INTRODUCTION
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Third, although African countries have made efforts to address services trade at the national, regional and global levels, a policy disconnect prevails between these three levels, hampering Africa’s opportunities to tap into the benefits of greater services trade. Lastly, the report makes specific and actionable policy recommendations on how to better harness the potential of Africa’s services trade and the related development, employment and growth benefits.
C. ORGANIZATION OF THE REPORT The report is organized in five chapters. Chapter 1 provides empirical evidence on economic trends in the services sector and the sector’s actual contribution to African economies. Chapter 2 examines the economic development potential of the regulation of infrastructure, whether public or privately owned, to boost growth and regional integration in Africa. Chapter 3 evaluates the existing policies that pertain to the services sector at the national, regional and global levels, in an effort to define how well such policies target the sector and the sector’s contribution to development goals of African Governments, such as the CFTA. Chapter 4 focuses solely on the banking and financial services sector in Africa and examines crossborder expansion, financial inclusion, product innovation and regulation. On the basis of the previous analysis, chapter 5 provides an outline of the main policy findings on services trade. It also highlights the lessons learned from the experiences and best practices discussed in chapters 1 to 4.