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  Back to the future for African infrastructure? Why state-ownership is no more promising the second time around

  Center for Global Development, USA, 2006

  Many African state-owned enterprises (SOEs), particularly those in infrastructure sectors, have a long history of poor performance. Since the 1990s, there has been heavy reliance on private sector participation and ownership, but Africa’s private participation in infrastructure (PPI) initiatives have been comparatively few and weak.