This study is intended to investigate and subsequently improve the capability of corporate finance executives in handling acute liquidity shortages through optimal cash flow management practices within a risk-return framework in the Nigerian quoted manufacturing enterprises. The questionnaire...

The business opportunities in Southern Africa have justified any effort to learn more about the phenomenon of the transfer of knowledge to the local subsidiaries. We studied four cases with activities in the industrial sector. The results obtained indicate that an efficient transfer of knowledge...

The internationalisation of enterprises is one of the essential ways to strengthen the competitiveness of firms from developing countries (UNCTAD, 2005c: 3). Strong growth in outward foreign direct investment (OFDI) from developing countries has become the distinguishing feature of the...

This paper reviews the status of Agricultural Biotechnology in Sub-Saharan Africa. It addresses the potential economic benefits to Sub-Saharan Africa and the effect biotechnology policies may have on growth, production and poverty reduction. The extent to which agricultural biotechnology will...

The field of African economic history is in resurgence. This paper reviews recent and on-going research contributions and notes strengths in their wide methodological, conceptual and topical variety. In these strengths there is also a challenge: different methodological approaches may also...

African economies are facing the critical challenge of raising the rate of GDP growth and sustaining high growth rates and thus meet the Millennium Development Goals (MDGs). The performance of agriculture is more paradoxical and African exports of industrial goods are dominated by mining and...

This paper studies the evolution of the foreign trade specialization in manufacturing sectors of South Africa, Algeria, Nigeria and Egypt. These four countries, the so-called SANE, are recently viewed as Africa’s best chance of producing an economic bloc comparable to the BRIC economies of...

This paper provides empirical evidence on the effect of irreversibility and non-convexities in adjustment costs on firm investment decision based on 1996-2002 firm level data from the Ethiopian manufacturing. It relies on a rich census based panel data set that gives the advantage of...