Central African Economic Area

The objectives of the subject “Central African Economic Area” are the following:

1. To define the economic characteristics of the Central African Economic Area
2. To know the economic profile of the Central African Countries
3. To understand the influence of Christianity and the African Traditional Religions on the Central African Economic Area
4. To understand the economic integration process in the Central African Economic Area
5. To analyze the main Businesspeople in Central Africa
6. To explore the economic relationships with the other economic areas
7. To analyze the main Economic Organizations related to the Central African Economic Area

The Subject “Central African Economic Area” belongs to the following Online Programs taught by EENI Global Business School:

Courses: Business in Central Africa, Christianity & Business.

Doctorate: African Business, Ethics, Religions & Business, World Trade.

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

Why study “Christianity and Business”?.

Languages: or Afrique Centrale África Central África Central.

Download the syllabus “Central African Economic Area” (PDF).

1. Credits of the Subject “Central African Economic Area”: 1
2. Duration: one week

Central African Economic Area.

The Central African Economic Area consists of eleven countries: Angola, Burundi, Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, the Republic of the Congo, the DR Congo, Rwanda, and São Tomé and Príncipe.

1. French is the main language in Central Africa
2. Portuguese is spoken in Angola and São Tomé and Spanish in Equatorial Guinea
3. One should also take into account the hundreds of Central African languages
4. From the economic integration, Burundi and Rwanda also belongs to the East African Economic Area
5. Main religion in Central Africa: Christianity
6. 44% of the Chadian population is Muslim
7. The largest Central African economy is Angola
8. The Democratic Republic of the Congo and Cameroon are also two important regional players
9. The largest ports in Central Africa are the Port of Duala, Port of Libreville, Port of Luanda and Lobito, Port of Pointe Noire, and Port of Malabo
10. Trans-African corridors across Central Africa: Lobito Corridor, Beira-Lobito Corridor, Northern Corridor, Tripoli-Windhoek Corridor, Central Corridor, North-South Corridor, N’Djamena-Djibouti Corridor, Trans-Sahelian Highway, and Lagos-Mombasa Corridor

Personalities and businesswomen of Central Africa: Théophile Obenga, Elikia M'Bokolo, Isabel dos Santos, and Amini Kajunju.

There are three important economic integration processes in Central Africa:

1. Cameroon, the Republic of the Congo, Gabon, Equatorial Guinea, the Central African Republic, and Chad are members of the Central African Economic and Monetary Community (CEMAC) (fully operational)
2. Angola, Burundi, Cameroon, Chad, the Central African Republic, Congo, the DR Congo, Gabon, Equatorial Guinea, and São Tomé and Príncipe are members of the Economic Community of Central African States (ECCAS)
3. Burundi, the DR Congo, and Rwanda are members of the Common Market for Eastern and Southern Africa (COMESA) and therefore of the COMESA-EAC-SADC Agreement
4. Angola and the DR Congo are members of the Southern African Development Community (SADC)
5. Rwanda and Burundi are members of the East African Community (EAC)
6. Cameroon, the Republic of the Congo, Chad, Gabon, Equatorial Guinea, the Central African Republic, and the DR Congo are members of the OHADA

Other trade agreements and economic institutions in Central Africa.

1. Burundi, the DR Congo, and Rwanda are part of the Economic Community of the Great Lakes Region
2. Angola, Burundi, the Central African Republic, the Republic of the Congo, the DR Congo, and Rwanda are members of the Conference on the Great Lakes
3. Burundi, the DR Congo, and Rwanda are members of the Nile Basin Initiative
4. The Central African Republic and Chad are part of the Community of Sahel-Saharan States (CEN-SAD)
5. Cameroon and Chad are members of the Niger Basin Authority

Interactions of the Central African Economic Area with the other civilizations.

Angola, Chad, the DR Congo, Rwanda, Equatorial Guinea, São Tomé, Burundi, and the Central African Republic are beneficiaries of the SPG of the EU and the Africa-EU Partnership of the EU.

All the Central African Countries are beneficiaries of the AGOA (U.S.).

Trade Preferential System (OIC-TPS).

1. No country in Central Africa has signed the Framework Agreement + PRETAS (Protocol on the Preferential Tariff Scheme) + Rules of origin
2. Chad and Gabon only have signed the Framework Agreement

All the Central African Countries are members of the African Development Bank, AUDA-NEPAD, African Union, and the Economic Commission for Africa (CEA).

EENI African Business Portal.

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