Inward foreign direct investment and transfer of environmentally sound technology in Angola

Many developing countries have relied on foreign direct investment as a primary means to acquire technologies. However, there has been inadequate empirical research on the nexus between foreign direct investment and the transfer of environmentally sound technology (EST), specifically focused on Afri...

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Main Author: Albert E. Manyuchi
Format: Article
Language:English
Published: Academy of Science of South Africa 2016-07-01
Series:South African Journal of Science
Subjects:
Online Access:https://www.sajs.co.za/article/view/3537
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author Albert E. Manyuchi
author_facet Albert E. Manyuchi
author_sort Albert E. Manyuchi
collection DOAJ
description Many developing countries have relied on foreign direct investment as a primary means to acquire technologies. However, there has been inadequate empirical research on the nexus between foreign direct investment and the transfer of environmentally sound technology (EST), specifically focused on African countries. In this paper I explore whether inward foreign direct investment in Angola’s energy sector has indeed transferred ESTs. My study encompasses illustrative case studies specifically related to energy firms, and the data were drawn from literature and in-depth individual interviews. The results indicate that Angola has used its national policy framework and institutions to promote inward foreign direct investment, and has harnessed appropriate international regimes to acquire ESTs. Countries may therefore invoke sovereignty principles enshrined in constitutional provisions, or may utilise international regimes to attract ESTs through foreign direct investment. I recommend that further studies be conducted to explore this subject area, drawing examples from other African countries and differing economic sectors.
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spelling doaj.art-cf1f0f3e0e854c2dba081acaf0972b7f2022-12-21T19:27:29ZengAcademy of Science of South AfricaSouth African Journal of Science1996-74892016-07-011127/87710.17159/sajs.2016/201503913537Inward foreign direct investment and transfer of environmentally sound technology in AngolaAlbert E. Manyuchi01 Department of Political Sciences, University of Pretoria, Pretoria, South Africa 2 Anova Health Institute, UCSF–CDC National Surveillance, Johannesburg, South AfricaMany developing countries have relied on foreign direct investment as a primary means to acquire technologies. However, there has been inadequate empirical research on the nexus between foreign direct investment and the transfer of environmentally sound technology (EST), specifically focused on African countries. In this paper I explore whether inward foreign direct investment in Angola’s energy sector has indeed transferred ESTs. My study encompasses illustrative case studies specifically related to energy firms, and the data were drawn from literature and in-depth individual interviews. The results indicate that Angola has used its national policy framework and institutions to promote inward foreign direct investment, and has harnessed appropriate international regimes to acquire ESTs. Countries may therefore invoke sovereignty principles enshrined in constitutional provisions, or may utilise international regimes to attract ESTs through foreign direct investment. I recommend that further studies be conducted to explore this subject area, drawing examples from other African countries and differing economic sectors.https://www.sajs.co.za/article/view/3537energy sectorgreenfieldbrownfieldenvironmentsovereignty principlesconstitutional provisions
spellingShingle Albert E. Manyuchi
Inward foreign direct investment and transfer of environmentally sound technology in Angola
South African Journal of Science
energy sector
greenfield
brownfield
environment
sovereignty principles
constitutional provisions
title Inward foreign direct investment and transfer of environmentally sound technology in Angola
title_full Inward foreign direct investment and transfer of environmentally sound technology in Angola
title_fullStr Inward foreign direct investment and transfer of environmentally sound technology in Angola
title_full_unstemmed Inward foreign direct investment and transfer of environmentally sound technology in Angola
title_short Inward foreign direct investment and transfer of environmentally sound technology in Angola
title_sort inward foreign direct investment and transfer of environmentally sound technology in angola
topic energy sector
greenfield
brownfield
environment
sovereignty principles
constitutional provisions
url https://www.sajs.co.za/article/view/3537
work_keys_str_mv AT albertemanyuchi inwardforeigndirectinvestmentandtransferofenvironmentallysoundtechnologyinangola