Why Africa needs its private sector – Paul Collier

30 Sep 2013, by Admin
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Whether Africa’s future will be one of plunder or prosperity to a large extent depends on the role the private sector gets to play in it. Professor Paul Collier, from Oxford University and the author of the best-selling book, The Bottom Billion, made this argument during a speech at a dinner hosted by CDE in June 2013. In it, he argued that Africa could grow rapidly in the next few decades, but that this would happen only if “effective organisations” emerge and if the governance of extractive industries was improved.