Most sub-Saharan African (SSA) countries have been recording considerable growth since the beginning of this century compared to the dismal and unstable growth experience of the 1980s and 1990s. In 2004, for instance, sub-Saharan Africa recorded a per capital gdp growth rate of about 2.6% but...

This paper reviews the various ways in which the financial sector could impact on economic growth and development and in the process makes reference to some theoretical underpinnings. We present the structure and characteristics of financial systems in Africa. The main characteristics of...

This paper discusses various ways of financing infrastructure under public private partnership (PPP) arrangements in Africa. The paper presents the standard literature on the relationship between infrastructure investment and economic growth, highlighting the contradictory findings in the...

Evidence abounds to support the view that economy of sub-Saharan Africa (SSA) has been growing in recent times, but there is considerable concern that the growth has not been accompanied by economic transformation. The lack of economic transformation is traceable to low level of investment in...