• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
    • Abstracting/ Indexing:  CNKI, Google Scholar, Electronic Journals Library, Crossref, Ulrich's Periodicals Directory, MESLibrary, etc.
    • E-mail: joebm.editor@gmail.com
JOEBM 2018 Vol.6(1): 17-26 ISSN: 2301-3567
DOI: 10.18178/joebm.2018.6.1.545

Foreign Direct Investments Inflow and Outflow in the Sub-regions of Africa and Its Trade with the World

Y. Evans, C. Kesse, and O. Isaac

Abstract— This study assessed and provides a holistic Literature review of the flow of investment and the analysis on South Africa and Morocco imports and exports. By examining the impact and projections of Africa’s trade contribution to the world’s development through the export and import of merchandise trade, it was realized that, Africa trading trends in the United States and the Europeans have changed currently and rather, there has been a diversification in export and import trade destination by the African continent. Africa’s trading with the European Union has been switched to the Asian continent with China now the largest trading partner in Africa after the world economic crises in 2008. Secondary data from accredited sources were used for this research and five demographic, social and economic countries from the Northern, Southern, Eastern, Central and Western zones of the Africa continent were used in understudying the aim of this paper/research. The inflow of foreign direct investment into the African continent is mostly from the developed countries, international bodies, the European Union and some of the fastest developing economies on the Asian continent. However, the outflow of FDI is lower as a result of most of the countries in Africa depending heavily on the inflow of foreign direct investment as their main source of development of their economies thereby focusing less on outward investments. The results highlights South Africa, Nigeria, Botswana, Angola and Morocco to continue to be top five (5) home economies of outward FDI in Africa. Therefore, since the continuous increase in investment in Africa as proven to be of favorable conditions and the benefits investors receives from the continent and Investment attraction among other factors were noted, the need of sound investment policies among other factors to entice many investors into the continent are recommended.

Index Terms— FDI, business-friendly, foreign investors, trade deficits, Africa and Ecowas.

Yeboah Evans and Ofori Isaac are with Nanjing University of Science and Technology in China, China (e-mail: yeboahevans56@yahoo.com, isaacofori295@yahoo.com).
Christiana Kesse is with International Trade and Economics at Hohai University in Nanjing, China.

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Cite: Y. Evans, C. Kesse, and O. Isaac, " Foreign Direct Investments Inflow and Outflow in the Sub-regions of Africa and Its Trade with the World," Journal of Economics, Business and Management vol. 6, no.1, pp. 17-26, 2018.

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