Abstract
This paper notes that while globalization is presenting opportunities for economic growth and development, it is also presenting constraints against the same. Subsequently, the authors argue, there is need to develop (through higher education) the knowledge, skills and attitudes required to harness the opportunities globalization is offering whilst avoiding the challenges that it is posing. However, in Africa, the reach and effectiveness of the public education system are limited in various ways. Therefore, the authors recommend increased involvement of the private sector in the higher education sector as a panacea for dealing with some of the gaps in public higher education. Keywords: Privatization, Globalization, Economic recovery
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