{"id":463568,"date":"2026-09-03T10:44:35","date_gmt":"2026-09-03T09:44:35","guid":{"rendered":"https:\/\/www.afis.africa\/sb_session\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\/"},"modified":"2026-09-22T16:00:49","modified_gmt":"2026-09-22T15:00:49","slug":"cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses","status":"publish","type":"sb_session","link":"https:\/\/www.afis.africa\/en\/sb_session\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\/","title":{"rendered":"CFO Exchange | Tackling the 40+ African currency challenge facing businesses"},"content":{"rendered":"<p><strong><em>Access via sign-up on the event app or by invitation only. English-French-Portuguese translation available.<\/em><\/strong><\/p>\n<p>African currencies have depreciated 65% against the dollar since 2007. For CFOs, this means higher procurement costs, tighter working capital and earnings volatility. Hedging instruments remain scarce and short-dated, rarely extending beyond 12 months, and are priced for deeper liquidity than most African markets can support. Cost is the primary barrier: 61% of African \ufb01nancial institutions \ufb01nd hedging products too expensive for the margins they protect. Where derivatives are unavailable, corporates rely on natural hedging, inter-company \ufb01nancing, faster settlement and local-currency invoicing. In 2013, Brazil&#8217;s central bank used FX swaps to create a liquid derivative market where none had existed. Could African markets develop practical hedging solutions without adding \ufb01scal or monetary risk?<\/p>\n<p><strong>Key points<\/strong><\/p>\n<ul>\n<li>When derivatives are unavailable or una\ufb00ordable, what corporate FX management strategies actually work, and which exposures remain unhedgeable?<\/li>\n<li>Should central banks provide hedging instruments directly, or focus on building the liquidity conditions that let markets price risk?<\/li>\n<li>Hard currency allocation is a regulatory decision: what does productive engagement between CFOs and central banks look like?<\/li>\n<\/ul>\n","protected":false},"featured_media":0,"template":"","evenement-salon":[250],"class_list":["post-463568","sb_session","type-sb_session","status-publish","hentry","evenement-salon-250"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CFO Exchange | Tackling the 40+ African currency challenge facing businesses - The African Financial Summit Platform<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.afis.africa\/en\/sb_session\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CFO Exchange | Tackling the 40+ African currency challenge facing businesses - The African Financial Summit Platform\" \/>\n<meta property=\"og:description\" content=\"Access via sign-up on the event app or by invitation only. English-French-Portuguese translation available. African currencies have depreciated 65% against the dollar since 2007. For CFOs, this means higher procurement costs, tighter working capital and earnings volatility. Hedging instruments remain scarce and short-dated, rarely extending beyond 12 months, and are priced for deeper liquidity than [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.afis.africa\/en\/sb_session\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\/\" \/>\n<meta property=\"og:site_name\" content=\"The African Financial Summit Platform\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-22T15:00:49+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.afis.africa\\\/en\\\/sb_session\\\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\\\/\",\"url\":\"https:\\\/\\\/www.afis.africa\\\/en\\\/sb_session\\\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\\\/\",\"name\":\"CFO Exchange | Tackling the 40+ African currency challenge facing businesses - The African Financial Summit Platform\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#website\"},\"datePublished\":\"2026-09-03T09:44:35+00:00\",\"dateModified\":\"2026-09-22T15:00:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.afis.africa\\\/en\\\/sb_session\\\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.afis.africa\\\/en\\\/sb_session\\\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.afis.africa\\\/en\\\/sb_session\\\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.afis.africa\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CFO Exchange | Tackling the 40+ African currency challenge facing businesses\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#website\",\"url\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/\",\"name\":\"The African Financial Summit Platform\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#organization\",\"name\":\"The African Financial Summit Platform\",\"url\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.afis.africa\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/cropped-AFIS-1-1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.afis.africa\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/cropped-AFIS-1-1.jpg\",\"width\":529,\"height\":191,\"caption\":\"The African Financial Summit Platform\"},\"image\":{\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CFO Exchange | Tackling the 40+ African currency challenge facing businesses - The African Financial Summit Platform","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.afis.africa\/en\/sb_session\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\/","og_locale":"en_US","og_type":"article","og_title":"CFO Exchange | Tackling the 40+ African currency challenge facing businesses - The African Financial Summit Platform","og_description":"Access via sign-up on the event app or by invitation only. English-French-Portuguese translation available. African currencies have depreciated 65% against the dollar since 2007. For CFOs, this means higher procurement costs, tighter working capital and earnings volatility. Hedging instruments remain scarce and short-dated, rarely extending beyond 12 months, and are priced for deeper liquidity than [&hellip;]","og_url":"https:\/\/www.afis.africa\/en\/sb_session\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\/","og_site_name":"The African Financial Summit Platform","article_modified_time":"2026-09-22T15:00:49+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.afis.africa\/en\/sb_session\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\/","url":"https:\/\/www.afis.africa\/en\/sb_session\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\/","name":"CFO Exchange | Tackling the 40+ African currency challenge facing businesses - The African Financial Summit Platform","isPartOf":{"@id":"https:\/\/www.afis.africa\/fr\/#website"},"datePublished":"2026-09-03T09:44:35+00:00","dateModified":"2026-09-22T15:00:49+00:00","breadcrumb":{"@id":"https:\/\/www.afis.africa\/en\/sb_session\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.afis.africa\/en\/sb_session\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.afis.africa\/en\/sb_session\/cfo-exchange-tackling-the-40-african-currency-headache-facing-businesses\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.afis.africa\/en\/"},{"@type":"ListItem","position":2,"name":"CFO Exchange | Tackling the 40+ African currency challenge facing businesses"}]},{"@type":"WebSite","@id":"https:\/\/www.afis.africa\/fr\/#website","url":"https:\/\/www.afis.africa\/fr\/","name":"The African Financial Summit Platform","description":"","publisher":{"@id":"https:\/\/www.afis.africa\/fr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.afis.africa\/fr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.afis.africa\/fr\/#organization","name":"The African Financial Summit Platform","url":"https:\/\/www.afis.africa\/fr\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.afis.africa\/fr\/#\/schema\/logo\/image\/","url":"https:\/\/www.afis.africa\/wp-content\/uploads\/2022\/10\/cropped-AFIS-1-1.jpg","contentUrl":"https:\/\/www.afis.africa\/wp-content\/uploads\/2022\/10\/cropped-AFIS-1-1.jpg","width":529,"height":191,"caption":"The African Financial Summit Platform"},"image":{"@id":"https:\/\/www.afis.africa\/fr\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/www.afis.africa\/en\/wp-json\/wp\/v2\/sb_session\/463568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.afis.africa\/en\/wp-json\/wp\/v2\/sb_session"}],"about":[{"href":"https:\/\/www.afis.africa\/en\/wp-json\/wp\/v2\/types\/sb_session"}],"version-history":[{"count":3,"href":"https:\/\/www.afis.africa\/en\/wp-json\/wp\/v2\/sb_session\/463568\/revisions"}],"predecessor-version":[{"id":495720,"href":"https:\/\/www.afis.africa\/en\/wp-json\/wp\/v2\/sb_session\/463568\/revisions\/495720"}],"wp:attachment":[{"href":"https:\/\/www.afis.africa\/en\/wp-json\/wp\/v2\/media?parent=463568"}],"wp:term":[{"taxonomy":"evenement-salon","embeddable":true,"href":"https:\/\/www.afis.africa\/en\/wp-json\/wp\/v2\/evenement-salon?post=463568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}