Foreign Direct Investment (FDI) in Africa reached its peak in the last decade through a slightly downward trend was reflected recently. Outflow of FDI (OFDI) to Africa has traditionally been focused on a small number of target jurisdictions, with South Africa and Nigeria being the top destinations. However, new FDI ‘hotspots’ are emerging while Africa’s manufacturing, infrastructure-related and services sectors have been attracting predominantly large amounts of FDI from emerging nations. The introductory session provides trends in OFDI to Africa and factors determining it. A broad eye view of Africa with reference to projects, investment and jobs created from FDI are also described. The following sessions by that narrates OFDI to Africa by highlighting four emerging economies, South Korea, Japan, India, and China. Though lesser-known Asian players begin to carve out their own slice of the African growth story, India and China still remain as fully-fledged partners in terms of OFDI. There has been a massive increase in OFDI from India during post-liberalisation period. Policies of Government of India as well as strong domestic growth are some of the key factors instrumental for it. Over the past decade, Africa has long benefited from significant quantum of OFDI from China. China has signed agreements with several African governments in order to facilitate investment co-operation and fast-track the OFDI. The paper captures interesting highlights on OFDI pattern of these emerging countries in Africa.

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Exploring the Outflow of FDI from South Korea, Japan, China, and India: Trends and Highlights with Reference to Africa

  • Dolly Sunny

摘要

Foreign Direct Investment (FDI) in Africa reached its peak in the last decade through a slightly downward trend was reflected recently. Outflow of FDI (OFDI) to Africa has traditionally been focused on a small number of target jurisdictions, with South Africa and Nigeria being the top destinations. However, new FDI ‘hotspots’ are emerging while Africa’s manufacturing, infrastructure-related and services sectors have been attracting predominantly large amounts of FDI from emerging nations. The introductory session provides trends in OFDI to Africa and factors determining it. A broad eye view of Africa with reference to projects, investment and jobs created from FDI are also described. The following sessions by that narrates OFDI to Africa by highlighting four emerging economies, South Korea, Japan, India, and China. Though lesser-known Asian players begin to carve out their own slice of the African growth story, India and China still remain as fully-fledged partners in terms of OFDI. There has been a massive increase in OFDI from India during post-liberalisation period. Policies of Government of India as well as strong domestic growth are some of the key factors instrumental for it. Over the past decade, Africa has long benefited from significant quantum of OFDI from China. China has signed agreements with several African governments in order to facilitate investment co-operation and fast-track the OFDI. The paper captures interesting highlights on OFDI pattern of these emerging countries in Africa.