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This edited volume contains eight studies of financial sector
challenges in Africa that served as background studies for
Financing Africa: Through the Crisis and Beyond. One of the major
challenges for African financial systems is to expand financial
services to a larger share of the population. The chapters in this
area cover microfinance in Africa, the role of technology, reforms
of payment infrastructure, and financing agriculture. Two chapters
cover challenges in increasing long-term finance; one covers
housing finance and the other the role of sovereign wealth fund.
The book also contains a detailed discussion of bank regulation and
supervision, especially in light of the current regulatory reforms
in Europe and North America. The final chapter provides a political
economy perspective, discussing the conditions for activist
government policies in the financial sector.
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