Thesis (MBA)--Stellenbosch University, 2001. / ENGLISH ABSTRACT: The aim of this study is to compare the potential for foreign direct investment (FDI) in
Angola and Nigeria. The investment criteria of WAIPA (World Association for
Investment Agencies) and UNCTAD (United Nations Conference on Trade and
Development) were used as framework for comparison. FDI is of great importance to
developing countries in as far as the inflow of foreign capital to host countries,
transfer of knowledge and technology takes place thereby strengthening the
economy of host countries to compete in the global economy.
The point of departure was that Angola and Nigeria do not meet the
WAIPAIUNCTAD investment requirements, but yet they receive large amounts of
FDI. This reason for these inflows of FDI, was one of the key questions that needed
to be answered.
The study showed that both Angola and Nigeria have large oil and natural gas
reserves, and that the majority of FDI that they receive, are invested in these sectors.
Natural resources are one of the WAIPAIUNCTAD investment criteria. Die
conclusion of the study was that Angola and Nigeria do not meet the majority of the
investment criteria, and this is also the explanation that there is very little FDI
investment outside of the oil sector in these two countries. The most important
conclusion is that multi-national companies will invest in countries if conditions are
not ideal, but that the returns are higher than the risk associated with the investment.
This is the case in Angola and Nigeria with their large oil and natural gas reserves. / AFRIKAANSE OPSOMMING: Die doel van hierdie werkstuk is, om die potensiaal vir direkte buitelandse investering
(DFI) van Angola and Nigeria te vergelyk. Die investerings kriteria van WAIPA
(World Association for Investment Agencies) en UNCTAD (United Nations
Conference on Trade and Development) is gebruik as vergelykings raamwerk. DFI is
van groot belang vir ontwikkelende lande deurdat buitelandse kapitaal in die gasheer
land belê word, oordrag van kennis en tegnologie plaasvind en dus daardeur die
gasheer land se ekonomie versterk en meer kompeterend maak om in die globale
ekonomie te funksioneer.
Daar is van die veronderstelling uitgegaan dat Angola en Nigeria nie aan die
vereistes voldoen van WAIPA/UNCTAD nie, maar ten spyte daarvan ontvang hierdie
lande nog steeds groot bedrae DFI. Die rede vir hierdie verskynsel is een van die
kernvrae wat beantwoord moes word deur die werkstuk.
Dit blyk uit die werkstuk dat beide Angola en Nigeria oor groot bronne olie en
natuurlike gas besit en dat die oorgrote meerderheid van die DFI wat hierdie lande
ontvang, in hierdie sektor belê word. Natuurlike hulpbronne is een van die
WAIPA/UNCTAD kriteria vir DFI. Die gevolgtrekking van die studie is dat die Angola
en Nigerie nie aan die meerderheid van hierdie belegings kriteria voldoen nie, en dat
dit die verklaring is dat daar uiters min DFI beleggins buite die olie sektor in hierdie
twee lande is. Die belangrikste gevolgtrekking is egter dat multi nasionale
maatskapye wel in lande sal belê indien die opbrengs op investerings groter is as die
risiko verbonde daaraan, soos in die geval van Angola en Nigeria met hul groot olie
hulpbronne.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:sun/oai:scholar.sun.ac.za:10019.1/52555 |
| Date | 12 1900 |
| Creators | Smit, Pierre |
| Contributors | Breytenbach, W., Stellenbosch University. Faculty of Economic & Management Sciences. Graduate School of Business. |
| Publisher | Stellenbosch : Stellenbosch University |
| Source Sets | South African National ETD Portal |
| Language | en_ZA |
| Detected Language | Unknown |
| Type | Thesis |
| Format | 114 p. |
| Rights | Stellenbosch University |
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