Exploring the role of governance in shaping Foreign Direct Investment in sub-Saharan Africa
Saheed Akande Shittu ORCID ↗ · Lourens J Erasmus
International Journal of Business Ecosystem & Strategy · 2026 · Vol. 8 / Issue 2 · 202-212
Publication metrics
External links open provider records or DOI searches. Provider counts are not combined. Mendeley readership measures saves, not citations.
Dimensions
Live provider badge. If unavailable, use the Dimensions link above.
Observed 21 Oct 2026, 00:14 UTC
Observed 21 Oct 2026 00:14 UTC
OpenAlex and Mendeley observations refresh on article visits, at most once per 24 hours. Unavailable data is not zero. Google Scholar opens a DOI search.
Citations received by this article, grouped by the year of the citing work. Crossref and OpenAlex lifetime totals remain separate in Publication metrics.
2017–2026 Annual history last updated:
Citations received
OpenAlex · year of the citing work
Hover over a year or focus the chart and use arrow keys to inspect values.
2017–2026 annual-history window. 2026 is year to date. Unknown years have gaps.
View data & coverage
2026 is incomplete. Within a successfully fetched ten-year window, omitted years mean zero. Years beyond a saved observation’s window remain unknown (—). Older citations are excluded, so this chart’s sum may differ from the OpenAlex lifetime total. The date above belongs to this annual history; an unsuccessful refresh keeps the previous observation.
Abstract
The study examines how quality of governance influences the Foreign Direct Investment (FDI) inflows in Sub-Saharan Africa. The study adopts a quantitative research strategy that utilises panel data of selected countries during 28 years, that is, 1996-2023. Indicators of governance like Government Effectiveness (GE), Political Stability and Absence of Violence (AV), Rule of Law (RL), Regulatory Quality (RQ) and Voice and Accountability (VA). The findings indicate that Strong Governance frameworks significantly enhance FDI inflows in Sub-Saharan Africa. VA was found to be a very strong positive determinant. GE and PS were also found to have negative relationships in within-country analyses. The IFRS adoption, being a uniform variable throughout the sampled countries, was observed to increase investor confidence. These results imply that the improvement of governance are synergies that help to establish the stable, transparent, and predictable environment sought by investors. Thus, policymakers can improve the governance systems and provide citizen involvement in order to boost foreign investment and attract sustainable capital and economic growth in the region.
Keywords: {'name': 'Governance'}, {'name': 'Foreign direct investment'}, {'name': 'Sub-Saharan Africa'}
Authors & affiliations
Saheed Akande Shittu
University of South Africa
Lourens J Erasmus
University of South Africa
Deposited references
Supplied references, not a list of publications citing this article.
No reference list supplied.