Financial Services

  • Sectoral contribution to the total percentage of Africa’s service exports 2018 – 17.3%
  • Africa’s share of global financial services exports is 0.6%
  • In 2017, 77% of global trade in financial services took place through Mode 3 (commercial presence in other countries)
  • Global exports of financial services generated $511.9 billion while insurance and pension services generated $128.3 billion in 2019