Optional Subject - African regional integration: towards the African Continental Free-Trade Area (Bachelor of Science in Inter-African Business, e-learning, Sixth semester, optional)
Subject (optional) - “African regional integration: towards the African Continental Free-Trade Area (AfCFTA)” (8 ECTS) - Online Bachelor of Science in Inter-African Business (Sixth semester).
The main objective of the Optional Subject “African regional integration” is to understand the irreversible African Integration process
whose ultimate goal is the creation of the “African continental free-trade area”.
The specific objectives are the following:
To understand the fundamental role of the African Union, the Economic Commission for Africa (CEA), the African Development Bank and the regional economic communities (REC) and the overlapping (“Spaghetti bowl”) in African Integration process
To understand the four pillars of regional integration of Africa
To understand the concepts of the African Economic Community, the African Customs Union and the future “African Common Market”
To know the strengths and weaknesses of the African Integration
To know the state of the integration regional African
To determine the barriers to the Intra-African Trade
To know the implications of the Action Plan for Boosting Intra-African Trade (25% of the intra-African trade)
To understand the integration of the African Financial system and the role of Cross-border banking
To learn the ICT advantages applied to the inter-African Trade
To understand the role of the infrastructures and ICT (“African Mobile Revolution”) in African Integration process
To know the PIDA (Programme for Infrastructure Development in Africa)
To evaluate the costs of International Trade (imports/exports) in Africa
To know how the African companies can take advantage of the African Value Chains
To know two good examples of integration: OHADA (Organization for the Harmonization of Business Law in Africa) and Tripartite Agreement (COMESA-EAC-SADC)
To know the paths towards African Continental Free-Trade Area (ZLE), the advantages for Africa and the possible stages of the ZLE
Syllabus of the Program - introduction to the African regional integration
1- Introduction to the African Integration.
History of the African regional integration process
Treaty of Abuja
Towards the African Economic Community (CEA)
Trade agreements and Protocols on Regional Integration
2- Regional Economic Communities (REC) in Africa (summary).
CEN-SAD (Community of Sahel-Saharan States)
TCOMESA (Common Market for Eastern and Southern Africa)
EAC (East African Community)
ECCAS (Economic Community of West African States Central)
ECOWAS (Economic Community of West African States)
IGAD (Intergovernmental Authority on Development)
SADC (Southern African Development Community)
AMU (Arab Maghreb Union)
Introduction to the Tripartite Free Trade Agreement COMESA-EAC-SADC
3- Other African Economic Organizations (summary).
SACU (Southern African Customs Union)
MRU (Mano River Union)
COI (Indian Ocean Commission)
WAEMU (West African Economic and Monetary Union)
WAMZ (West African Monetary Zone)
ICGLR (International Conference on the Great Lakes Region)
CEMAC (Central African Economic and Monetary Community)
4- The four pillars of the African regional integration
Facts and figures about African regional integration
Macroeconomic Policy Convergence, Financial, and Monetary Integration
Harmonization of Sectoral Policies
Trade and Market Integration
Peace, Security, Stability, and Governance
Syllabus of the Program - State of the African regional integration:
Assessing African regional integration (ARIA)
Developments in the major areas across the Regional Economic Communities
Macroeconomic policy convergence
Mainstreaming regional integration
Free movement of people and right of establishment
Physical African integration
Developments at inter-REC and continental levels
Trans-African Corridors initiatives
Harmonicing Rules of origin across Africa
Market Access and Services
Trade Facilitation Measures and Programs
Best Practices in African regional integration
Syllabus of the Program: Action Plan for Boosting Intra-African Trade
1- Introduction to the Intra-African Trade.
Structure of the African Trade
Barriers to the Intra-African Trade
African exports diversification
Lack of infrastructures
Free-Trade Areas
Cross-border trade
Trade liberalization
Trade barriers
African Customs
Information and communication technologies
Information networks
High costs of doing business in Africa
Financial markets and access to credit
Currencies: Multiplicity and non-convertible. The case of the CFA Franc and the South African Rand
CECT = Credit of Capitalisable and Transferable Evaluation (CAMES)
Samples: African regional integration - towards the African Continental Free-Trade Area (AfCFTA) (Bachelor of Science in Inter-African Business, e-learning, Sixth semester, optional).
Language of the subject (optional) “African regional integration: towards the African Continental Free-Trade Area (AfCFTA)” of the Bachelor of Science in Inter-African Business taught by EENI Global Business School (Sixth semester):
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(c) EENI Global Business School (1995-2024)
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