by: James J. Emery, Melvin T. (Jr.) Spence, Timothy S. Buehrer, Louis T. Wells
When at every turn, they find a new twist, or a new requirement,
foreign investors in Africa can be easily discouraged from setting up
businesses. Although many African governments have liberalized and
reformed investment policies and promote themselves as investment
sites, the reality facing investors differs greatly. To help change the
"lack of investor response" to Africa's enticements, this
book examines the administrative constraints to investment in several
African countries. It presents the experience that confronts investors
when they set up a company. The case histories demonstrate how the
morass of licenses, approvals, permits, and other requirements that
result in undue delays and unforeseen costs encourage bribery and
corruption and foster an environment of pervasive uncertainty for all
investors. The chapters are divided into four areas, which correspond
roughly to the chronological process of investment. They are:
- general approvals, licenses, and registrations;
- specialized approvals;
- requirements to gain access to land, site development, and utility
- operational requirements.
This publication will be of interest to government officials,
academics, and investment firms.
- Shipping Weight: 0.7 lbs (0.32 kgs)
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