PRINT THIS PAGE The climate for private sector development in Africa19/11/2003. Source: International Finance Corporation.
Far-reaching economic reforms introduced throughout much of Africa in the 1990s have begun to create a more stable and attractive environment for private investment, according to the International Finance Corporation. The challenges for private sector development include the small size and fragmentation of most African economies, their structural rigidities, vulnerability to political instability, poorly developed financial markets and low levels of infrastructure.
Click here to view full report (pdf 320kb)
You need Adobe Acrobat to read this document. If you do not have it, you can download it free from www.adobe.com/products/acrobat/readstep.html
The International Finance Corporation, part of the World Bank Group, fosters sustainable economic growth in the emerging markets by providing loans and equity to the private sector, mobilizing capital in the international financial markets, and providing technical assistance to governments and businesses. Since its founding in 1956 through 30 June 2002, IFC has committed more than $34bn of its own funds and has arranged $21bn through syndications for more than 2,800 companies in 14 developing countries. For further information please visit www.ifc.org.
|
