Corporate Governance and Transparency of State-Owned and State-Linked Digital Enterprises in Africa
This technical background paper sheds light on the corporate governance challenges faced by enterprises with national state shareholdings, specifically State-owned and State-linked Enterprises (SOE-SLEs), operating within Africa's digital sector. State participation in digital infrastructure and services remains widespread in Africa with more than 160 State-owned and state-linked enterprises (SOE-SLEs). Analysis of 44 digital companies with state participation from 18 countries reveals a need to improve corporate governance frameworks and practices to better fit best international practices in line with their national requirements. Moreover, a significant portion of the reviewed companies, out of the 162 identified, lacks transparency in disclosing non-financial information about their management, policies, and corporate governance structures. Alarmingly, less than a fifth of these companies publish their annual reports or financial statements on their websites, underscoring the imperative for improved transparency and accountability measures within Africa's state-owned and state-linked digital enterprises.
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Format: | Report biblioteca |
Language: | English en_US |
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Washington, DC: World Bank
2024-05-28
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Subjects: | GOVERNANCE IN PUBLIC SECTOR, DIGITIZATION, DIGITAL ECONOMY, STATE-OWNED DIGITAL ENTERPRISES, STATE-LINKED DIGITAL ENTERPRISES, DIGITAL INFRASTRUCTURE, CORPORATE GOVERNANCE, INDUSTRY, INNOVATION AND INFRASTRUCTURE, SDG 9, PEACE, JUSTICE AND STRONG INSTITUTIONS, SDG 16, TRANSPARENCY, |
Online Access: | http://documents.worldbank.org/curated/en/099051924170541948/P1724171ea013a0ca1836c17a151fbe7cfc https://hdl.handle.net/10986/41609 |
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dig-okr-10986416092024-05-31T02:25:31Z Corporate Governance and Transparency of State-Owned and State-Linked Digital Enterprises in Africa World Bank GOVERNANCE IN PUBLIC SECTOR DIGITIZATION DIGITAL ECONOMY STATE-OWNED DIGITAL ENTERPRISES STATE-LINKED DIGITAL ENTERPRISES DIGITAL INFRASTRUCTURE CORPORATE GOVERNANCE INDUSTRY, INNOVATION AND INFRASTRUCTURE SDG 9 PEACE, JUSTICE AND STRONG INSTITUTIONS SDG 16 TRANSPARENCY This technical background paper sheds light on the corporate governance challenges faced by enterprises with national state shareholdings, specifically State-owned and State-linked Enterprises (SOE-SLEs), operating within Africa's digital sector. State participation in digital infrastructure and services remains widespread in Africa with more than 160 State-owned and state-linked enterprises (SOE-SLEs). Analysis of 44 digital companies with state participation from 18 countries reveals a need to improve corporate governance frameworks and practices to better fit best international practices in line with their national requirements. Moreover, a significant portion of the reviewed companies, out of the 162 identified, lacks transparency in disclosing non-financial information about their management, policies, and corporate governance structures. Alarmingly, less than a fifth of these companies publish their annual reports or financial statements on their websites, underscoring the imperative for improved transparency and accountability measures within Africa's state-owned and state-linked digital enterprises. 2024-05-28T21:36:20Z 2024-05-28T21:36:20Z 2024-05-28 Report http://documents.worldbank.org/curated/en/099051924170541948/P1724171ea013a0ca1836c17a151fbe7cfc https://hdl.handle.net/10986/41609 English en_US Governance and the Digital Economy in Africa Technical Background Paper Series CC BY-NC 3.0 IGO https://creativecommons.org/licenses/by-nc/3.0/igo World Bank application/pdf text/plain Washington, DC: World Bank |
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biblioteca |
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America del Norte |
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Biblioteca del Banco Mundial |
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English en_US |
topic |
GOVERNANCE IN PUBLIC SECTOR DIGITIZATION DIGITAL ECONOMY STATE-OWNED DIGITAL ENTERPRISES STATE-LINKED DIGITAL ENTERPRISES DIGITAL INFRASTRUCTURE CORPORATE GOVERNANCE INDUSTRY, INNOVATION AND INFRASTRUCTURE SDG 9 PEACE, JUSTICE AND STRONG INSTITUTIONS SDG 16 TRANSPARENCY GOVERNANCE IN PUBLIC SECTOR DIGITIZATION DIGITAL ECONOMY STATE-OWNED DIGITAL ENTERPRISES STATE-LINKED DIGITAL ENTERPRISES DIGITAL INFRASTRUCTURE CORPORATE GOVERNANCE INDUSTRY, INNOVATION AND INFRASTRUCTURE SDG 9 PEACE, JUSTICE AND STRONG INSTITUTIONS SDG 16 TRANSPARENCY |
spellingShingle |
GOVERNANCE IN PUBLIC SECTOR DIGITIZATION DIGITAL ECONOMY STATE-OWNED DIGITAL ENTERPRISES STATE-LINKED DIGITAL ENTERPRISES DIGITAL INFRASTRUCTURE CORPORATE GOVERNANCE INDUSTRY, INNOVATION AND INFRASTRUCTURE SDG 9 PEACE, JUSTICE AND STRONG INSTITUTIONS SDG 16 TRANSPARENCY GOVERNANCE IN PUBLIC SECTOR DIGITIZATION DIGITAL ECONOMY STATE-OWNED DIGITAL ENTERPRISES STATE-LINKED DIGITAL ENTERPRISES DIGITAL INFRASTRUCTURE CORPORATE GOVERNANCE INDUSTRY, INNOVATION AND INFRASTRUCTURE SDG 9 PEACE, JUSTICE AND STRONG INSTITUTIONS SDG 16 TRANSPARENCY World Bank Corporate Governance and Transparency of State-Owned and State-Linked Digital Enterprises in Africa |
description |
This technical background paper sheds
light on the corporate governance challenges faced by
enterprises with national state shareholdings, specifically
State-owned and State-linked Enterprises (SOE-SLEs),
operating within Africa's digital sector. State
participation in digital infrastructure and services remains
widespread in Africa with more than 160 State-owned and
state-linked enterprises (SOE-SLEs). Analysis of 44 digital
companies with state participation from 18 countries reveals
a need to improve corporate governance frameworks and
practices to better fit best international practices in line
with their national requirements. Moreover, a significant
portion of the reviewed companies, out of the 162
identified, lacks transparency in disclosing non-financial
information about their management, policies, and corporate
governance structures. Alarmingly, less than a fifth of
these companies publish their annual reports or financial
statements on their websites, underscoring the imperative
for improved transparency and accountability measures within
Africa's state-owned and state-linked digital enterprises. |
format |
Report |
topic_facet |
GOVERNANCE IN PUBLIC SECTOR DIGITIZATION DIGITAL ECONOMY STATE-OWNED DIGITAL ENTERPRISES STATE-LINKED DIGITAL ENTERPRISES DIGITAL INFRASTRUCTURE CORPORATE GOVERNANCE INDUSTRY, INNOVATION AND INFRASTRUCTURE SDG 9 PEACE, JUSTICE AND STRONG INSTITUTIONS SDG 16 TRANSPARENCY |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Corporate Governance and Transparency of State-Owned and State-Linked Digital Enterprises in Africa |
title_short |
Corporate Governance and Transparency of State-Owned and State-Linked Digital Enterprises in Africa |
title_full |
Corporate Governance and Transparency of State-Owned and State-Linked Digital Enterprises in Africa |
title_fullStr |
Corporate Governance and Transparency of State-Owned and State-Linked Digital Enterprises in Africa |
title_full_unstemmed |
Corporate Governance and Transparency of State-Owned and State-Linked Digital Enterprises in Africa |
title_sort |
corporate governance and transparency of state-owned and state-linked digital enterprises in africa |
publisher |
Washington, DC: World Bank |
publishDate |
2024-05-28 |
url |
http://documents.worldbank.org/curated/en/099051924170541948/P1724171ea013a0ca1836c17a151fbe7cfc https://hdl.handle.net/10986/41609 |
work_keys_str_mv |
AT worldbank corporategovernanceandtransparencyofstateownedandstatelinkeddigitalenterprisesinafrica |
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1802820666816200704 |