Privatisation in Africa: promoting local enterprise?

Privatisation in Africa: promoting local enterprise?

Published Jan 2002

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Privatisation in Africa: promoting local enterprise?

Privatisation is all the rage in Africa as state enterprises are wound up across the continent. Has privatisation eroded national control of African economies, as critics feared? Or could it provide opportunities for indigenisation – a measure aimed at increasing the ownership and control of assets by local enterprises and individuals? Might it even manage to achieve the development goals that eluded state enterprises?

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