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Comprising
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Africa’s growth prospects and favourable demographics are strong incentives for investment, but the best FX advice is essential.
Still an appetite for African debt
The good times are not entirely over for issuers.
Corporates, both foreign and local, are seeking increasingly sophisticated FX services and advice across the full range of African markets.
As Africa becomes more integrated into the global economy, international developments have a more direct impact on its own growth prospects.
The range and diversity of African markets means that investors must tailor their expectations on FX services to the local realities. Good advice is the key.
Fixed or floating? Managed or not? The argument continues to rage within Sub-Saharan African central banks about how best to run and oversee a currency.
Despite some successes with regional monetary unions, the prospect of a pan-African currency remains as distant as ever, with the euro offering a cautionary tale.
Published in conjunction with Access Bank