This book offers a comprehensive study of the history of African business. By analyzing the
specificities of African business culture as well as the dynamically changing African policy
context the author sheds new light on the development of African enterprises markets and
institutions. The book covers a wide range of historical studies starting with the earliest
exchange networks the new market opportunities resulting from European penetration the
dualism of state-owned companies and private enterprises during the twentieth century the role
of foreign direct investments and multinational companies during the 1990s and the
globalization of African business.