Trump’s $1 coin puts the US president alongside African monarchs King Mohammed VI and King Mswati III, whose portraits also appear on currency
Trump joins African monarchs as sitting leaders featured on national currency Read More »
Despite emerging from default last year, Zambia’s kwacha faces significant challenges, dropping to record lows due to drought pressures.
Kwacha weakens as drought impacts Zambia’s economy Read More »
The South African rand weakened due to increased global uncertainty caused by Russia’s updated nuclear doctrine.
Putin’s nuclear doctrine update weighs on South African rand Read More »
To mitigate the impact of currency fluctuations, Ghana has imposed restrictions on private pension fund managers investing in offshore assets.
Ghana halts offshore pension investments Read More »
Nigeria’s central bank chief vows to use all available tools to combat rising inflation, as the country grapples with the impact of recent economic reforms.
Nigeria central bank pledges economic stability, inflation control Read More »
The country has taken steps to stabilize its currency and attract foreign investment.
Egypt’s NFA continues upward trend after two-year slump Read More »
Nigeria and the United Arab Emirates have resolved a visa and currency dispute, allowing Nigerians to travel to the UAE again with flights resuming in October.
Visa issues resolved, travel between Nigeria, UAE restarts Read More »
Ghana is reviewing a draft agreement with bilateral creditors to restructure $5.4 billion in debt, paving the way for potential IMF bailout funds and aiming to strengthen its currency.
Ghana reviews debt restructuring deal with bilateral creditors Read More »
Zimbabwe’s launch of a gold-backed currency, ZiG, faced chaos with bank system issues, worthless old notes, and continued dominance of US dollars.
Zimbabwe’s currency stumbles: Banks down, old cash useless Read More »
Egypt’s central bank auction sees strong demand for treasury bills with yields exceeding 30% after interest rate increase and Egyptian pound devaluation.
Egypt sells T-bills at high yields, attracting foreign investors back Read More »
