Your margins should survive the devaluation
Starks designs and executes FX hedging structures that protect African cross-border flows from currency volatility. Not off-the-shelf forwards, but hedges engineered to your actual exposure — timing, size, complexity and tolerance for movement.
Key Benefits
Lock your exposure
Fix the FX rate on future inflows or outflows — turning currency risk from a moving target into a known cost you can plan around.
Structured for complex flows
If your hedge doesn't fit a single forward contract — because timing is uncertain, amounts are variable, or multiple legs are involved — we structure it.
Tenor matched to reality
Cover periods align to your actual cycle — contract duration, shipment lead times, payment collection windows — not monthly roll-overs.
Mitigate tail risk
For clients facing extreme devaluation scenarios, we engineer downside protection that caps loss without eliminating all upside.
How It Works
1. Define exposure
We analyse your future cash flows in foreign currency: receivables in USD, payables in EUR, contracted revenues in GHS — with amounts, dates and degree of certainty.
2. Design the hedge
We structure the FX cover to your actual profile — fixed rate forwards, staggered maturities, collar structures, or contingent contracts — not a standardised product.
3. Execute
We execute the hedge structure once terms are agreed. Your exposure is now locked and documented through a confirmation outlining rates, dates, delivery and settlement mechanics.
4. Settle
On maturity, the hedge is settled according to the original structure — typically netting the contract rate vs. spot and delivering or receiving the difference as agreed.
Ready to get started?
Speak to our structured products team to discuss your specific requirements.
Product Specifications
| Exposure size | Hedges sized from $100k notional upwards |
| Tenor | 30 days to 24 months |
| Structure | Forwards (fixed), windows, flexible notional, participation forwards, collar structures, zero-cost hedges |
| Currency pairs | Major-to-African: USD, EUR, GBP vs NGN, GHS, KES, ETB, ZAR and others |
| Settlement | Physical delivery or net cash-settled in the agreed currency; determined at execution |
| Pricing | Priced from forward curve + margin; indicative terms on enquiry with exposure details |
| Client profile | Corporates, traders and financing partners with identifiable foreign currency exposure in African markets |
Eligibility
Established Corporates and Trading Entities with: identifiable future cash flows in foreign currency; a commercial reason for hedging the exposure; and legal capacity to enter into FX derivative contracts under the law of their jurisdiction. Hedges are credit-assessed and may require margin or collateral depending on the size and structure.
Frequently Asked Questions
Important: Structured hedging instruments are derivative contracts subject to regulatory constraints and suitability requirements in each jurisdiction. Availability and structure depend on the client's legal and credit profile. Legal disclaimers and risk disclosures apply.
Let's hedge it
Tell us what you're exposed to, when, and in what size — and we'll design the structure to cover it.
Or email [email protected]