paper
Development finance institutions (DFIs), political conditions, and foreign direct investment (FDI) in Sub-Saharan Africa
Carmen Berta C. De Saituma Cagiza, Ilidio Cagiza
Development finance institutions (DFIs), political conditions, and foreign direct investment (FDI) in Sub-Saharan Africa
Carmen Berta C. De Saituma Cagiza, Ilidio Cagiza
paper2025-10-18English
quantitative financearxiv
Description
This study investigates the dynamic relationship between development finance institutions (DFIs), foreign direct investment (FDI), and economic development in Sub-Saharan Africa (SSA) from 1990 to 2018, using a quantitative panel dataset of annual data for five SSA countries (Nigeria, Ghana, Kenya, South Africa, and Zimbabwe) and a fixed-effects model estimated in STATA. Specifically, the analysis examines whether DFIs enhance FDI inflows, thereby promoting economic growth and contributing to th...
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