Investment into Africa shows no signs of abating. Yet with 44 currencies serving the region - many of which are rarely traded on the global markets - currency illiquidity remains the biggest obstacle for both the region's treasurers and for investors looking to engage in Africa. This - combined with reduced access to cross-border payments infrastructure - is limiting Africa's intra-regional trade, which is underweight despite its great potential to drive economic development on the continent. David Bee, Head of Global Markets at Crown Agents Bank, considers the options available to overcome these final barriers to growth.
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