
MEA Treasurers Podcast · 2026-02-04 · 58 min
In this episode of we dive in for a deep, practical conversation on how regional corporates manage trapped cash, FX controls, currency volatility, and liquidity risk across African markets. This episode goes beyond theory. As we share real tools, real decisions, and real trade-offs faced by treasury teams operating in countries with limited FX availability, capital controls, and evolving regulations. If you’ve ever wondered how treasurers actually operate when money can’t move freely - this episode is your answer. 00:00 Intro 01:05 Guest Intro 03:29 Best Way To Start Business in Africa 05:50 The Difference Between a Branch and a Subsidiary 07:00 Why Treasurers Prefer a Branch vs. a Subsidiary 08:47 Expatriating Onshore Cash from Africa 13:25 Structuring The Commercial Contracts 18:30 Operating in Africa as a Subsidairy / Legal Entity 24:34 Angola Case Scenario 29:09 Margin Adjusment Model 32:28 Banks' Relationship Management in Angola 34:32 Nigeria Case Scenario 35:55 The Importance of Involving Treasurers From Initiation 39:00 The Country Playbook 41:46 Nigeria Case Scenario Continued 47:00 Managing Cash Pooling Structures Effeciently 49:44 Using Interco.