I would agree with all those points.
The other thing that I think is really important to keep in mind is that in Asia they started with the import substitution model of development, which so many countries adopted based on Raúl Prebisch's work, which was a tragic flaw.... But what the successful Asian tigers did was to quickly switch to an export incentive-driven model of development and remove a lot of the support in subsidies for their national champions.
Africa unfortunately didn't do that for a long time, and they also got trapped in the Fabian socialism that they imported, that Kwame Nkrumah and others imported into Africa. It was a whole generation before they abandoned that model of development—