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A couple of decades ago, companies were expanding into India in droves. More recently, China has been a hot spot for global expansion. Some say it’s now Africa’s turn. Regardless of which geography a company is considering, if it’s looking to move into a region that is unfamiliar, it is going to rely on its treasury and finance team to step up.

To get a handle on what a treasury team needs to learn, and to do, in order to support a business moving into a new emerging market, Treasury & Risk sat down with Mark Chiaviello. As head of corporate banking for Standard Bank in North America, Chiaviello has a clear view of African markets. Standard Bank was founded 150 years ago in Port Elizabeth, South Africa, and now operates in 19 African countries with headquarters in Johannesburg.

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