Intra-African Trade. Export Diversification

Syllabus of the Subject: Action Plan for Boosting Intra-African Trade.

The Subject “Intra-African Trade” consists of two parts:

1- Introduction to the Intra-African Trade (Import, Export).

Obstacles to the Intra-African Trade;
African exports diversification;
Lack of African infrastructures;
Free-Trade Areas in Africa;
Trade liberalization;
Technical Barriers to Trade (TBT);
Cross-border African trade;
African customs;
Information networks;
Information and communications technology (ICT);
High costs of doing business in Africa;
The African financial markets and the access to credit;
Currencies: Multiplicity and non-convertible.
1. The case of the CFA Franc and the South African Rand.
Free movement of people, labour, and capital;
Lack of African regional frameworks for services in trade liberalization.

2- Action Plan for Boosting Intra-African Trade (Economic Commission for Africa / African Union).

Trade Policy;
Trade Facilitation;
Trade-Related Infrastructure;
Trade Finance;
Trade Information;
Factor Market Integration;
Towards the African Continental Free-Trade Area (AfCFTA).

Intra-African Trade

African Student, Doctorate, Master, International Business, Foreign Trade

The Subject “Intra-African Trade” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Doctorate: African Business, World Trade.

Course: Regional Integration in Africa.

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

Learning materials in Courses, Masters, Doctorate in International Business and Foreign Trade in English or Study, Course Master Doctorate in International Business in French Commerce Intra-Africain Study Master Doctorate in International Business in Spanish Comercio intra-africano Masters Foreign Trade in Portuguese Comércio intra-africano.

African Economic Integration. Online Education (Courses, Masters, Doctorate)

African Continental Free-Trade Area (AfCFTA) 1 billion people, 1.2 trillion dollar

Action Plan for Boosting Intra-African Trade.

The main objective of the Action Plan for Boosting Intra-African Trade is to reach 25% of the intra-African trade (currently, is 10% - 13%) through the regional integration.

The final aim is to create a continental market (African Common Market): the African Continental Free-Trade Area (AfCFTA).

Although the African products have a competitive cost “in factory (EXW)” but the distribution process in Africa (transport, handling, customs, and storage) increases the final price and therefore generate a loss of competitiveness.

The Action Plan for Boosting Intra-African Trade identifies several obstacles to the Intra-African Trade (Export Diversification, Lack of infrastructures, African trade barriers, African cross-border trade, customs).

One of the troubles of the intra-African trade is the long delay of Customs in Africa (12 days), to high compared by example with Central Asia (6 days).

Near 80% of the African exports are exported out of Africa.

The development of National Single Windows is a key factor to improve the intra-African trade.

Regional Economic Communities (REC), like COMESA (Common Market for Eastern and Southern Africa), EAC (East African Community), SADC (Southern African Development Community), IGAD (Intergovernmental Authority on Development), ECOWAS (Economic Community of West African States), CEN-SAD, ECCAS (Economic Community of Central African States) or the Arab Maghreb Union are the key pillar of this vision according to the Treaty of Abuja (the African Economic Community).

The Regional Economic Communities are working in free-trade areas, customs union, common markets and economic and monetary unions.

The Economic Commission for Africa and the African Union are the promoters of this ambitious plan.

The COMESA-EAC-SADC Tripartite Agreement or the Organization for the Harmonization of Business Law in Africa (OHADA) are good examples of the regional integration in Africa that can boost the intra-African trade.

Today, Africa only represent 3% of the global trade. China, India, the European Union, and the US (African Growth and Opportunity Act (AGOA) programme) are the top partners of Africa.

African Countries: Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo, Ivory Coast, Democratic Republic of the Congo, Djibouti, Egypt, Eritrea, Ethiopia, Equatorial Guinea, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, São Tomé and Príncipe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, South Sudan, Eswatini (Swaziland), Tanzania, Togo, Tunisia, Uganda, Zambia, and Zimbabwe.

EENI African Business Portal.

African Value Chains.

We Trust in Africa (Affordable Higher Education for Africans) Kenya, Nigeria, Sudan, Ghana, Tanzania, Cameroon, Egypt...