Impact Of Knowledge Management In Public Sector Economy In Africa

Knowledge Management (KM) in Africa has been facing a lot of challenges related to the lack of appropriate strategy and capacity to manage it as a result of corruption and maladministration. Public sector Economies in many African countries have been challenged by lack of effective management of policies that could assist in the management of public affairs. It has therefore become critical to establish Knowledge Management strategies at all levels of government so that the knowledge acquired could be effectively managed and shared adequately to benefits African countries. Policies such as fiscal decentralisation should drive the African development agenda. Decentralisation is very important for local economy development as it strongly relies on KM to promote programs that support socio-economic development. Using a theoretical method of inquiry, this study tries to explore how decentralisation could contribute in the knowledge economy. This paper is important in that, it is raising very critical issues that are impeding Africa to use its human capacity effectively for Africa's development. This piece of paper is divided into five major sections. The first section provides an introduction and the background of the study, the second engages arguments around a well-designed theoretical framework while the third presents the advantages of fiscal decentralisation Policy in promoting socio-economic development in a well-designed KM strategy. The fourth section analyses lessons learned while the last provides the conclusions and recommendations.