Business in Benin

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 Programs taught by EENI Global Business School:

Doctorate: African Business, World Trade.

Business in West Africa.

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

Languages: or Bénin Benin Benin.

1. Credits of the subject “Doing 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 Trade Agreements:

1. Benin and the West African Economic Area
2. Economic Community of West African States (ECOWAS)
3. West African Economic and Monetary Union (WAEMU)
4. Community of Sahel-Saharan States (CEN-SAD)
5. African Continental Free-Trade Area
6. Islamic Trade Preferential System
7. Niger Basin Authority
8. OHADA
9. Global System of Trade Preferences
10. The U.S.-Benin:
    1. AGOA (U.S.)
    2. US-WAEMU Agreement
11. EU-Benin:
    1. GSP
    2. Africa-EU Partnership

1. WTO
   1. 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. Kyoto Convention
3. Rotterdam Rules

1. Economic Commission for Africa
2. African Union
   1. AU Convention on Preventing and Combating Corruption
   2. AUDA-NEPAD
   3. Africa Agriculture Development Programme
3. African Development Bank
4. Africa-India Cooperation
5. Africa-BRICS
6. Africa-Turkey Partnership
7. Africa-Asia Partnership
8. Forum on China-Africa Cooperation

1. OIC
2. Islamic Development Bank
3. Afro-Arab Cooperation
4. BADEA

Global Economic Organizations of Benin

1. UN
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 km²
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.

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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