Access to foreign exchange continues to hamper African opportunities

Credit: iStock/vitpho

Businesses in some of Sub Saharan Africa’s largest economies have been forced to close or reduce production as they struggle to access the hard currency or working capital needed to keep their import-dependent operations afloat. According to a new report from the Economist Intelligence Unit and commissioned by the CDC Group, the decline of commodities prices in 2014-2016 restricted foreign…

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