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Africa poses challenges for fintech, and enormous opportunities
Despite Africa’s rich natural resources and calming geopolitical outlook, many of the continent’s more than 50 countries are hampered by a lack of financial infrastructure and unity.
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FX Weekly – Policy volatility driven by inflation ambiguity
Another hot US inflation report has seen market pricing back in line with the FOMC’s own rate projections — looking for three US rate cuts in 2024. However, the pullback in expectations has been orderly, keeping global sharemarkets buoyant.
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FX Weekly – Zooming in on Q2 rate cuts
Global investors have become comfortable pricing in the turn of the global monetary policy cycle to a more accommodative stance. October last year saw interest rate cuts outstrip hikes for the first time since the end of 2020 in what has retrospectively become the starting point of a new regime.
“The integration with Convera will strengthen our network that supports our European clients in managing cross-border and multi-currency payments online.”
Gustav Korobov, Head of Sales, Advapay
Simple. Secure. Smart. See Convera’s global reach.
$170B+
USD equivalent turnover in 2023
25K+
Customers
140+
200+
Countries and territories served
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