This paper, prepared by the Private Sector Development Department at the initiative of the Africa Technical Department of the World Bank, examines the promise and challenge of infrastructure privatization in Sub-Saharan Africa, with particular emphasis on power, telecommunications, water, rail,...

The pharmaceutical industry is unique because of a close connection between knowledge and final product. As the quintessential science-based industry, pharmaceuticals depend heavily on high level manpower and substantial R&D for innovation. Because these requirements are costly, the industry is...