Economic Community of West African States (ECOWAS)

EENI- School of International Business

Subject (Course): The Economic Community of West African States (ECOWAS). Syllabus:

  1. Introduction to the Economic Community of West African States (ECOWAS/CEDEAO).
  2. Institutions of the Economic Community of West African States
    - ECOWAS Commission.
    - ECOWAS Parliament
    - Community Court of Justice
  3. ECOWAS Free Trade Area and Customs Union
    - ECOWAS Common External Tariff (CET)
    - ECOWAS Trade Liberalisation Scheme (ETLS)
    - Protocol relating to the definition of the concept of products originating from Member States of the Economic Community of West African States
    - Protocol on Free Movement of Persons, Right of Residence and Establishment
    - Protocol for re-export within the Economic Community of West African States imported goods from third countries
  4. Socio-economic context of the West African region.
  5. Challenges are confronting the West African region. Project VISION 2020.
  6. West African Common Industrial Policy (WACIP)
  7. ECOWAP Regional Agricultural Investment Programme
  8. Transport Facilitation Project
    - Convention relating to the interstates road transit of goods
  9. EPA Development Programme
  10. ECOWAS Trade Opportunities Management System.
  11. West African Monetary Institute (WAMI) - ECOWAS/WAEMU
  12. ECOBANK.
  13. West African Development Bank (WADB/BOAD).
  14. Cauris Management (private equity fund manager)
  15. Guarantee Fund for Private in West Africa (GARI) - WAEMU/ECOWAS
  16. West African Society for Asset Management (SOAGA)
  17. ECOWAS Bank for Investment and Development (EBID).
  18. Case Study:
    - ASKY.
    - African Biofuel and Renewable Energy Company ABREC.
    - West African Power Pool (WAPP)
  19. Intergovernmental Action Group against Money Laundering and Terrorism Financing in West Africa (GIABA)
  20. Religions in the West Africa region

The purposes of the subject “The Economic Community of West African States (ECOWAS)” are the following:

  1. To understand the goals, functions, and affiliated institutions of the Economic Community of West African States
  2. To assess the benefits for member countries of the ECOWAS and the areas of cooperation
  3. To know the Socio-economic development of the countries of the West African region
  4. To analyse the process of economic and trade integration among the member countries of the Economic Community of West African States
  5. To understand the free trade area and customs union of the ECOWAS
  6. To explore the facilitation and liberalisation of trade in the ECOWAS economic space
  7. To analyse the role of the ECOWAS affiliated institutions: IMAO, ECOBANK, and BOAD
Subject “The Economic Community of West African States (ECOWAS)” is studied...
  1. Masters (e-learning): African Business, BRICS Countries (Nigeria), Frontier Markets, International Business (MIB), and Economic Relations
  2. Professional Doctorates: Africa and Muslim Countries
  3. Course: West Africa

Languages of study: En or Fr CEDEAO Pt CEDEAO Es CEDEAO

  1. Credits of the subject “The Economic Community of West African States (ECOWAS)”: 2 ECTS / 1 AC Credits
  2. Duration: two weeks

Area of Knowledge: Africa

Sample of the subject - The Economic Community of West African States (ECOWAS):
ECOWAS Economic Community West African

Subject Description: Economic Community of West African States (ECOWAS).

Economic Community of West African States is the most populous regional economic community in Africa.

The Economic Community of West African States (ECOWAS CEDEAO) is a regional African trade bloc founded in 1975.

The members of the Economic Community of West African States are Benin, Burkina Faso, Cape Verde, Ivory Coast, the Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo.

The mission of the Economic Community of West African States (ECOWAS) is to promote economic integration in the industry, international transport, telecommunications, energy, agriculture, natural resources, international trade, monetary and financial, social, and cultural themes.

  1. The Economic Community of West African States (ECOWAS) member economies occupy an area of 1.5 million square kilometres (17% of the total area of Africa).
  2. The West African countries with the biggest land mass are Niger (25%) and Mali (24); the smallest nation is Cape Verde.
  3. The population of West Africa is 262 millions of people.
  4. Nigeria is the most populous nation in the region (52 % of the ECOWAS total population), followed by Ghana (23 million).
  5. Cape Verde has the smallest population (0.2%)

ECOWAS ZMAO WAEMu

In the Economic Community of West African States (ECOWAS) exist another economic sub-bloc: the West African Economic and Monetary Union (UEMOA) formed by Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal, and Togo.

The West African Monetary Zone (WAMZ) is a Monetary and Customs Union with a common currency, the CFA Franc.

The seven remaining countries in Economic Community of West African States (ECOWAS) have each their national currencies.

The Economic Community of West African States (ECOWAS) is working to resolve a possible conflict with other existing customs union in the West Africa region: the West African Economic and Monetary Union - by adopting Union's tariff bands.

The ECOWAS has signed a protocol on free movement and trade with the Mano River Union.

The Economic Community of West African States (ECOWAS) has a bilateral trade agreement with Mauritania.

The Economic Community of West African States Commission (ECOWAS) and the ECOWAS Bank for Investment and Development are its two main institutions intended to implement policies and carry out development projects.

Institutions of the Economic Community of West African State (ECOWAS):

  1. Commission
  2. Community Parliament
  3. Community Court of Justice
  4. ECOWAS Bank for Investment and Development

The West African Monetary Agency is an autonomous specialised agency of the Economic Community of West African States.

The West African Monetary Institute established under the Agreement of the West African Monetary Zone should perform its functions and carry out its activities in agreement with the WAMZ treaty.

The largest ports in the ECOWAS region: Tema, Cotonou, Lomé, Lagos, Abidjan, and Dakar

Trans-African Corridors in the ECOWAS region:

  1. Trans-Sahelian Highway
  2. Algiers-Lagos corridor
  3. Corridor Cairo-Dakar
  4. Tripoli-Windhoek
  5. Lagos-Mombasa Corridor

The Economic Community of West African States (ECOWAS) belongs to the West African Economic Area of the African Civilisation.

Abdoul Karim Ouandaogo
Ouandaogo Abdoul Karim (Student of the Master University of Ouagadougou & EENI) winner of one WAEMU regional award.

Samples - ECOWAS

ECOWAS Trade Liberalisation Scheme

ECOWAS Socio-economic context

West African Development Bank BOAD

Trans-Sahelian Highway

ECOWAS Africa

Algiers-Lagos Corridor


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