EENI Global Business School

West African Monetary Zone (WAMZ)

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Syllabus of the Subject: West African Monetary Zone. West African Monetary Institute

  1. Introduction to the West African Monetary Zone (WAMZ)
  2. West African Monetary Institute
  3. West African Monetary Zone Strategic Plan
  4. Structure of the West African Monetary Institute (WAMI)
  5. Economy of the West African Monetary Zone (WAMZ) region: The Gambia, Ghana, Guinea, Nigeria, and Sierra Leone
  6. Case Study:
    1. Opportunities for Increasing the Cross-Border Trade in the Banking Sector
    2. WAMZ Payments System Development Project

Sample - West African Monetary Zone (WAMZ):
West African Monetary Zone (WAMZ) Gambia, Ghana, Nigeria, Sierra Leone

Online Course Business in West Africa

Student, Online Doctorate in International Business

The Subject “West African Monetary Zone (WAMZ)” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Doctorate (DIB): African Business, Islamic Business, World Trade

Professional Doctorate in International Business (DIB). Online Education

Masters (MIB): Business in Africa, International Business, Foreign Trade, Economic Relations

Masters in International Business and Foreign Trade (MIB) - Online Education

Diploma: Business in West Africa

Learning materials in Courses, Masters, Doctorate in International Business and Foreign Trade in English or Study, Course Master Doctorate in International Business in French Zone monétaire de l’Afrique de l’Ouest (ZMAO) Masters Foreign Trade in Portuguese Área Monetária da África do Oeste (ZMAO) Study Master Doctorate in International Business in Spanish Zona Monetaria del África Occidental (ZMAO)

Area of Knowledge: Africa

Masters and Doctorate in Global Business adapted to the Students of the West African Monetary Zone (WAMZ): Gambia, Masters, Doctorate, Courses, International Business, Foreign Trade The Gambia, Ghana, Masters, Doctorate, Courses, International Business, Foreign Trade Ghana, Liberia Online Master / Doctorate in International Business, Foreign Trade Liberia, Nigeria Doctorate, Masters, Doctorate, Courses, International Business, Foreign Trade Nigeria and Sierra Leone, Masters, Doctorate, Courses, International Business, Foreign Trade Sierra Leone.

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

ECOWAS ZMAO WAEMU (Africa, Master, Doctorate)

Mission of the West African Monetary Zone (WAMZ)

Market Access - Free Trade Agreements (FTA). Online Education (Courses, Masters, Doctorate)

West African Monetary Zone (WAMZ).

In 2000, five Western African Countries (the Gambia, Ghana, Guinea, Nigeria, and Sierra Leone) established the West African Monetary Zone (WAMZ). At the same time was set-up the West African Monetary Institute (WAMI).

Liberia acceded in 2010.

  1. The West African Monetary Zone (WAMZ) is a monetary and customs union with a common currency, the CFA Franc.
  2. Initially, they propose the introduction of the Single Currency in 2003.
  3. Finally, they agreed to launch the new single currency in 2015.

The main objectives of the West African Monetary Zone (WAMZ) are

  1. To promote the regional trade integration
  2. To facilitate the foreign trade and financial operations
  3. To harmonise the legislation and statistics
  4. To develop the payment systems
  5. To encourage the macroeconomics convergence

The West African Monetary Institute (WAMI) is the main body responsible for the creation of the:

  1. Common West African Central Bank
  2. Single Currency of the West African Monetary Zone (WAMZ)

The West African Monetary Zone (WAMZ) region.

  1. 1.60 million square kilometres
  2. 195 million people (77% of the ECOWAS and 21% of the African population)
  3. Total GDP: 390 billion dollars (PPP): 73% of the Economic Community of West African States (ECOWAS) and 19% of Africa
  4. Largest economy: Nigeria (76% of the WAMZ population; 86% of the WAMZ GDP; Crude oil represents 97% of Nigerian exports
  5. Second economy: Ghana (9% of the WAMZ GDP)
  6. Main religions: Islam and Christianity
  7. Lagos-Mombasa Corridor
  8. Largest port: Port of Lagos

The West African Monetary Zone (WAMZ) belongs to the West African Economic Area (African Civilization).

See also: West African Economic and Monetary Union.

Nigerian Trade Agreements: Economic Community of West African States (ECOWAS), Community of Sahel-Saharan States (CEN-SAD), Africa Growth and Opportunity Act (AGOA), European Union, Trade Preferential System (TPS-OIC)...

Abdoul Karim Ouandaogo (EENI Alumni)
Ouandaogo Abdoul Karim (Student of the Master of Science in International Business, University of Ouagadougou & EENI) winner of a WAEMU regional award.

EENI African Portal

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


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