The Chinese foreign direct investment to Sub-Sahara Africa
- Authors: Michael M.1,2, Glory E.O.2, Sylvester O.1, Daniel O.T.3
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Affiliations:
- Peoples’ Friendship University of Russia (RUDN University)
- Ambrose Alli University
- Synergy University
- Issue: Vol 29, No 4 (2021)
- Pages: 796-805
- Section: INTERNATIONAL CAPITAL MOVEMENT
- URL: https://journals.rcsi.science/2313-2329/article/view/324386
- DOI: https://doi.org/10.22363/2313-2329-2021-29-4-796-805
- ID: 324386
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Abstract
The increasing investment of China in the Sub-Sahara Africa (SSA) has continued to add value to the continent of Africa. The Chinese investment has served as growth and developmental mechanism and finance sources for viable projects. The effect of China in Sub-Sahara Africa and Africa economies in generally on different dimensions, depending on the nature of the attractiveness of foreign direct investment (FDI) and factor of production of each country. The increased of China FDI inflows to SSA has generated much important gained to the continent of African economies. The authors analyze the FDI, determinants, merits and policy implications necessary to stimulate and accelerate more FDI from China and other countries of the world. In doing this, the SSA countries must have policy direction towards business friendly that would attract more investment and also protect foreign investors against expropriation.
Keywords
About the authors
M. Michael
Peoples’ Friendship University of Russia (RUDN University); Ambrose Alli University
Author for correspondence.
Email: agomado@inbox.ru
postgraduate student, Department of International Economic Relations (World Economy), Peoples’ Friendship University of Russia (RUDN University); part time lecturer, Ambrose Alli University
6 Miklukho-Maklaya St, Moscow, 117198, Russian Federation; KM 70 Benin Auchi Road, P. M. B 14, Ekpoma, Edo State, Federal Republic of NigeriaE. O. Glory
Ambrose Alli University
Email: ehichioyaotorkpashanglory@gmail.com
PhD, senior lecturer
KM 70 Benin Auchi Road, P. M. B 14, Ekpoma, Edo State, Federal Republic of NigeriaO. Sylvester
Peoples’ Friendship University of Russia (RUDN University)
Email: fabiofreed@yahoo.com
postgraduate student, Department of General History
6 Miklukho-Maklaya St, Moscow, 117198, Russian FederationO. T. Daniel
Synergy University
Email: dtemidayo@mail.ru
master student, Department of Civil Law
80 Leningradskii Prospekt, Moscow, 125190, Russian FederationReferences
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