Post-Privatization Challenges

Abstract

African countries have engaged in privatization for more than ten years. This involves the transfer of public assets to the private sector or asset divestiture; awarding managing contracts to private firms as management and/or technical consultants to run state enterprises; contracting private firms to provide services hitherto supplied by state monopolies; commercialization or de-monopolization; increasing or where it did not exist, introducing competition within the former state enterprise sector and between the sector and private enterprises.