Much of the growth in Sub-Saharan Africa in the past decade has come from extractive industries, rather than from private, entrepreneurial activity. Furthermore, non-extractive activity in the private sector is often dominated by firms owned by ethnic minorities. This paper analyzes the characteristics of the formal private sector in five countries in sub-Saharan Africa, with a particular emphasis on Black African-owned (indigenous) firms. The authors...
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2007/01/01
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Documento de Trabalho (Série Numerada)
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41993
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1
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1
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2010/07/01
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Disclosed
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Why are there so few black-owned firms in in Africa? Preliminary results from enterprise survey data
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Regional Program on Enterprise Development
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