Foreign Direct Investment in Africa

Ioan -David Legman ()
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Ioan -David Legman: Transylvania Economic College of Targu Mures

Chapter Chapter 15 in Impact of Artificial Intelligence (AI) and the Global Financial Crisis on Development in Africa, 2026, pp 289-312 from Springer

Abstract: Abstract Introduction The African continent, with its diverse landscapes, cultures, and abundant natural resources, has increasingly become a focal point for multinational companies seeking new opportunities for growth and expansion. Over the past few decades, Africa has emerged as a promising destination for global businesses, driven by its rapid urbanization, a burgeoning middle class, and a growing demand for various products and services. Material and Methods: The methodology of the research was based on fundamental research, using analysis-specific procedures such as observation and reasoning. The first stage of the work was documentation, and a bibliographic documentation was needed. This was done on the basis of specialized work. The deductive method was used and observations were made at national level with an extension in different fields of activity. Results: Foreign direct investment contributes to the economic growth of the host country by creating jobs, developing infrastructure, transferring technology and stimulating key economic sectors. Conclusion: Multinational firms, through their role, become the strongest pressure forces to deepen the globalization of their economic activity that take place in a dynamic, turbulent setting even in certain periods or areas, in the world economy.

Keywords: Multinational companies; Globalization; Foreign direct investment (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-94518-2_15

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DOI: 10.1007/978-3-031-94518-2_15

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