| For
Immediate Release |
Contact: |
Monica Hill
202-482-3809
|
| Tuesday,
March 5, 2002 |
|
John Ward
202-482-5487
|
PUBLICATION
NOTICE
AFRICA
FINANCE REPORT
The Commerce
Department recently released a comprehensive report titled Africa:
Financial Sectors—A Guide to the Financial Infrastructure of
Sub-Saharan Africa. In recent years, many countries of Africa
have always been viewed as a difficult financial market because
of the region’s political and economic problems. But now, due
in part to liberalization, many African nations have reformed their
markets by entering into regional cooperation agreements that facilitate
trade and are taking steps toward currency convertibility. The financial
infrastructures of these countries — including banks, insurers,
stock markets, and other financial institutions — will provide
the underpinning for future stability and growth in the region.
This report
looks at the financial infrastructures of 28 sub-Saharan African
countries, providing concise details on the laws, institutions,
recent history, and political trends that are guiding change in
each of their economies. Four appendices provide basic information
on the financial commitments extended to sub-Saharan Africa by the
Export-Import Bank, the Multilateral Investment Guarantee Agency,
the Overseas Private Investment Corporation, and the International
Finance Corporation.
Copies of "Africa:
Financial Sectors" are available for purchase from
the Superintendent of Documents. To order, call (202) 512-1800,
or place a secure order on the Internet at http://bookstore.gpo.gov.
Ask for stock number 003-009-00724-1. The price is $10.50 per copy,
including postage ($13.13 for non-U.S. orders). The full text of
the report is also available for download from the Internet at www.ita.doc.gov/media/publications.html.
|
