This book examines recent progress made in the region’s privatisation effort in Sub-Saharan Africa. With cumulative proceeds of privatisation accounting for just $8 billion compared to $46 billion in transition economies over the same period, it is clearly still in its infancy. The report...

Thirty-eight sub-Saharan African countries have implemented privatisations programmes. The privatisation process is still far from complete and has led to mixed results. The lessons learned from past privatisations allow the identification of elements that could contribute to future success.

African countries face high youth unemployment and a skills shortage. Technical and vocational systems in Africa are poorly funded and managed. Skill-development strategies need to be integrated into poverty-reduction strategies and focused on sectors with promising employment prospects.