Benin (9.237)
34- Niger (8.290)
35- Rwanda (8.002)
36- Guinea (6.770)
37- Sierra Leone (5.411)
38- Togo (4.838)
39- Malawi (4.408)
40- Mauritania (4.286)
41- Eritrea (3.870)
42- Swaziland (3.842)
43- Burundi (3.037)
44- Lesotho (2.458)
45- Liberia (2.073)
46- Cape Verde (1.975)
47- The Central African Republic (1.731)
48- Djibouti (1.582)
49- Seychelles (1.473)
50- Guinea-Bissau (1.040)
51- The Gambia (0.918)
52- The Comoros (0.722)
53- São Tomé and Príncipe (0.362)
54- Somalia
55- Sahrawi Arab Democratic Republic

Hajia Bola Shagaya Nigerian Businesswoman

Index of African Governance

African population

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