ABSTRACT
The third round table shifted the focus of discussion from the agents of private enterprise themselves—chiefly, the small and medium-sized enterprises and the entrepreneur—to the general policy environment needed to encourage these agents. Several participants at this round table chose to speak on the problem of how African economies could and should develop, given prevailing conditions in the world economy. Trade and market expansion in Africa will naturally require the services of intra-African organizations like the organization for African unity, the African development bank, the economic commission of Africa, and perhaps institutions similar to those proposed by Horton. Marketing boards that should have been serving the best interests of farmers have instead been taken over and used by governments to appropriate funds for industrial development or simply to make politicians rich. A collective self-reliance that means greatly expanded intra-African trade is obviously a valid and important goal for African countries.
