February 27, 2023

New services regulatory information will support Africa’s economic diversification — DG

The World Bank and the WTO released new services regulatory surveys and quantifications of African services trade policies on the occasion of a conference held at the WTO on 27 February. Participants discussed how increased involvement in services trade can support economic development and export diversification of African economies. Delivering the keynote speech, Director-General Ngozi Okonjo-Iweala said: “In Africa, services trade offers promising opportunities, such as economic growth, poverty reduction, job creation and trade diversification. Still, most of those opportunities remain untapped.”

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