West African Monetary Zone (WAMZ) Nigeria

Syllabus of the Subject

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

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

West African Monetary Zone (WAMZ):

Student, Online Doctorate in International Business

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

Doctorate: African Business, Islamic Business, World Trade.

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

Business in West Africa.

Foreign Trade and Business in West Africa

Languages: Masters, Doctorate, International Business, English or Study 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 adapted to the Students of the WAMZ: Gambia, Masters, International Business Trade The Gambia, Ghana, Masters, International Business Trade Ghana, Liberia Online Master / Doctorate in International Business, Foreign Trade Liberia, Nigeria Doctorate, Masters, International Business Trade Nigeria and Sierra Leone, Masters, International Business Trade Sierra Leone.

African Economic Integration

ECOWAS ZMAO WAEMU (Africa, Master, Doctorate)

Market Access - Free Trade Agreements

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.

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

The main objectives of the WAMZ are.

To promote the regional trade integration
To facilitate the foreign trade and financial operations
To harmonize the legislation and statistics
To develop the payment systems
To encourage the macroeconomics convergence

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

Common West African Central Bank
Single Currency of the WAMZ

The West African Monetary Zone (WAMZ) region.

1.60 million km²
195 million people (77% of the ECOWAS and 21% of the African population)
Total GDP: 390 billion dollars (PPP): 73% of the ECOWAS and 19% of Africa
Largest economy: Nigeria (76% of the WAMZ population; 86% of the WAMZ GDP; Crude oil represents 97% of Nigerian exports
Second economy: Ghana (9% of the WAMZ GDP)
Main religions: Islam and Christianity
Lagos-Mombasa Corridor
Largest port: Port of Lagos

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

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 Business Portal.

We Trust in Africa (Affordable Higher Education for Africans)