Aza Finance

Aza provides wholesale cryptocurrency liquidity for individuals and institutions across Africa. In addition to fast settlement and number of currency options, Aza also boasts state-of-the-art security and the deepest liquidity of any African exchange. Having traded over half a billion dollars, Aza was the first blockchain company to be licensed by the UK's Financial Conduct Authority and follows stringent KYC practices. 

Aza engaged Sawubona to;

  • Engage SMEs in four African countries; Nigeria, Ghana, Ivory Coast and South Africa, to estimate market value for its business model
  • This market value estimation was expected to provide a ‘Theory of Change’ basis for Aza to engage African Central Bankers to consider the Aza model as an alternative to the current FX sourcing model through building external US Dollar reserves

Sawubona engaged 100 SMEs each in these countries and was able to generate the following market insights;

  • Percentage and value of cost exposure that is foreign currency-based
  • Percentage and value of foreign exchange payments that involve US Dollar exchange as an intermediary current of exchange?
  • Ease of access to US Dollars
  • Cost of access to US Dollars to meet payment obligations
  • Openness to using Aza model for meeting foreign exchange payment obligations
  • Operational and regulatory requirements to catalyse use of the Aza payment model 
  • Total demand for US Dollars by SMEs across Africa in the short to medium term
  • Gaps between Central Banks US Dollar reserves (supply) and SME Dollar demand

Want to speak to a Consultant?

You can book a free consultation session by reaching out to us on info@sawubonang.com.