Privatizing Africa's Infrastructure: Promise and Challenge

This paper examines the promise and challenge of infrastructure privatization in sub-Saharan Africa, with particular emphasis on power, telecommunications, water, rail, ports and airports. The paper places primary emphasis on mobilizing private investment in infrastructure. To realize the potential...

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Bibliographic Details
Main Authors: Kerf, Michel (Author), Smith, Warrick (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C The World Bank 1996
Series:World Bank Technical Papers
Subjects:
Online Access:Volltext
Summary:This paper examines the promise and challenge of infrastructure privatization in sub-Saharan Africa, with particular emphasis on power, telecommunications, water, rail, ports and airports. The paper places primary emphasis on mobilizing private investment in infrastructure. To realize the potential of infrastructure privatization in sub-Saharan Africa, four main challenges must be addressed: a) concerns over market size, affordability and payment risks; b) establishing adequate legal and regulatory frameworks; c) dealing with non commercial risks; and d) mobilizing local finance. The paper examines these four areas and gives elements of a future strategy for the World Bank Group
Physical Description:1 Online-Ressource (120 Seiten)
ISBN:0821337440
9780821337448