The document discusses the growth of the private sector in Africa and its potential to drive further development. It notes that Africa has experienced positive growth over the last decade, fueled by reduced conflicts, stability in most countries, and investment from India and China. Information technology and mobile money in Kenya have boosted banking, SMEs, and private sector growth. The private sector has increased trade openness and infrastructure development, fueling productivity gains. Going forward, the private sector is poised to usher Africa into becoming a medium-income continent within 50 years by making investments in key areas like IT, agriculture, energy, real estate, infrastructure, finance, and research. The role of the public sector will be regulatory and advisory, while the

1. Private Sector Investment the
Wheel to Drive Africa to Posterity

2. Positive Growth
 For the last decade Africa has experienced great
positive growth, and this has not gone unnoticed
worldwide,
 according to the economist magazine dated 3rd
Dec 2010 titled “Africa Hopeful Economies” the
writer state that theses growth is bound to
continue

3. Introduction
It is quite evident that currently in Africa
there is:
 Reduced conflicts,
 stability in majority of countries
 Most African countries are set to take off after
India and China.

4. Case Study- Information Technology
Vs Mobile Money In Kenya
 Information technology has been widely
accredited for the success of (Mobile Money) M-
Pesa services in Kenya, where it has had profound
effect on:
 Banking and Transaction, SMEs, etc.
 Information technology has also been able to spur
the growth of private sector;
 we therefore envisage the impact and success of
private sector to supersede that brought initially
by M-Pesa (Mobile Money)

5. Revolution of the Private Sector
In Africa
 According to Mckinsey and company report titled
“what is driving Africa” by Leke, Roxburgh et.
al, dated June 2010, the authors writes that
“private owned enterprise have increased openness, of
trade,…. provided critical physical and social infrastructure
and this has helped fuel Africa productivity”.

6. Areas of Potential In Private
Sector In Africa
1. High success in the support of private
enterprises
2. Strengthening of financial system
3. Achievement of competitive
infrastructure
4. Great success in regional integrations and
trade
5. Promotion of stability and investment
climate in Africa

7. Conclusion
The success in any free market economy to create
jobs, create innovation, improve living standards and
create wealth has been driven largely by
 Entrepreneurs,
 investors and
 private enterprise (that form the body of the private sector.)
The role of the public sector in Africa will remain largely or be
limited to regulatory, supervision and guidance.
The Private Sector in Africa is the next big force to usher Africa
to a medium income continent in the next 50 year with notable
investment in information technology, Agriculture, Energy, Real
Estate, Infrastructure, Financial Services and Research.

8. Thank You
Further Comprehensive Analysis - contact
Milton Ochieng
Email: milton-ochieng@hotmail.co.uk