HomeseafoodDanish seafood dealer weighs foreign money danger in Africa

Danish seafood dealer weighs foreign money danger in Africa

By Street Food Spectacle

August 14, 2024

39

While frozen foods supplier Nowaco remains committed to west Africa, the company has put a brake on expansion due to currency-related risks.

"The risks in Africa have become higher with the lack of currency and increasing interest rates," said Nowaco Chief Operating Officer Peter Rasmussen. — “The dangers in Africa have turn out to be greater with the shortage of foreign money and rising rates of interest,” stated Nowaco Chief Working Officer Peter Rasmussen.Photograph: Nowaco

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