Kwanji’s Amit Khosla recently returned from a successful trip to Kenya. Meeting with clients old and new, the trip was a fantastic opportunity to strengthen local partnerships in the region.

The trip served a further important function. Amit was in Kenya in preparation of the opening of our new Nairobi office. Expected to open in the fourth quarter of the year, it will be our first official office outside of Europe. More details due to follow shortly. Stay tuned!

Despite the feel-good factor felt by the Kwanji team, we can’t ignore that it has been a particularly tough time for globally trading business of late. It’s been a summer marked by global market volatility.

The biggest and most far reaching story has been of China’s currency readjustment, which caught many off guard. By choosing devaluation in early April, China cleared near 2% off the value of the Yuan.

Global panic has spread as stock markets plunge. China’s economic downturn is of particular concern to African economies. Chinese demand for African commodities is after all what initially helped usher in unprecedented economic growth for much of the continent.

It’s certainly not all doom and gloom. Many African economies, such as Kenya, have diversified considerably. That said, now more than ever, it’s of utmost importance that African businesses continue to protect their bottom line from global currency fluctuations.

It’s why we at Kwanji are continuing our push to grow and expand within the African continent. We’re committed to aiding businesses overcome all hurdles to international trade.

As always, it’s by combining on the ground local insight with the best pricing possible on secure international payments.

We’re always ready and available to help.

Haven’t signed up yet and want to start making savings of up to 95% on your international payments? Please don’t hesitate, get in contact today.

It’s been an exciting month for the team at Kwanji.

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Amit Khosla

Kwanji’s Amit Khosla recently returned from a successful trip to Kenya. Meeting with clients old and new, the trip was a fantastic opportunity to strengthen local partnerships in the region.

The trip served a further important function. Amit was in Kenya in preparation of the opening of our new Nairobi office. Expected to open in the fourth quarter of the year, it will be our first official office outside of Europe. More details due to follow shortly. Stay tuned!

Despite the feel-good factor felt by the Kwanji team, we can’t ignore that it has been a particularly tough time for globally trading business of late. It’s been a summer marked by global market volatility.

The biggest and most far reaching story has been of China’s currency readjustment, which caught many off guard. By choosing devaluation in early April, China cleared near 2% off the value of the Yuan.

Global panic has spread as stock markets plunge. China’s economic downturn is of particular concern to African economies. Chinese demand for African commodities is after all what initially helped usher in unprecedented economic growth for much of the continent.

It’s certainly not all doom and gloom. Many African economies, such as Kenya, have diversified considerably. That said, now more than ever, it’s of utmost importance that African businesses continue to protect their bottom line from global currency fluctuations.

It’s why we at Kwanji are continuing our push to grow and expand within the African continent. We’re committed to aiding businesses overcome all hurdles to international trade.

As always, it’s by combining on the ground local insight with the best pricing possible on secure international payments.

We’re always ready and available to help.

Haven’t signed up yet and want to start making savings of up to 95% on your international payments? Please don’t hesitate, get in contact today.