Policy highlights:

  • African countries have much to gain by encouraging open and competitive markets, particularly as a means to spur sustainable economic growth and alleviate poverty. However, such development is seriously hampered by the prevalence of cartels, anticompetitive business practices, and rules that prevent fair competition.
  • Competition authorities have made progress in increasing market competitiveness, but important additional steps must be taken: 1) setting fines and penalties that are higher than the expected profits to deter anticompetitive behaviour; 2) use more effective tools for detecting cartels and investigating them; and 3) adopt leniency programmes that allow cartel members to confess and cooperate with investigations in exchange for immunity or reduced penalties.
  • In addition to fighting the ‘spoilers’, policymakers should take measures to actively promote competition. Priority should be given to sectors that are especially important to the growth of African economies (such as cement, fertilizers, and telecommunications) that directly affect the competitiveness of African producers, but lack a level playing field.
Connected themes
Share this post

Related items

Getting up to speed with inclusive development

Every month we share with our readers a curated reading list on inclusive development. Here you can find the list for January 2022

Building forward more inclusively: mission possible?

Key messages and recommendations from the

Getting up to speed with inclusive development

One of INCLUDE’s core beliefs is that so much knowledge already exists, it just needs guiding to the right places and the right people in order to reach its full impact for policy and, ultimately, for development.

Two INCLUDE-related projects awarded additional grants to continue work on inclusive development

NWO-WOTRO Science for Global Development has awarded 22 projects within the WOTRO Impact and Innovation Grants (I&IG) that build on previously funded NWO-WOTRO projects. Two of these projects are led by researchers from former INCLUDE programmes.

Africa Day: Beyond the Celebration

On 25th May each year, Africa Day is commemorated diversely in the continent and the diaspora. I would like to share some thoughts about what I believe must be an important day of reflection and re-commitment in our continent.