Welcome to EuroFinance

Treasurers agree on the need to manage FX risk in devaluation-prone Africa. But hedging products offered by banks can be prohibitively expensive.

For multinationals with complex operations, improved cash visibility and reporting may best be achieved by developing a bespoke solution in-house when vendors’ products fall short of requirements – and can also prove less challenging than anticipated.

Africa is a dynamic and challenging market. Companies operating across the continent must decide whether to deal with multiple local banks or outsource the task to a partner.

Commercial card payment volumes at Mastercard, Visa and American Express have hit a five-year high of US$2 trillion.