Bloomberg releases new report into FX Trading in Africa

Bloomberg has released a report that aims to fill a signif-icant information gap and unlock the FX and investment opportunities presented by the African continent.

First Published by e-Forex News: October, 2014

Bloomberg has released a report that aims to fill a signif-icant information gap and unlock the FX and investment opportunities presented by the African continent. In its first article, ‘Into Africa: Exploring an Investment Frontier’, industry experts discuss the opportunities that exist now for investors, whilst acknowledging the risks and challenges that still remain in the region. 

Foreign Exchange trading will undoubtedly experience signifi-cant growth and present a varie-ty of opportunities within the African continent. With abundant natural resources, geo-graphical proximity to Europe and a growing middle class, Africa’s opportunities could be seen as many and varied. Prospects in many places are exciting. Econ-omies are commodity based, achieve above global growth rates and have debt dynamics which present unique opportunities. 

Many institutions believe Africa, notably the sub-Saharan countries, offer better opportu-nities to generate investment returns as mar-kets become more liquid and transparent. Africa is a robust, thriving marketplace which has withstood the recession – and FX, options and spread betting are showing growth and great potential. 

The full report can be downloaded at bloomberglp.com/FXAfrica or readers can order a copy at bloombergfx@bloomberg.net