Abstract

Multinational enterprises (forward - MNE) from developing counties have intensified their foreign business recently, including activities in Africa (in terms of the past - transnational corporations, TNC). Methodology explanation of such expansion requires the increases of mainstream MNE theories adequacy level. These models are primarily applicable to MNEs from developed countries and should be upgraded by accounting specificities and conditions relevant to the operations of MNEs from the developing world. The current state of such MNEs’ internationalization in African economy has been analyzed and the factors of these companies’ competitiveness in external markets have been generalized (including the factors acquired during transformations in home country economies). The approach based upon assessing the congruency of corporate assets and external environment in developing host countries has been introduced.

Highlights

  • Multinational enterprises from developing counties have intensified their foreign business recently, including activities in Africa. Methodology explanation of such expansion requires the increases of mainstream MNE theories adequacy level

  • These models are primarily applicable to MNEs from developed countries and should be upgraded by accounting specificities and conditions relevant to the operations of MNEs from the developing world

  • The current state of such MNEs’ internationalization in African economy has been analyzed and the factors of these companies’ competitiveness in external markets have been generalized

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Summary

Introduction

Анализируя особенности деятельности МНП развивающихся стран в экономике Африки, следует учитывать непропорциональность ее доли в мировых запасах природных ресурсов и населении с объемами поступления ПИИ, которые доставили 59 млрд долл. В частности, МНП China Molybdenum планировала разрабатывать новые месторождения кобальта и для реализации этой цели полностью приобрела в Демократической Республике Конго капитал дочерней компании МНП американского базирования, заплатив за это 2,8 млрд долл.

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