By far the most important set of disciplines for the understanding of African studies in the global context is economics, finance and business. This is arguably because Western economic and business interests were the main drivers of colonization. The adoption of Western-style Companies Acts across the continent however has resulted in the mass de-legitimization of several indigenous businesses. The essence of this session will be to examine the African business, economic and finance space in the context of the foreignness of applicable theories, principles, and practices. Case studies, theoretical, and empirical papers that address the following questions are especially welcome: How do Western theories fare in explaining the specificities of economic and business engagements in Africa? What is the role of international regulatory standards in the dilated exclusivity and informality in Africa’s business and finance practices? Does being foreign mean differently for African multinationals operating in Africa? How have African businesses exploited the specificities of their local environment to compete with international businesses in the African business space? What forces have in recent times shaped the practices of African regional organizations and how have these impacted on businesses in Africa?
This Panel has so far received 4 paper proposal(s).