Ghana’s Central bank on Tuesday announced an annual loss of GH¢34.95 billion (about $3.11 billion) for the year ending 31 December 2025, comprising an operating […]
China is rapidly expanding the use of its currency, the yuan, across Africa, positioning the continent as a strategic testing ground for its broader de-dollarization […]
Ghana’s National Security officials have seized a large cache of hidden currency, including U.S. dollars and Ghana cedis, from twelve 20-foot shipping containers in Sapeiman, […]
Gross credit to Angola’s non-financial sector surged by 25% in August 2023 compared to the same period in 2022, reaching 7.3 trillion kwanzas (€6.9 billion), […]
The Zimbabwean government launched a new currency called the ZiG, backed by gold, in an attempt to replace the struggling Zimbabwe dollar. They launched a […]
Informal traders in Zimbabwe, comprising approximately 75% of the nation’s workforce, have ceased accepting the ZIMdollar, also known as the RTGS dollar, due to concerns […]
On Friday, Zimbabwe introduced a new currency, ZiG, to stabilize its economy and replace the previously depreciating currency, which faced rejection by its citizens. This […]
Egypt’s presidential election will be held from December 10 to 12, rather than in the spring of 2024 as the Constitution allows, a deadline shortened […]
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 […]
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% […]
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