The use of artificial intelligence in the institutional environment in order to attract foreign direct investment to African countries
https://doi.org/10.18384/2949-5024-2024-4-18-25
Abstract
Aim. The aim of this work touches on the topic of the use of artificial intelligence (AI) in the modern economy of African countries for economic growth. The relevance of studying the impact of artificial intelligence in attracting investments in the economy is substantiated and the procedure and list of opportunities that can be useful for businesses that plan to invest in African countries with the support of investment promotion agencies are presented.
Methodology. The analysis of the measures taken by African countries to attract foreign direct investment and use it for the economic development of the continent was carried out, and the result of the study was obtained, which shows the importance for the growth of the global economy.
Results. The conclusion is made about the productivity of the use of artificial intelligence, which will simultaneously ensure the profitability of the business and contribute to improving the conjuncture of the host economies of African countries.
Research implications. The importance of this scientific research for the economic growth of African countries and other countries of the world is due to the study of the digital platform in order to attract foreign investors in the implementation of artificial intelligence.
About the Author
D. V. Fogel
Institute for African Studies of the Russian Academy of Sciences
Russian Federation
Russian Federation
Denis V. Fogel – Research Assistant, Center for Global and Strategic Studies
ul. Spiridonovka 30/1, Moscow 123001
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