Intergovernmental Authority on Development IGAD Africa Business

Course summary IGAD (Intergovernmental Authority on Development)

The IGAD region: Djibouti, Eritrea, Ethiopia, Kenya, Somalia, Sudan and Uganda. Economy, foreign trade, industry, Information and communication technology (ICT)

The IGAD (Intergovernmental Authority on Development) region stretches over an area of 5.2 million km2 comprising the countries of Djibouti, Eritrea, Ethiopia, Kenya, Somalia, Sudan and Uganda. Population of over 200 Million people (3% of the global population) is the recipient of 40 percent of the entire global food aid.

The economic mainstay of the region is agriculture, both livestock and crop production that provide the basis for food supplies and export earnings as well as employment for over 80% of the population.

The contribution of industries to the national economies is about 15-20% on average.

Since they produce similar commodities, the level of intra-state trade remains low and markets are neither inter-dependent nor inter-linked.

Globalisation trends of the world economy pose both challenges and opportunities for the sustainable development of the IGAD region.

Example of the course IGAD (Intergovernmental Authority on Development):

IGAD (Intergovernmental Authority on Development) will also take an active part in the ACP/European Union (EU) negotiations together with the follow-up of implementation of the RSP/RIP for Eastern Africa regional organisations under the Cotonou Agreement (European Union). IGAD as a Regional Economic Community (REC) will continue to pursue regional coordination and cooperation within the AU/AEC/RECs framework, including NEPAD.

In respect to relationships with EAC, COMESA and CEN-SAD where an IGAD (Intergovernmental Authority on Development) member country would belong to two or more of these institutions, IGAD will negotiate and enter into cooperative agreements and understandings with such institutions to avoid duplication of efforts and wastage of resources.

Moreover, there are other international organisations promoting regional and international economic co-operation, these include Japan-Africa co-operation under TICAD, China-Africa Forum, ACP-EU and the World Trade Organisation (WTO).

Africa Scholarships

IGAD, Intergovernmental, Authority, Development, Africa, Business, IGAD region, Djibouti, Eritrea, Ethiopia, Kenya, Somalia, Sudan, Uganda, Economy, foreign trade, industry, tourism, transport, Information, Communication, Technology, ICT, Master, international business