Empirical Analysis of Investment Strategies on the African Content in the Modern Digital age
Africa is a changing continent. Although it is home to some of the world’s most impoverished nations, over the last ten years Africa has seen tremendous economic growth and many organizations contributing to this change. International development organizations and governments alike are seeking the best ways in which to accelerate these accomplishments to achieve the Millennium Development Goals. As such, this study seeks to update the literature on the effects that two of the largest foreign funding mechanisms have on the development of the continent. Foreign direct investment (FDI) inflows to the continent reached $42 billion dollars in 2011, while official development assistance (ODA) amounted to approximately $50 billion. FDI, however, has seen rapid growth since the early 2000s, while ODA has been climbing slowly since post-World War II.
Keywords - Digital Age, Investment Strategies