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. Loans to Manage Trapped Cash

52:38 Margin Adjustment Agreement in Nigeria

54:05 Final Thoughts & Advice to Treasurers

Guest Speaker Name: Mohamed Torayah

Title: Regional Treasurer METAP at GE Vernova

LinkedIn: https://www.linkedin.com/in/mohamed-torayah-ctp-b9aa6496/Company Link: https://www.gevernova.com/

Host Name: Mohamed Kortam

LinkedIn: https://www.linkedin.com/in/mokortam/

Watch the Episode on:

Youtube: https://www.youtube.com/@MEATreasurers/

Subscribe & Stay Updated If you enjoyed this episode, don't forget to like, subscribe, and hit the bell icon for updates on our latest discussions around the latest in Corporate Treasury for the MEA region.

Follow us on: LinkedIn: https://www.linkedin.com/company/meatreasurers

Instagram: https://www.instagram.com/meatreasurers/

A word from our partner:

Treasury is changing fast: new risks, new regulations, and new opportunities.

So how do you stay ahead?

The Association of Corporate Treasurers has been helping professionals globally for nearly 50 years.

From qualifications and training to networks, events, and exclusive content, the ACT is where you can grow your skills and connect with a global community of treasury professionals.

Become part of a network that gives you a stronger voice and the chance to shape the future of your profession.

Visit treasurers.org to find out more.

In one of the most practical and revealing episodes yet, Roshun Tulkens walks us through the RFP process from the inside.

From building the business case to selecting the right partner — we go deep into the strategy, structure, and psychology behind successful RFPs.

Whether you’re launching your first RFP or refining your approach, this conversation is for you!

00:00 Intro

00:58 Guest Intro

01:38 What's an RFP?

02:04 How to Decide You Need an RFP

04:14 Identifying RFP Criteria and Prerequisites

07:50 How Does The Team Look Like During an RFP?

13:40 Collecting Data From Banks

16:02 RFP Step by Step and Timeline

24:39 How To Evaluate an RFP Succesfulness

29:49 Balancing Service vs. Pricing

35:09 How Often We Should Revisit an RFP?

39:59 Final Thoughts and Advice before going for an RFP

Guest Speaker Name: Roshun Tulkens

Title: Deputy Treasurer at Agility

LinkedIn: https://www.linkedin.com/in/roshuntulkens/

Company Link: http://www.agility.com/

Host Name: Mohamed Kortam

LinkedIn: https://www.linkedin.com/in/mokortam/

Watch the Episode on:

Youtube: https://www.youtube.com/@MEATreasurers/

Subscribe & Stay Updated If you enjoyed this episode, don't forget to like, subscribe, and hit the bell icon for updates on our latest discussions around the latest in Corporate Treasury for the MEA region.

Follow us on: LinkedIn: https://www.linkedin.com/company/meatreasurers

Instagram: https://www.instagram.com/meatreasurers/

A word from our partner:

Treasury is changing fast: new risks, new regulations, and new opportunities.

So how do you stay ahead?

The Association of Corporate Treasurers has been helping professionals globally for nearly 50 years.

From qualifications and training to networks, events, and exclusive content, the ACT is where you can grow your skills and connect with a global community of treasury professionals.

Become part of a network that gives you a stronger voice and the chance to shape the future of your profession.

Visit treasurers.org to find out more.

In this episode we sit down with Nora Naadu, Regional Treasurer at Nestlé, to uncover the real value of professional certifications in Treasury.

From the ACT qualifications to the skills that truly set professionals apart, Nora shares her honest insights on how education, experience, and mindset intersect to build a world-class Treasury career.

00:00 Intro

01:07 Guest Intro

03:06 You Don't Find Treasury, Treasury Finds You!

06:06 The Importance of Human Connection On The Job

09:59 Work Life Balance; Flexibilty, Trust & Ownership

13:46 How To Choose a New Team Member?

18:30 The Importance of Qualifications

22:30 Nora's Certifications Journey

26:05 The Different Treasury Certificates Provided by The ACT

32:00 Choosing The Right Certificate

34:47 ACT Micro-credentials

36:59 The ACT Affiliate Membership

38:10 ACT Certificates Exemptions, Fast-Track & Continued Learning

Guest Speaker Name: Nora Naadu

Title: Regional Treasurer at Nestle

LinkedIn: https://www.linkedin.com/in/nora-naadu-sena-mba-fcca-amct-39a97971/

Company Link: http://www.nestle.com/

Host Name: Mohamed Kortam

LinkedIn: https://www.linkedin.com/in/mokortam/

Watch the Episode on:

Youtube: https://www.youtube.com/@MEATreasurers/

Subscribe & Stay Updated If you enjoyed this episode, don't forget to like, subscribe, and hit the bell icon for updates on our latest discussions around the latest in Corporate Treasury for the MEA region.

Follow us on: LinkedIn: https://www.linkedin.com/company/meatreasurers

Instagram: https://www.instagram.com/meatreasurers/

A word from our partner:

Treasury is changing fast: new risks, new regulations, and new opportunities.

So how do you stay ahead?

The Association of Corporate Treasurers has been helping professionals globally for nearly 50 years.

From qualifications and training to networks, events, and exclusive content, the ACT is where you can grow your skills and connect with a global community of treasury professionals.

Become part of a network that gives you a stronger voice and the chance to shape the future of your profession.

Visit treasurers.org to find out more.