The paper therefore documents the economic activities of China in Nigeria through the channels of trade, outward foreign direct investment and aid, to frame our understanding of the content of those ties. As China's engagement with Nigeria is skewed towards the extractive industry, the paper focuses solely on the oil and mining sectors.
The article examines foreign direct investment trend on import substitution program and factors influencing foreign direct investment in Nigeria, using ex-post facto design as the methodology …
mining companies are negotiated and agreed upon. Foreign Direct Investment in Mining: An Opportunity and Challenge UNCTAD estimates that current Goals-related …
Attracting Responsible Investment to the Nigerian Mining Sector. The need to attract Foreign Direct Investment ("FDI") cannot be over-emphasised as a critical …
The Nigerian Investment Promotion Commission (NIPC) recorded 92 investment project announcements in 2018, with a value of $90.9bn. 33% of this value is accounted for by domestic rather than foreign investors. Total investment in 2018 was well spread across the country, according to NIPC, whereas foreign investment was …
and Environmental impacts of foreign direct investment in the mining sector based on cases from Chivi, Gwanda, Hwange, Marange, Mutoko and Penhalonga. The government is doing everything within its means to attract FDI across sectors of the economy following nearly two decades of macroeconomic stagnation characterised by foreign exchange
Greenfield investments refer to FDI made by a foreign firm to start a new venture or subsidiary in another country. However, greenfield FDI into extractive industries declined. From 2016–20, they accounted for $109 billion or 31 percent of total greenfield investment. Foreign Direct Investment in Africa: Recent Trends Leading up to the African
If widely adopted, the System is capable of putting the Nigeria mining sector on the digitization journey, make it more prominent on the global mining map, boost investors' …
However, as the global geopolitical landscape shifts, Canada's stance on foreign investment in its mining sector has also evolved. This consideration came to the fore in November 2022 when the Canadian government announced the blocking of three investments in Canada's critical minerals sector.
Structure of investment portfolio of Allianz Group 2014-2023; Investment funds financial assets value in Turkey 2020-2022, by asset type; Number of mutual funds worldwide 2011-2014, by country
China's outward foreign direct investment (OFDI) stock in Sub-Saharan Africa (SSA) totaled $36.0 billion in 2016, which ... the DRC were concentrated in mining and infrastructure sectors (Fig 1). ... "Nigeria's Infrastructure Gap Is Huge," October 2018; Yunnan Chen, "China's Role in Nigerian Railway Development," United States ...
Foreign Direct Investment in Nigeria increased by 238 USD Million in the first quarter of 2024. Foreign Direct Investment in Nigeria averaged 800.38 USD Million from 1990 until 2024, reaching an all time high of 3084.90 USD Million in the fourth quarter of 2012 and a record low of -1537.28 USD Million in the second quarter of 2022.
Findings from extant studies on the nexus between foreign direct investment (FDI) and economic growth were mixed. Some studies found that FDI raised economic growth in recipient countries, while ...
The atmospheric carbon dioxide (CO2) escalation, primarily attributable to human activities, has formally instigated climate change. Despite Africa's minor global CO2 emissions, the continent remains disproportionately vulnerable to its impacts. This study delves into the nexuses between foreign direct investment (FDI) and CO2 emissions …
Impact of Terrorism on Foreign Direct Investment in Nigeria - Author: Ezebuilo R. Ukwueze, Henry T. Asogwa, Ozoemena S. Nwodo, Oliver E. Ogbonna. The relationship between terrorism and foreign direct investment (FDI) has stimulated research curiosity given its effects on lives lost, injuries, property damaged, and the …
Foreign direct investment, net inflows (BoP, current US$) - Nigeria International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.
Foreign Direct Investment (FDI) has long been recognized as a catalyst for economic growth and development in Africa. ... The mining industry in Africa is a major contributor to the continent's economy, with abundant deposits of precious metals and minerals. ... properties, investments, or divisions to increase the parent company's …
This discovery brought about a transformative era for Nigeria's economy and crude oil export become a major source of foreign exchange earnings for the country. The significant export earnings from crude oil led to the neglect of the mining sector and the country became a mono-product economy, vulnerable to international oil politics and ...
The impact of mining foreign direct investment on economic growth in Ghana. ... The impact of foreign direct investment on Nigeria's economic growth; 1980-2009: Evidence from the Johansen'sCointegration approach. International Journal of Business & Social Science, 3(6), 122–134. Google Scholar.
The importance of mining to economies in the region is clear. The mining sector contributes about 10 percent to GDP across 15 resource intensive sub-Saharan African countries. In most of these countries, mining exports represent 50 percent of total exports on average and is the main source of foreign direct investment.
The transformation of the economy has improved the investment climate in the country making Kazakhstan one of the key recipients of foreign direct investment in Central Asia.
The country is among the most promising poles of growth in the continent and attracts numerous investors in the sector of hydrocarbon, energy, construction, etc. According to …
While official figures can vary, Nigerian government officials indicate the United States is the largest foreign investor in Nigeria, with U.S. foreign direct investment concentrated largely in the petroleum, mining, and wholesale trade sectors. At $3.89 billion in 2021, Nigeria is the second largest U.S. export destination in Sub …
Foreign Direct Investment 253 FOREIGN DIRECT INVESTMENT: CHALLENGES AND PROSPECTS IN SOLID MINERALS DEVELOPMENT IN NIGERIA Sunday Iduh Korea Development Institute School of Public Policy Mineral development in Nigeria has been highly focused on the oil industry. Nigeria is the largest oil producer in Africa and …
Nigeria's national policy on foreign investment permits foreign investment in all sectors of the economy except specified industries or enterprises designated as being on the "negative list" in the Nigeria Investment Promotion Commission ("NIPC") Act ("NIPC Act"), in which both local and foreign investments are …
The United States is the largest foreign investor in Nigeria, with U.S. foreign direct investment concentrated largely in the petroleum/mining and wholesale trade sectors. In 2022, the two-way trade in goods between the United States and Nigeria totaled over $8.1 billion.
The potential impact of Foreign Direct investments (FDI) on recipient and investing economies is of considerable policy interest. Important to the theory of foreign direct investments in Nigeria are the questions of whether foreign investors coming to Nigeria are market seeking or export driven ; if they are natural resource seeking or strategic …
The Nigerian Investment Promotion Commission (NIPC) recorded 92 investment project announcements in 2018, with a value of $90.9bn. 33% of this value …
Through the analysis of foreign business experiences in China, we aim to demonstrate, via a qualitative case study of foreign direct investment (FDI) in the Chinese mining sector, that in addition ...
Nigeria is endowed with vast reserves of natural resources such as energy minerals like coal and lithium, metallic minerals like gold and lead-zinc and industrial minerals like …