Afritelecom is a state-owned enterprise in a sub-Saharan African country.Forty-nine percent of Afritelecom has recently been sold to a local business group.This is an example of

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Privatization is the process of transferring ownership of state-owned enterprises to private owners. In this case, 49% of Afritelecom has been sold to a local business group, indicating a partial privatization of the state-owned enterprise.

Afritelecom Is a State-Owned Enterprise in a Sub-Saharan African Country