Doing Business in Benin, Cotonou

The objectives of the subject “International Trade and Business in Benin” are the following:

1. To analyze the Beninese Economy and Global Trade;
2. To know the business opportunities in Benin;
3. To explore the Beninese trade relations with the country of the student;
4. To develop a business plan for the Beninese market.

The Subject “Foreign Trade and Business in Benin” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Doctorate: African Business, World Trade.

Course: Business in West Africa.

Masters: Business in Africa, Transport in Africa, International Business, Foreign Trade.

Learning materials in or Bénin Benin Benin.

1. Credits of the subject “Foreign Trade and Business in Benin”: 2 ;
2. Duration: two weeks.

Area of Knowledge: Africa.

1. Port of Cotonou;
2. Dakar-Benin-Lagos Corridor;
3. Benin-Niger-Burkina Faso-Ivory Coast Railway loop.

Beninese Preferential Access and Free Trade Agreements:

1. Benin and the West African Economic Area;
2. ECOWAS;
3. WAEMU;
4. CEN-SAD;
5. African Continental Free-Trade Area (AfCFTA);
6. Islamic Trade Preferential System (TPS-OIC);
7. Niger Basin Authority;
8. OHADA;
9. Global System of Trade Preferences (GSTP);
10. US-Benin:
    1. AGOA (US);
    2. US-WAEMU Trade Agreement.
11. EU-Benin:
    1. Generalized System of Preferences (GSP);
    2. Africa-EU Strategic Partnership.

1. WTO
   1. Agreement on Trade in Services (GATS);
   2. Agreement on the Application of Sanitary Measures;
   3. Agreement on Technical Barriers to Trade;
   4. Agreement on Preshipment Inspection;
   5. Agreement on Safeguards;
   6. Trade Facilitation Agreement.
2. WCO
   1. Revised Kyoto Convention.
3. Rotterdam Rules.

African Trade and Economic Organizations:

1. Economic Commission for Africa (ECA);
2. African Union (AU)
   1. AU Convention on Preventing and Combating Corruption;
   2. AUDA-NEPAD;
   3. Comprehensive Africa Agriculture Development Programme (CAADP).
3. African Development Bank (AfDB);
4. Africa-India Cooperation;
5. Africa-BRICS;
6. Africa-Turkey Partnership;
7. Africa-Asia Partnership;
8. Africa-Korea Partnership;
9. Africa-Japan Cooperation;
10. Africa-South America Summit;
11. Forum on China-Africa Cooperation.

Islamic Organizations:

1. Organization of Islamic Cooperation (OIC);
2. Islamic Development Bank (IsDB);
3. Afro-Arab Cooperation;
4. Arab Bank for Economic Development in Africa (BADEA).

Global Economic Organizations of Benin

1. UN
   1. UNCTAD;
   2. ITC;
   3. WIPO.
2. WB;
3. WTO;
4. IMF.

The Republic of Benin:

1. Cotonou is the economic capital of Benin;
2. Porto-Novo, the administrative capital of Benin, is the second-largest Beninese city (232,000 people);
3. Largest cities: Cotonou, Porto-Novo, Abomey-Calavi, Djougou, Kétou, and Parakou;
4. Borders of Benin: Niger, Burkina Faso, Togo, and Nigeria;
5. Beninese Area: 112,622 square kilometers;
6. Beninese Population: 10.3 million people
   1. Songhai.
7. Official language of Benin: French;
8. Local Beninese languages: Fon, Yoruba, and Nagot.

More information about Benin (EENI African Business Portal).

Main religions in Benin:

1. Christianity (Catholicism: 1.7 million);
2. African Traditional Religions;
3. Islam.

Benin belongs to the West African Economic Area (African Civilization).

Beninese Economy:

1. The economy of Benin (Africa) is characterized by a labour market dominated by the informal sector, which involves 95% of the working population and performs a major position in revenue generation;
2. Cotonou is the economic capital of Benin;
3. Porto-Novo, the administrative capital, is the second largest city (232,000 people);
4. Top Beninese economic sectors are agricultural and cotton production, Road infrastructure, port activities, and general construction work;
5. Beninese GDP growth: 5%;
6. Beninese Banking sector: 2.5% growth (driven by the international trade with Nigeria);
7. GDP per capita: 1,700 dollars;
8. Top exports of Bebin: raw cotton (80%), groundnuts, and palm oil.

(c) EENI Global Business School (1995-2023)
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