Doing Business in Eritrea

Syllabus of the Subject: Doing Business in the State of Eritrea. Asmara.

1. Introduction to the State of Eritrea (East Africa)
2. Doing Business in Asmara
3. Eritrean Economy
4. International Trade of Eritrea
5. Access to the Eritrean Market
6. Business Plan for Eritrea

The objectives of the subject “Foreign Trade and Doing Business in the State of Eritrea” are the following:

1. To analyse the Eritrean economy and foreign trade
2. To evaluate the business opportunities in Eritrea
3. To explore Eritrean trade relations with the country of the student
4. To know Eritrean Free Trade Agreements

Sample of the subject - Doing Business in Eritrea:

Description of the Subject (Online Learning): Foreign Trade and Business in Eritrea.

1. Asmara is the capital of the State of Eritrea (579,000 people)
2. Eritrea does not have an official language ("equality of all Eritrean languages")
   1. Tigrinya (2.5 million) is the most spoken language.
   2. The languages of work and trade are Tigrinya, Arabic and English
3. The Borders of Eritrea are Sudan, Ethiopia, and Djibouti
4. Eritrean Population: 5 million people
5. Eritrean Area: 121,320 square kilometres
6. The state of Eritrea became independent from Ethiopia in 1993
7. Government: one-party presidential unitary republic
8. Currency of Eritrea: Nakfa (ERN)

More information: Eritrea (African Portal - EENI Business School & HA University).

1. Asmara
2. Transport and logistics in Eritrea
3. History of Eritrea

Religions in Eritrea:

1. African Traditional Religions
2. Christians (63%, mainly Orthodox)
3. Islam (37%, Sunni Muslim)

Eritrea belongs to the East African Economic Area (African Civilisation).

Eritrean Economy:

Eritrea: an economy based on subsistence agriculture. Exporter of textiles and clothing.

1. The economy of the State of Eritrea (Africa) is mostly based on subsistence agriculture (80% of the Eritrean population is implicated in farming and herding)
2. Textiles and clothing, processed meat, beer, shoes, and ceramics are the largest industrial products of the Eritrean Economy
3. Main Eritrean mineral resources are granite, marble, silver, copper, gold, and zinc

Eritrea has preferential access to:

1. Community of Sahel-Saharan States (CEN-SAD)
2. Common Market for Eastern and Southern Africa (COMESA)
3. COMESA-EAC-SADC Free Trade Agreement (FTA)
4. Eritrea COMESA-United States Trade and Investment Agreement
5. Intergovernmental Authority on Development (IGAD)
6. Generalised System of Preferences (GSP)
7. Africa-European Union Strategic Partnership (Cotonou)
8. African Growth and Opportunity Act (AGOA)

The State of Eritrea is a member of:

1. African Development Bank
2. Economic Commission for Africa (ECA)
3. African Union (AU)

❮ Samples - Business in Eritrea ❯

(c) EENI Business School & HA University