The Currency Exchange Fund (TCX) has contributed to the mobilization of nearly $ 200 million of offshore bonds issued in emerging currencies, particularly in Africa since the beginning of the year. The peculiarity of this fund based in the Netherlands, is to hedge the currency risk in currencies where banks do not intervene. “Apart from…...
Trending
- Yango Group Inaugurates a New Regional Office in Abidjan to Support its Growth in Africa
- ST Digital to inaugurate its datacenter in Ivory Coast: focus on African digital sovereignty
- BAD: Before packing up, Adesina promotes in a flurry
- Mohammed VI, Throne Day: “Morocco joins the category of countries with high human development”
- Burkina Faso: Financing of 3,935,742,000 FCFA for the solar power plant in Dédougou
- Senegal: 10.2% increase in total resources mobilized by the State in the first quarter of 2025
- Guinea Bissau: Public Treasury raises 13.750 billion XOF on the UEMOA financial market
- Ecobank’s operating ratio falls below 50%: a first in ten years
Currency coverage: TCX increases appetite for African risk
By Adama WADE
By Othman Boukrami, Head of TCX Trading Department
Adama WADE
Publishing Director of Kapital Afrik. In the African economic press for 17 years, Adama Wade had to work in Morocco in several editors. Captain at the Long Course of the Merchant Navy and holder of a Masters in Organizational Communication, Adama Wade has published an essay, "The Myth of Tarzan", which describes the geopolitical complex of Africa.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com