Foreign direct investment and sugar production in Africa: a review

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F24%3A43908523" target="_blank" >RIV/60076658:12510/24:43908523 - isvavai.cz</a>

Alternative codes found

RIV/60460709:41110/24:101596

Result on the web

<a href="https://ufj.nuft.edu.ua/indexpreen.html?doi=10.24263/2304-974X-2024-13-3-4" target="_blank" >https://ufj.nuft.edu.ua/indexpreen.html?doi=10.24263/2304-974X-2024-13-3-4</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.24263/2304-974X-2024-13-3-4" target="_blank" >10.24263/2304-974X-2024-13-3-4</a>

Result language

angličtina

Original language name

Foreign direct investment and sugar production in Africa: a review

Original language description

&quot;ntroduction: This review provides a comprehensive evaluation of the role of Foreign Direct Investment (FDI) on sugar production, efficiency, and competitiveness in African countries, based on empirical evidence from multiple studies.Materials and methods: Drawing from peer-reviewed journal studies, databases, and unconventional sources, the review focuses on the nexus between FDI and its impact on the sugar industries of African countries.Results and discussion: The study highlights the historical significance of FDI in bolstering sugar production and competitiveness across Southern and Northern African regions. Empirical evidence suggests that FDI has the potential to drive sustainable investment, foster inclusive growth, and enhance competitiveness within Africa&apos;s sugar production value chain. The key mechanisms through which FDI boosts sugar production and export competitiveness in certain African nations, as revealed in surveyed literature, include expanding cultivated sugarcane areas and modernizing milling infrastructure through significant investments in property, plant, and equipment. This expansion is propelled by intra-regional investors for Southern African countries and investors from the Middle East in the case of North African countries. However, East and West African countries continue to face challenges, including inadequate investment flows and heavy state intervention, which have inhibited efficiency in both sugarcane production and processing. Despite these insights, there is limited conclusive evidence to determine whether FDI directly improves productivity, yields, and agricultural intensification in African countries. Current literature lacks methodological rigor to quantitatively measure and assess the extent to which FDI impacts sugar production, exports, efficiency, and competitiveness of African sugar industries.Conclusion: African governments need to balance fostering investor-friendly environments with ensuring effective governance, by strengthening institutional frameworks and promoting synergies for sustainable industry growth and competitiveness. © 2024 National University of Food Technologies.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

—

OECD FORD branch

50204 - Business and management

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2024

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Ukrainian Food Journal

ISSN

2304-974X

e-ISSN

2313-5891

Volume of the periodical

13

Issue of the periodical within the volume

3

Country of publishing house

UA - UKRAINE

Number of pages

27

Pages from-to

449-475

UT code for WoS article

001410396200002

EID of the result in the Scopus database

2-s2.0-85212713142