This paper examines the impact of inward foreign direct investments (FDIs) on the industrialisation process in Sub-Saharan African (SSA) countries. Furthermore, the underlying analysis is investigated under consideration of the impact of information and communication technology (ICT) penetration. The paper uses a data sample from 47 countries from 1996 to 2017. Results indicate that FDIs negatively affect SSA countries’ industrialisation process and that this relationship is compounded by a high degree of ICT penetration. Additional findings show that the GDP and the degree of industrialisation have a U-shaped relationship and that exports as well as domestic investment hamper the industrialisation process of SSA countries. The findings indicate that policymakers should critically analyse inward FDIs and the conditions necessary to achieve their beneficial effects.

本文研究了外来直接投资（FDI）对撒哈拉以南非洲（SSA）国家工业化进程的影响。此外，在考虑信息和通信技术（ICT）渗透的影响的基础上对基础分析进行了研究。本文使用了1996年至2017年来自47个国家的数据样本。结果表明，外国直接投资对撒哈拉以南非洲国家的工业化进程产生了负面影响，而且这种关系还由于ICT的高度普及而变得更加复杂。其他发现表明，GDP与工业化程度呈U型关系，出口和国内投资阻碍了撒哈拉以南非洲国家的工业化进程。