Navigating Foreign Exchange Markets in sub-Saharan Africa

Report date: 
4 Oct 2022

​ Navigating Foreign Exchange Markets in sub-Saharan Africa

In this series of five videos, Damian Glendinning talks to Michele Maffei (LinkedIn bio here), Head of International Sales, Global Markets at Standard Advisory London Ltd about the different approaches that treasurers can take to minimise levels of trapped liquidity when operating in sub-Saharan Africa. Although the discussions are focused on FX, they contain important messages and take-aways for managing businesses in the region.

 

The slide deck (pdf you can download at the foot of this page) has details of the concepts and macro data referred to in these videos as well as links to each session.

Part I - Africa ​works, but it is different. How do you need to change to work there effectively?

Part II - To allow cash repatriation or to pay for imports, countries need exchange reserves and liquidity. Where do they get them from?

Part III - Do the benefits of an onshore treasury presence justify the risk and management time and effort?

Part IV - FX liquidity varies over time. How do you adapt and plan for this?

Part V - How risky are the different cash repatriation schemes people keep offering? How do you understand the risk involved?

Contributors: 

Damian Glendinning talks to Michele Maffei, Head of International Sales, Global Markets at Standard Advisory London Ltd

Countries: 
South Africa, Kenya, Uganda, Ethiopia, XAF Currency Zone, XOF Currency Zone, Nigeria, Ghana, Angola, Tanzania, Rwanda, Mozambique, Ivory Coast, Zambia, Burundi
Open the report: 
PDF icon CXC-Navigating-FX-SubSaharahAfrica-slides-Oct2022.pdf

Please email Rupert at rupert@complexcountries.com if you have any comments to add, or discussion points you would like to raise on this topic.