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Africa's Private Sector

Africa's Private Sector
Author: Vijaya Ramachandran
Publisher: CGD Books
Total Pages: 138
Release: 2009
Genre: Business & Economics
ISBN: 1933286288

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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.


Promoting Stability and Development in Africa

Promoting Stability and Development in Africa
Author: Marta Martinelli
Publisher: Edizioni Nuova Cultura
Total Pages: 208
Release: 2015-11-20
Genre: Business & Economics
ISBN: 8868125951

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Africa is experiencing one of the greatest transformations of its history. Today’s Sub-Saharan Africa is still marked by enduring instability, mass migrations and crises, but at the same time it is also characterised by positive developments including economic growth and regional integration. This publication sheds light on these changes from three perspectives: economic policies and sustainable development; good governance and democracy; peace and security. Research in relevant regions in Sub-Saharan Africa and key countries (Ethiopia, Mozambique, Nigeria and South Africa) has been conducted by African and European experts with the aim of assessing the role of the private sector and determining the partner-ship opportunities that could potentially be developed with the public sector. A series of policy recommendations are offered to the European Union on how to tackle these opportunities in cooperation with old and new actors.


Unlocking Africa's Business Potential

Unlocking Africa's Business Potential
Author: Landry Signe
Publisher: Brookings Institution Press
Total Pages: 361
Release: 2020-04-07
Genre: Business & Economics
ISBN: 0815737394

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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.


Private Sector Development in West Africa

Private Sector Development in West Africa
Author: Diery Seck
Publisher: Springer
Total Pages: 238
Release: 2014-07-01
Genre: Business & Economics
ISBN: 3319051881

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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.


Growth, Equity, And Self-reliance

Growth, Equity, And Self-reliance
Author: Ampah G. Johnson
Publisher: Routledge
Total Pages: 144
Release: 2019-04-02
Genre: Political Science
ISBN: 0429709773

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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.


Private and Public Sectors

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

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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 Tourism in Conservation Areas in Africa

Private Sector Tourism in Conservation Areas in Africa
Author: Susan Snyman
Publisher: CABI
Total Pages: 258
Release: 2019-04-24
Genre: Business & Economics
ISBN: 1786393557

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Using a rich set of detailed case studies, this volume furnishes the first comprehensive analysis of the role of the private sector in conservation areas. For researchers of tourism, development studies and biodiversity conservation this book is a new and important benchmark in African scholarship. -Christian M. Rogerson, Research Professor, School of Tourism & Hospitality, University of Johannesburg. "This is an impressive book that will make an important contribution to the literature on private-sector involvement in the delivery of tourism services in parks and protected areas in Africa." - Dr. Paul F. J. Eagles, Distinguished Professor Emeritus, Department of Recreation and Leisure Studies, University of Waterloo. Tourism in Africa's protected and conserved areas involves partnerships and interactions between numerous stakeholders such as governments, communities, NGOs, the private sector and academics. Through the use of 32 comprehensive case studies from 11 African countries, this book presents guidelines to ensure optimal benefits for stakeholders as well as promoting the sustainability of tourism in Africa. It includes descriptions of the various models for the private sector to engage in tourism in conservation areas in Africa, such as pure private sector ownership, joint ventures, tripartite agreements and government leases. End-to-end coverage of the processes used to develop these partnerships is provided, as well as best practices for the private sector engaging in tourism. The book provides guidance on identifying the most suitable private sector tourism options based on guidelines of conditions and desired outcomes, to promote the long-term sustainability of African tourism in protected areas. This book is recommended for academics, students and practitioners working in sustainable tourism, including community, private sector and government stakeholders.


Finance in Africa

Finance in Africa
Author: European Investment Bank
Publisher: European Investment Bank
Total Pages: 281
Release: 2021-11-23
Genre: Business & Economics
ISBN: 9286150644

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Africa's recovery from the COVID-19 crisis will depend on private firms sustaining and creating jobs. But even previously thriving enterprises have been badly hit by the crisis. This report outlines the consequences of the health crisis in Africa, the potential cost of the recovery and the willingness of banks to support green investments as they look to the future.


Investment Opportunities and Private Sector Growth in Africa

Investment Opportunities and Private Sector Growth in Africa
Author: Godfrey Mwakikagile
Publisher:
Total Pages: 0
Release: 2007
Genre: Africa
ISBN: 9780980258776

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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.