British manufacturing investment in sub-Saharan Africa: Corporate responses during structural adjustment

A recently completed survey of British manufacturing investment in 14 anglophone African countries indicates that there has been major disinvestment during the last five years. This process of corporate disengagement is occuring despite concerted attempts by African governments to improve the overall investment climate for both national and foreign investors. The article analyses the pattern of disinvestment by country and industrial sector and considers some of the key causal factors.