Budin, Karim-JacquesMitchell, Brigitta2012-08-132012-08-131999-08https://hdl.handle.net/10986/9859Since the 1980s, most Sub-Saharan African railways have been experiencing a severe crisis: declining traffic and revenue, lack of market orientation and poor service, continued operation of high-loss passenger services, poor maintenance, gross overstaffing, lack of technical and financial discipline, and heavy financial losses. Attempts to 'restructure' railways as public entities have generally failed. Involvement of the private sector in railway operations under a concession arrangement now seems to be a promising tool for transforming railways into business-oriented enterprises. The concession technique, successfully applied in Latin America, was used for the first time in Sub-Saharan Africa in Cote d'Ivoire and Burkina, who jointly concessioned the Abidjan-Ouagadougou railway to a private operator in December 1994.CC BY 3.0 IGOACCESS FEEARBITRATIONBIDSCOACHESCOMPETITION FROM ROADCOMPETITION FROM ROAD TRANSPORTCORRIDORCREDITSDEBTDEBT FINANCINGDEBT SERVICEDISPUTE RESOLUTIONDOMESTIC TRANSPORTENVIRONMENTAL PROTECTIONESTATEFINANCIAL COMPENSATIONFINANCIAL DIFFICULTIESFINANCIAL DISCIPLINEFINANCIAL EVALUATIONFINANCIAL PERFORMANCEFINANCIAL RESOURCESFINANCIAL SITUATIONFIRST FULL YEAR OF OPERATIONFLEETSFORWARDERSFREIGHTFREIGHT CUSTOMERSFREIGHT TRAFFICINFRASTRUCTURE INVESTMENTINFRASTRUCTURE INVESTMENT PROGRAMSINFRASTRUCTURE MANAGEMENTINTERNATIONAL SHIPPINGINVESTINGINVESTMENT CONTRACTSINVESTMENT FINANCINGINVESTMENT PROGRAMJOINT-STOCK COMPANYLABOR LAWLEASESLOCAL GOVERNMENTSLOCOMOTIVESLONG DISTANCELONG DISTANCE TRAFFICLONG-DISTANCELOSS-MAKINGMAINTENANCE OF INFRASTRUCTUREMOTIVE POWERNEGOTIATIONPASSENGER SERVICEPASSENGER SERVICESPASSENGER TRAFFICPASSENGERSPENSIONPENSION SYSTEMPETROLEUM PRODUCTSPRIVATE INVESTORSPSOPUBLIC CORPORATIONSPUBLIC SERVICE OBLIGATIONRAILRAIL EQUIPMENTRAIL INFRASTRUCTURERAIL SAFETYRAIL SERVICESRAIL TRANSPORTRAILWAYRAILWAY ACTIVITYRAILWAY COMPANIESRAILWAY CONCESSIONRAILWAY ENGINEERINGRAILWAY EQUIPMENTRAILWAY INFRASTRUCTURERAILWAY LANDLORD CORPORATIONSRAILWAY OPERATIONSRAILWAY WORKERSRAILWAYSREGULATORY FRAMEWORKREHABILITATION PROGRAMRENTAL FEERESERVESROADROAD NETWORKROAD TRANSPORTROAD USERROAD USER CHARGESROLLING STOCKSEVERANCE PAYMENTSSHAREHOLDERSHAREHOLDERSSTOCK EXCHANGESTRATEGIC INVESTORTAXTAX REGIMETRACKTRAFFICWAGONSWorld Bank10.1596/9859