West African Economic Area
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West African Economic Area (African Civilization)
Introduction to the West African Economic Area of the African Civilization
Islam and Christianity in the West African Economic Area
Economic Profile of the West African Countries: Benin, Burkina Faso, Cape Verde, Ivory Coast, Gambia, Ghana, Guinea Conakry, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo
Businesspeople of the West African Economic Area
Interactions of the West African Economic Area with the other African Economic Areas (Central Africa , Southern Africa , East Africa , Maghrebian )
Interactions of the West African Economic Area with the other economic areas
Logistics in West Africa
Economic Organizations related to the West African Economic Area
Objectives
The objectives of the subject “West African Economic Area” are the following:
To define the economic characteristics of the West African Economic Area
To know the economic profile of the West African Countries
To understand the influence of the African Traditional Religions, Islam and Christianity on the West African Economic Area
To learn the economic integration process in the West African Economic Area
To analyze the main Businesspeople in West Africa
To explore the economic relationships with others economic areas
of different civilizations
To analyze the main Economic Organizations related to the West African Economic Area
Academic Programs
Masters adapted to the Western African Students: The Gambia ,
Ghana ,
Liberia ,
Nigeria and Sierra Leone .
Description
West African Economic Area.
The West African Economic Area consists of fifteen countries: Benin , Burkina Faso , Cape Verde , Ivory Coast , Gambia , Ghana , Guinea
Conakry , Guinea-Bissau , Liberia , Mali , Niger , Nigeria , Senegal , Sierra Leone , and Togo .
English and French are the main “linguas francas” in the region
Portuguese is spoken in Cape Verde and Guinea-Bissau
Arabic is spoken in the North of the Sahel
One should also take into account the local languages like Yoruba, Hausa or Wolof
Major religions in West Africa are Islam (54% of the population), the African Traditional Religions and Christianity
The main West African Economy is Nigeria, which is also the first African Economy, and may be the Central State of the African Civilization
Senegal is a country of reference, especially in the Francophone area
West Africa is the most dynamic region of Africa
The largest ports in West Africa are the Port of Abidjan , Lagos , Dakar , Tema , Lomé , and Cotonou
Trans-African Corridors crossing through West Africa: Cairo-Dakar Corridor , Dakar-Lagos Corridor , Lagos-Mombasa Corridor , Trans-Sahelian Highway , Algiers-Lagos Corridor , and N’Djamena-Djibouti Corridor
There are three major economic integration processes in West Africa:
Benin, Burkina Faso, Cape Verde, Ivory Coast, the Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo
are members of the Economic Community of West African States (ECOWAS)
Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal, and Togo are members of the West African Economic and Monetary Union (WAEMU)
The Gambia, Ghana, Guinea, Liberia, Nigeria, and Sierra Leone are members of the West African Monetary Zone (WAMZ)
Other trade agreements and economic institutions in West Africa.
Benin, Burkina Faso, Cape Verde, Ivory Coast, the Gambia, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, and Togo are members of the Community of Sahel-Saharan States (CEN-SAD)
Guinea, Mali, Mauritania, and Senegal are members of the Organization for the Development of the Senegal River
Ivory Coast, Sierra Leone, Liberia, and Guinea are members of the Mano River Union
Benin, Burkina Faso, Ivory Coast, Guinea, Mali, Niger, and Nigeria are part of the Niger Basin Authority
Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Guinea, Mali, Niger, Senegal, and Togo are part of the OHADA
Bank of Central African States
Maritime Organization for West and Central Africa
Nigerian Businesswomen: Hajia Bola Shagaya , Folorunsho Alakija , Adenike Ogunlesi , Folake Folarin-Coker , Dra. Amina Odidi , and Tara Fela-Durotoye .
Nigerian Businesspeople: Alhaji Aliko Dangote , PhD Mike Adenuga , Abdulsamad Rabiu , Tunde Folawiyo , Tony Elumelu , Orji Uzor Kalu , Adewale Tinubu , Jim Ovia , Theophilus Danjuma , PhD Alhaji Indimi , and Olufemi Otedola .
Personalities of West Africa: Sheikh Anta Diop , Ahmadou Hampaté Bá , Boubou Hama , Wole Soyinka , Leopold Sédar Senghor , Christophe Wondji , Joseph Ki-Zerbo , Djibril Tamsir Niane , Albert Adu Boahen Kwadwo , Ellen Johnson-Sirleaf , and Akin Mabogunje .
Interactions of the West African Economic Area .
SPG of the EU
The West African beneficiary countries of the Scheme Everything But Arms (EBA) of the EU
are Niger, Benin, Liberia, Togo, Burkina Faso, Senegal, the Gambia, Mali, Sierra Leone, Guinea, Cape Verde, and Guinea-Bissau
Cape Verde is a beneficiary of the SPG+
Cape Verde, Benin, Burkina Faso, Ivory Coast, Gabon, the Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo are part of the Africa-EU Partnership of the EU.
The EU has a Trade Agreement with Ivory Coast and with Ghana. The EU-West African Countries Economic Partnership Agreement (in negotiation) (ECOWAS and UEMOA).
All the countries in West Africa are beneficiaries of the AGOA of the U.S..
Trade Preferential System (OIC-TPS) .
No country in West Africa
has signed the Framework Agreement + PRETAS (Protocol on the Preferential Tariff Scheme) + Rules of origin
Guinea, Niger, Sierra Leone, the Gambia, Guinea-Bissau, Burkina Faso, Benin, Nigeria, and Ivory Coast have signed the Framework Agreement + PRETAS
Senegal only has signed the Framework Agreement
Mali and Togo have not ratified the Agreement
All the West African Countries are members of the African Development Bank , AUDA-NEPAD , African Union , and Economic Commission for Africa .
EENI African Business Portal .
EENI Students in Burkina Faso
Samples
(c) EENI
(c) EENI Global Business School (1995-2023)
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