【单选题】Which is the correct paragraph leader? .........................................After an initial surge, the pace of privatisation slowed markedly. Between 1990 and 2003, less than four per cent of glo...
A.
At the same time, the World Bank increased its support for private investment in utilities through its International Finance Corporation and its Multilateral Investment Guarantee Agency.
B.
One of the chief reasons: lack of interest from private investors.
C.
Hence, African countries have been caught in a terrible bind. Not only has donor financing of public investment declined but also private investment has followed suit.
D.
When countries in sub-Saharan Africa became independent, the state dominated the provision of utilities.
E.
Thus, many governments have had to re-align their expectations.
F.
The initial hopes for privatisation were so high that donor spending on infrastructure fell in the expectation that the private sector would take up the slack.