02949nam a2200433Ii 4500 9781787433571 UtOrBLW 20251029120756.0 m o d cr un||||||||| 171016s2017 enk ob 001 0 eng d 9781787433571 (e-book) 9781787434554 ePUB UtOrBLW eng rda UtOrBLW f------ HG5822 .B63 2017 BUS113000 bisacsh KCM bicssc 336.1 Bodomo, Adams, author. 61115 The globalization of foreign investment in Africa : the role of Europe, China and India / Adams Bodomo. Bingley, U.K. : Emerald Publishing Limited, 2017. ©2017 1 online resource (xxi, 109 pages). text txt rdacontent computer c rdamedia online resource cr rdacarrier Includes index. Includes bibliographical references. The 21st Century era of globalization has opened up many investment alternatives for Africa. This book examines the role of foreign direct investment (FDI) in Africa's socio-economic development with particular reference to Europe and Asia's two biggest emerging economic powers, China and India. The book starts with a focus on the conceptualizations of FDI and the debate about its benefits or otherwise to the economic development and political sovereignty of the recipient country. It then provides a historical overview of FDI in Africa, arguing that a paradigm shift occurred with China's 21st Century intensified foray into Africa in search of oil and other raw materials to fuel its rapidly rising economy. The book then explores India's presence in Africa, and how it had to wake up to challenge the sudden rise in Chinese investment in the country with its "Focus - Africa" investment programme. This is followed by a brief overview of new emerging players in the African Investment stratosphere, with particular reference to other 'BRIC' countries such as Brazil and Russia. The book concludes with the idea that maintaining clear investment alternatives in Africa's investment stratosphere presents the best scenario for an African economic renaissance in the 21st Century. As Africa becomes a locus for an intensified investment by both traditionally powerful economies and emerging powers, this book provides both a much needed overview and new proposals for foreign investment in the nation. Print version record Investments, Foreign Africa. 61116 Globalization Africa. 61117 Development economics & emerging economies. bicssc 57523 9781787433588 https://www.emerald.com/insight/publication/doi/10.1108/9781787433571 51978 51978