The move has also deepened political divisions and fueled tensions between the General Burhan’s backed government and the Rapid Support Forces.
Burhan’s currency move exacerbates Sudan’s economy Read More »
Zambia’s kwacha reaches record lows as the ongoing drought severely impacts the country’s economy, currency, and key industries.
Zambia drought pressures kwacha, pushing it to new lows Read More »
Global market volatility, triggered by Russia’s updated nuclear policy, led to a weakening of the South African rand
South African rand falls amid global market volatility Read More »
Ghana has imposed restrictions on private pension fund managers investing offshore to protect the local currency, the cedi, amid concerns about its weakening value.
Ghana limits pension investments Read More »
Egypt’s net foreign assets decreased significantly in August, raising concerns about the country’s economic stability.
Egypt’s NFA slump continues in August Read More »
Olayemi Cardoso, the head of Nigeria’s central bank, has assured investors that the bank is taking steps to stabilize the currency and improve access to foreign exchange.
Central bank chief pledges to tackle Nigeria’s inflation Read More »
Egypt’s net foreign assets have stayed positive for two consecutive months, a significant improvement after being deeply negative for over two years.
Foreign assets rise again as Egypt’s economy stabilizes Read More »
After a two-year pause, travel between Nigeria and the UAE is back on track.
Nigeria, UAE resume travel after visa dispute Read More »
Ghana is closer to resolving its debt crisis as it reviews a draft agreement with creditors for restructuring $5.4 billion.
Ghana inches closer to IMF bailout with draft debt agreement Read More »
Banks faced technical difficulties, old banknotes lost value overnight, and many businesses continued using US dollars.
Zimbabwe’s gold-backed currency faces rocky debut Read More »
