Why ‘foreign direct investment’ by multinational companies in Africa is a scam

www.zimsphere.co.zw/2024/05/why-foreign-direct-investment-by.html

THE phenomenon of foreign direct investment (FDI) from global multinational companies ‘doing business’ in Africa is still parroted as the panacea to the continent’s obstinate facts of poverty and hunger. Yet, the truth that is hidden from people is that foreign companies do not reflect any benevolence towards the continent: they only care about the accumulation of private profits at the expense of the majority poor.