Africa s Private Sector

Africa s Private Sector
Author: Vijaya Ramachandran,Alan H. Gelb
Publsiher: CGD Books
Total Pages: 138
Release: 2009
Genre: Business & Economics
ISBN: 9781933286280

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Why is the private sector yet to take off in much sub-Saharan Africa? Drawing on a unique set of enterprise surveys, Vijaya Ramachandran and her co-authors identify the biggest obstacles: inadequate infrastructure (especially unreliable electricity and crumbing roads) and burdensome regulation. They then show how ethnic minorities dominate the private sector in many countries, inhibiting competition and demands for a better business environment, and thus impeding the emergence of an entrepreneurial middle class. Based on this careful diagnosis, the authors suggest investing in infrastructure and reforming regulation to lower the cost of doing business, and increasing the access to education of a broader-based business class that crosses ethnic divides. Book jacket.

Private and Public Sectors

Private and Public Sectors
Author: Karl Wohlmuth
Publsiher: LIT Verlag Münster
Total Pages: 734
Release: 2004
Genre: Business & Economics
ISBN: STANFORD:36105114769487

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The African Development Perspectives Yearbook series fills a gap in the literature on Africa's development problems. Experts from African institutions and regional organisations, from international organisations, from universities and research institutions, from governmental and non-governmental organisations, and from the donor community analyse issues and report on problems and solutions, on new policies, programmes, projections and visions, and on new and ongoing projects in and for Africa. Various levels of action that are relevant for Africa's development are considered in this Yearbook - the international community in its relation to Africa, interregional and national issues of Africa's development, but also local projects and local development achievements are documented. Africa's development perspectives are therefore analysed and commented from the global to the local space, by presenting analytical surveys and policy statements, declarations and programmes of international, regional, national and voluntary organisations. It is also the purpose of the African Development Perspectives Yearbook to establish a news-and-information network, a forum for international communication on Africa's development perspectives. This tenth volume presents analyses, policy-oriented papers, development projections, and proposals for reforms with regard to the role of public and private sectors in Africa. The balance between private and public sector development in Africa is challenging due to a rapidly changing international environment in the era of globalisation. It discusses the role of the private sector, the functions of the private sector institutions, the state of the privatisation programmes, and the importance of a strengthening of public policies, public infrastructures and public institutions in Africa.

Private Sector Development in West Africa

Private Sector Development in West Africa
Author: Diery Seck
Publsiher: Springer
Total Pages: 227
Release: 2014-07-01
Genre: Business & Economics
ISBN: 9783319051888

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This book examines key determinants of private sector development in West Africa, putting special emphasis on government’s cardinal role in fostering and supporting entrepreneurship. Favorable macroeconomic conditions are identified and it is shown that adequate policies that contribute to economic diversification and industrialization are likely to expand the investment base of the economy. The book also examines new business concepts and regional integration initiatives meant to enhance West Africa’s private sector and analyzes the role of finance in promoting development of private firms and the extent to which corruption impedes economic growth. All chapters are highly relevant to West Africa’s current policy challenges and therefore inform the region’s ongoing policy formulation. The empirical evidence supporting the policy recommendations is based on both qualitative field observations and advanced quantitative estimation techniques.

Investment Opportunities and Private Sector Growth in Africa

Investment Opportunities and Private Sector Growth in Africa
Author: Godfrey Mwakikagile
Publsiher: Unknown
Total Pages: 0
Release: 2007
Genre: Africa
ISBN: 0980258774

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The author looks at investment opportunities in Africa from a continental perspective. He also focuses on a number of countries which have some of the best investment opportunities on the continent. The book is a comprehensive survey of African economies, their successes and failures, and looks at all sectors of the economy which have undergone radical transformation since the adoption of free-market policies after the end of the Cold War. African economies are now driven by the private sector but the vast majority of the people have yet to benefit from this economic transformation, the author contends. Also included are profiles of some African Americans who have settled and invested in Africa. One of them is the son of baseball legend and civil rights activist Jackie Robinson who lives in Tanzania. He's one of the most successful farmers in Tanzania. He also got married there and has a family with his Tanzanian wife and applied for citizenship. The author also warns about the dangers of the Second Scramble for Africa spearheaded by multinational corporations and their home governments to exploit the continent's natural resources for their own benefit, and emphasises that there is an imperative need for African countries to protect their interests while they at the same time actively seek foreign investors to help develop their economies. It is an inescapable fact that all countries are inextricably linked in this era of globalisation. The book can also be used in college as a primary or supplementary text in the study of development economics not only in the African context but also for other parts of the Third World. It can also serve as a guide for those who want to invest or live in Africa or simply learn about the economies of African countries covered in this study. But it is also dire warning about the dangers of globalisation which, the author contends, is in many ways a new form of imperialism.

Unlocking Africa s Business Potential

Unlocking Africa s Business Potential
Author: Landry Signe
Publsiher: Brookings Institution Press
Total Pages: 361
Release: 2020-04-07
Genre: Business & Economics
ISBN: 9780815737391

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Africa welcomes business investment and offers some of the world's highest returns and impacts Africa has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns. Africa has been one of the world's fastest-growing regions over the past decade, and by 2030 will be home to nearly 1.7 billion people and an estimated $6.7 trillion worth of consumer and business spending. Increased political stability in recent years and improving regional integration are making market access easier, and business expansion will generate jobs for women and youth, who represent the vast majority of the population. Current economic growth and poverty-alleviation efforts mean that more than 43 percent of the continent's people will reach middle- or upper-class status by 2030. Unlocking Africa's Business Potential examines business opportunities in the eight sectors with the highest potential returns on private investment—the same sectors that will foster economic growth and diversification, job creation, and improved general welfare. These sectors include: consumer markets, agriculture and agriprocessing, information and communication technology, manufacturing, oil and gas, tourism, banking, and infrastructure and construction. The book's analysis of these sectors is based on case studies that identify specific opportunities for investment and growth, along with long-term market projections to inform decision-making. The book identifies potential risks to business and offers mitigation strategies. It also provides policymakers with solutions to attract new business investments, including how to remove barriers to business and accelerate development of the private sector.

Economic Diversification in Africa A Review of Selected Countries

Economic Diversification in Africa A Review of Selected Countries
Author: OECD,United Nations
Publsiher: OECD Publishing
Total Pages: 84
Release: 2011-04-06
Genre: Electronic Book
ISBN: 9789264096233

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This study provides an empirical review of the role of governments, the private sector, regional economic institutions and the broader international community in driving economic diversification.

Healthy Partnerships

Healthy Partnerships
Author: Anonim
Publsiher: World Bank Publications
Total Pages: 218
Release: 2011
Genre: Medical
ISBN: 9780821384732

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Since the private health sector is an important, and often dominant, provider of health services in Sub-Saharan Africa, it is the job of governments as the stewards of the health system to engage with it. Increasing the contributions that the existing private health sector is making to public health is an important, but often neglected, element of meeting the daunting health-related challenges facing African nations. This Report presents newly collected data on how and how effectively each country in the Africa region is engaging the respective private health sectors; and how the engagement compares across the region. While the approach taken by governments varies greatly between countries, there is much room for improvement in the Africa region overall to engage more effectively and room for exchange of ideas and good practices on how to do so. Improved solutions on the policy/regulatory side should be supported by effective organization of the private sector itself and by adjustments in donor programs that take the dynamics of the private health sector better into account.

Growth Equity And Self reliance

Growth  Equity  And Self reliance
Author: Ampah G. Johnson
Publsiher: Routledge
Total Pages: 144
Release: 2019-04-02
Genre: Political Science
ISBN: 9780429709777

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This book explores what is, for many African countries, a new and controversial policy of relying on private actors rather than on government organizations to foster economic growth and development. The contributors explore key issues such as the impact of private enterprise on the development process, small- and medium-sized businesses as a vehicle for growth, and strategies for the expansion of markets and trade. The contributors analyze the historical, social, cultural, and economic obstacles to the development of private enterprise in Africa; the roles of government, women, and business organizations; access to capital and the function of financial institutions; private initiative and agriculture; the use of skilled and semi-skilled labor; and technology transfer. Arguing that private sector forces are crucial to African socioeconomic development, the contributors recommend economic policy reform, establishment of more private enterprises, and encouragement of new domestic and foreign investment.