EENI Global Business School
Business in Burkina Faso, Ouaga

Syllabus of the Subject: Foreign Trade and Business in Burkina Faso (Africa). Ouagadougou

  1. Introduction to the Republic of Burkina Faso (West Africa): the country of upright men
    1. Joseph Ki-Zerbo: Africa, the cradle of humanity has a history and gave birth to History
  2. Burkinabe economy
  3. Case Study:
    1. International Arts and Crafts Fair (Ouagadougou)
    2. Minata Kone (businesswoman)
  4. International Trade (Import, Export) of Burkina Faso
  5. Business Opportunities in Burkina Faso
    1. Agriculture
    2. Mining
    3. Industry
    4. Tourism
    5. Services sector
    6. Real Estate and infrastructures
  6. Access to the Burkinabe market
  7. Business Plan for Burkina Faso

The objectives of the Subject “Foreign Trade and Business in the Republic of Burkina Faso” are the following:

  1. To analyse the Burkinabe Economy and Foreign Trade (Import, Export, FDI)
  2. To know the business opportunities in Burkina Faso
  3. To explore the Burkinabe trade relations with the country of the student
  4. To know the Burkinabe Trade Agreements
  5. To develop a business plan for the Burkinabe market
The Subject “Foreign Trade and Business in Burkina Fasobelongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Masters: Business in Africa, International Business, Foreign Trade, Muslim Countries
  2. Doctorates: African Business, Islamic Business, World Trade
  3. Diploma: Business in West Africa

African Student, Master / Doctorate International Business

Learning materials in Courses, Masters, Doctorates in International Business in English or Study, Master in International Business in French Burkina Faso Masters Foreign Trade in Portuguese Burkina Study Master Doctorate Business in Spanish Burkina Faso

  1. Credits of the Subject “Foreign Trade and Business in Burkina Faso”: 1 ECTS Credits
  2. Duration: one week

Area of Knowledge: Africa

Sample of the Subject - Doing Business in Burkina Faso
International Trade and Business in Burkina Faso

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Description of the Subject: Foreign Trade and Business in Burkina Faso

Burkina Faso: one of the regional economies that have implemented more reforms.

Transport and Logistics in Burkina Faso

  1. Trans-African Corridors
    1. Trans-Sahelian Highway
    2. Benin-Niger-Burkina Faso-Ivory Coast Railway loop
  2. Nearest ports
    1. Port of Abidjan (Ivory Coast)
    2. Port of Lomé (Togo)
    3. Port of Cotonou (Benin)
    4. Port of Tema (1,000 kilometres).

Trade Agreements and Preferential Access of Burkina Faso

  1. Burkina Faso and the West African Economic Area
  2. Community of Sahel-Saharan States (CEN-SAD)
  3. African Continental Free-Trade Area (AfCFTA)
  4. Economic Community of West African States (ECOWAS)
  5. West African Economic and Monetary Union (WAEMU)
    1. U.S. Trade Agreement (WAEMU)
  6. Burkina Faso-European Union Trade Relations
    1. Africa-European Union Strategic Partnership (Cotonou Agreement)
    2. Generalised System of Preferences (GSP)
  7. African Growth and Opportunity Act (U.S. AGOA)
  8. Niger Basin Authority
  9. Organisation for the Harmonisation of Business Law in Africa (OHADA)
  10. G5-Sahel
  11. Afro-Arab Cooperation
  12. Arab Bank for Economic Development in Africa (BADEA)
  13. Convention on Preventing and Combating Corruption (African Union)

International Trade Facilitation Programs

  1. World Trade Organisation (WTO)
    1. WTO General Agreement on Trade in Services (GATS)
    2. WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS)
    3. WTO Agreement on Technical Barriers to Trade (TBT)
    4. WTO Agreement on Preshipment Inspection (PSI)
    5. WTO Agreement on Safeguards (SG)
    6. WTO Trade Facilitation Agreement (TFA)
  2. World Customs Organisation (WCO)
    1. Revised Kyoto Convention (RKC)
  3. Convention on the Carriage of Goods by Sea (Hamburg Rules, UN)

West African Economic and Monetary Union WAEMU: Benin, Burkina Faso, Ivory Coast, Mali, Niger, Senegal, and Togo

Global Economic Organisations and Conventions

African Trade and Economic Organisations

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

Islamic Organisations

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

Global Organisations

  1. United Nations (UN)
    1. Conference on Trade and Development (UNCTAD)
    2. International Trade Centre (INTRACEN)
    3. World Intellectual Property Organisation (WIPO)
  2. World Bank (WB)
  3. World Trade Organisation (WTO)
  4. International Monetary Fund (IMF)

Burkina Faso

  1. Burkina Faso (West Africa) shares borders with Mali, Niger, Benin, Togo, Ghana, and Ivory Coast
  2. Area of Burkina Faso: 274,200 square kilometres
  3. Largest cities: Ouagadougou, Bobo-Dioulasso, Banfora, Dédougou, Tenkodogo, Koudougou, Kaya, Fada N'Gourma, Ouahigouya, Manga, Dori, and Gaoua
  4. Burkinabe Population: 16 million people
    1. Lobi
    2. Bambara
    3. Bobo
    4. Mandinka
    5. Dogon
    6. Mossi
    7. Senufo
    8. Fula
  5. Burkina Faso is one of the poorest countries
  6. The official language of Burkina Faso is French
  7. Local languages: Moore, Fulfulde, Dioula
  8. Independence of Burkina Faso: 1960 (from France)
  9. Burkina is a landlocked African Country
  10. Capital of Burkina Faso: Ouagadougou (1.5 million)
  11. The Historian Joseph Ki-Zerbo was born in Burkina Faso

Religions in Burkina Faso:

  1. Islam (65% of the Burkinabe population, 8 million) and Christianity
  2. 30% of the Burkinabe are Christians (with Catholic majorities)
  3. African Traditional Religions

Joseph Ki-Zerbo, Burkinabe Historian, Catholic (Burkina Faso) Africa, the cradle of humanity has a history and gave birth to History

More information about Burkina Faso (African Portal - EENI Global Business School).

We Trust in Africa (EENI African Portal)

Burkina Faso belongs to the West African Economic Area (African Civilisation).

Master of Science in International Business in Burkina Faso

Master of Science in International Business (Burkina Faso)

Economic Profile of Burkina Faso:

The Republic of Burkina Faso established the development strategy for the future years to opening to the regional and global markets. Burkina wishes “to become a development centre in West Africa.”

  1. Burkinabe Currency: West African CFA Franc
  2. Agriculture: 90% of the Burkinabe population
  3. Main cash crop in Burkina Faso: cotton
  4. Top Burkinabe exports are cotton and gold (68%)
  5. The main commodities exported by Burkina Faso are cotton, nuts, gold, cattle, goats, sheep, sesame seeds, fruits, and vegetables
  6. Burkinabe GDP growth: 7%
  7. Composition of the Burkinabe GDP: agriculture 35%, industry 23%, services 42%
  8. The main sectors of the Burkinabe economy are agriculture, trade and mining
  9. Inflation in Burkina Faso: 3%
  10. The Regional Trade with other ECOWAS and WAEMU countries is very low, limited to agricultural products
  11. Doing Business Index (WB): 154.
  12. Positive liberalisation of the Burkinabe economy
  13. Burkina is open to the foreign investors
  14. Events:
    1. International Arts and Crafts Fair (SIAO)
    2. Pan-African Film and Television Festival of Ouagadougou

Abdoul Karim Ouandaogo (EENI Alumni)
Ouandaogo Abdoul Karim (Student of the Master in International Business, University of Ouagadougou & EENI) winner of a WAEMU regional award.

Two Burkinabe students receiving the Diploma of Master of Science in International Business with Pedro Nonell (EENI President):
Pedro Nonell, African Students, Master Doctorate, International Business

National Trade Office ONAC. One of the main tasks of the ONAC is to promote the international trade between Burkina Faso and the rest of the World.

Group Soyaf (Burkina). Created in 1982 by Mr Salif Yameogo (Managing Director), the Group Soyaf has become one of the biggest holding companies with international standards in West Africa and more specifically in Burkina Faso. In this new millennium, the Group Soyaf drew Burkina Faso several large multinationals whose Telecel International Group in the area of communication and the Framlington Group, a Group of investors.

TELECEL (Burkina). Founded in 1987 by Miko Rwayitaré and owned by 80% to Orascom Telecom (Egypt) since 2000, Telecel International is a multinational Group based in South Africa and Geneva. With its years of experience in Africa, Telecel has developed a single expertise in the study of projects, the establishment and operation of cellular networks in the African continent. In all its activities, Telecel International combines national private investors in the shareholding of its associated companies.

Samples - Business in Burkina Faso

Economic Community of West African States (ECOWAS): Benin, Burkina Faso, Cape Verde, Ivory Coast, the Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo

Community of Sahel-Saharan States (CEN-SAD), African Initiative of the Great Green Wall

Common Market (West African Economic and Monetary Union)

Niger Basin Authority (Benin, Burkina, Cameroon, Chad, Guinea, Mali)

United States-West African Economic and Monetary Union (WAEMU) Free Trade Agreement (FTA)

Trans-Sahelian Highway: Senegal, Mali, Burkina Faso, Niger, Nigeria, Cameroon, and Chad (Road Transport Course Master)

(c) EENI Global Business School (1995-2021)
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