…of resilienceA recent Reuters survey of foreign exchange traders projected that several African currencies, including Nigeria’s naira, Ghana’s cedi and Uganda’s shilling, could face renewed pressure in the coming weeks.However, Kenya’s shilling is expected to remain relatively stable, supported by strong diaspora remit…
…It could also increase remittance inflows and create direct trading pairs between African currencies, which remain one of the continent's biggest trade and FX challenges. After speaking with governments, commodity exporters, miners, and energy companies across multiple markets, it became very clear to us that this infr…