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currency

Angola’s currency to fall to 1,000 kwanzas per dollar this year

July 18, 2023 Steven Addamah 0

The BMI consultancy believes that the Angolan currency will continue to depreciate, reaching the end of the year worth around 1,000 kwanzas per dollar, a […]

Kwanza loses 3.6% against the dollar last week and falls 38.8% since January

July 6, 2023 Geraldine Boechat 0

The Angolan currency lost 3.6% in value against the dollar last week, despite a slight recovery between Wednesday and Friday, and has already fallen 38.8% […]

IMF agrees $1 billion loan to cash-strapped Kenya

May 25, 2023 Steven Addamah 0

The International Monetary Fund (IMF) announced on Tuesday that it had reached an agreement for a $1 billion (927 billion euros) loan for Kenya, an […]

Ghana plans to pay for fuel purchases with gold bars

November 28, 2022 Steven Addamah 0

Ghana is considering paying for its fuel purchases in gold bars, according to an announcement by Ghana’s vice president, Mahamudu Bawumia. The government’s stated aim […]

Angola: The National Bank sells $500 million in debt securities

November 2, 2022 Geraldine Boechat 0

The National Bank of Angola announced Tuesday that it will make public debt securities from its foreign currency portfolio in the amount of US$500 million […]

Ethiopia blocks the import of “non-essential” products

October 17, 2022 Steven Addamah 0

The Ethiopian government has banned banks from providing foreign currency to importers of some 40 products, including vehicles and alcohol, preventing them from being imported […]

Nigeria launched the new version of its digital currency eNaira

October 26, 2021 Steven Addamah 0

Nigeria on Monday finally officially launched a new digital version of its currency, the eNaira, President Muhammadu Buhari announced. Abuja says the crypto-currency saves on […]

Sudan’s central bank to print 100-pound banknotes as inflation worsens

October 2, 2018 Steven Addamah 0

Sudan’s central bank will start printing 100-pound banknotes for the first time as it struggles to deal with a liquidity crisis and rampant inflation. The […]

Gambia to change currency with Jammeh’s head

January 17, 2018 Khalid Al Mouahidi 0

Gambia’s Central Bank will phase out local currency – the dalasi – which has the head of former President Yahya Jammeh as of February, Africa […]

Sudan bans importation of additional 19 goods to protect its currency

December 11, 2017 Geraldine Boechat 0

The Sudanese government has imposed temporary ban on selected foods in an effort to protect its currency and narrow its budget deficit, Reuters reports. The […]

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News

  • Seychelles’ Parliament turns down opposition’s demand to cancel courier services regulations

    September 22, 2023 0
  • Zimbabwe: Relentless post-election crackdown on opposition

    September 22, 2023 0
  • Cape Verde: Fuel price increase reverberates on price of imported products imported by 16.2% rise

    September 22, 2023 0
  • UNGA 78th Session: Akufo-Addo extolled by Ghanaians in US

    September 22, 2023 0
  • Gabon coup: son of ousted president in custody, charged with graft, high treason

    September 22, 2023 0

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Recent Posts
  • Seychelles’ Parliament turns down opposition’s demand to cancel courier services regulations
  • Zimbabwe: Relentless post-election crackdown on opposition
  • Cape Verde: Fuel price increase reverberates on price of imported products imported by 16.2% rise
  • UNGA 78th Session: Akufo-Addo extolled by Ghanaians in US
  • Gabon coup: son of ousted president in custody, charged with graft, high treason
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