The Chinese foreign direct investment to Sub-Sahara Africa

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 g...

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Bibliographic Details
Main Authors: M. Michael, E. O. Glory, O. Sylvester, O. T. Daniel
Format: Article
Language:English
Published: Peoples’ Friendship University of Russia (RUDN University) 2021-12-01
Series:RUDN Journal of Economics
Subjects:
Online Access:http://journals.rudn.ru/economics/article/viewFile/30109/20312
Description
Summary: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.
ISSN:2313-2329
2408-8986