Africa and New Global Finance
The financial landscape in Africa is changing rapidly: growing cross-border capital flows, a tremendous growth in regional pan-African banks, and waves of high profile bond issues by African governments.
At the same time, post-crisis global financial regulation is introducing international standards that African regulators have to respond to.
To discuss Africa’s position in this global financial order, the Global Economic Governance programme hosted high-level African regulators, policy-makers, private sector representatives and academics on March 17.
Participants in the High Level Roundtable offered insights on the opportunities and challenges posed by growing cross-border banking in Africa, on prioritizing financial inclusion as a guiding aim of regulation, and on the interface between global standards and national regulatory priorities.
A conference report will be released in coming weeks.
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