Business in Eritrea

EENI- School of International Business

Subject (Course): International Trade and Doing Business in the State of Eritrea. Asmara.

Syllabus:

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

Objectives of the subject “Foreign Trade and Doing Business in the State of Eritrea”:

  1. To analyse the Eritrean economy and foreign trade
  2. To evaluate business opportunities in Eritrea
  3. To explore Eritrea's trade relations with the student's country
  4. To know Eritrea's Free Trade Agreements (FTAs)
Subject “Doing Business in Eritrea” is studied...
  1. Doctorate in Business in Africa
  2. Masters (e-learning): International Business, Africa

Recommendations for Eritrean students

Course learning materials in English or French Erythree Spanish Eritrea Portuguese Eritrea

Credits of the subject “Foreign Trade and Doing Business in Eritrea”: 0.5 ECTS Credits

Sample of the subject - Foreign Trade and Doing Business in Eritrea:
Doing Business in Eritrea

We Trust in Africa

Subject Description: Foreign Trade and Business in Eritrea.

The State of Eritrea.

Eritrea: an economy based on subsistence agriculture.

Exporter of textiles and clothing.

  1. Asmara is the capital of the State of Eritrea (579,000 people).
  2. Tigrinya and Arabic are official languages
  3. Borders of Eritrea: Sudan, Ethiopia, and Djibouti
  4. Eritrean Population: 4.6 millions of people.
  5. Area: 121,320 square kilometres
  6. The state of Eritrea became independent from Ethiopia in 1993
  7. The Government: Republic-party
  8. The currency of Eritrea: Nakfa (ERN)

Religion in Eritrea:

  1. Christians (63%, mainly Orthodox)
  2. Islam (37%, Sunni Muslim)

Eritrea belongs to the East African Economic Area of the African Civilisation.

Eritrean economy:

  1. The economy of the State of Eritrea (Africa) is mostly based on subsistence agriculture (80% of the population of Eritrea 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. The main Eritrean mineral resources: granite, marble, silver, copper, gold, and zinc.

Intergovernmental Authority on Development IGAD

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. Cotonou Agreement
  8. African Growth and Opportunity Act (AGOA)

COMESA Custom Union

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 ❯

Common Market for Eastern and Southern Africa (COMESA)

COMESA-EAC-SADC Tripartite Agreement

Community of Sahel-Saharan States (CEN-SAD)

COMESA Certificate Origin



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