Sudanese pound hits record low as dollar tops 6,200
Sudan’s currency weakens further as foreign banknote shortages and strong demand push the parallel market dollar to a record high.
Sudanese pound hits record low as dollar tops 6,200 Read More »
economy
Sudan’s Taishi Currency Board created for monetary policy
Future Bank begins providing basic transfer services as Sudan administration seeks regulatory recognition and financial system development.
Sudan’s Taishi Currency Board created for monetary policy Read More »
Fuel price skyrockets in Khartoum under SAF amid shortages
Petrol price hike in Khartoum fuels public frustration amid shortages, unstable imports and refinery shutdown impacts daily life conditions worsen.
Fuel price skyrockets in Khartoum under SAF amid shortages Read More »
Probe reveals Sudan gold discrepancy worth $18 billion lost
Report shows over one hundred tons of Sudanese gold missing from official records creating concerns over governance and transparency issues.
Probe reveals Sudan gold discrepancy worth $18 billion lost Read More »
Macron announces €23 B investments for Africa growth push
France commits 14 billion euro funding for Africa economic development and strategic cooperation projects.
Macron announces €23 B investments for Africa growth push Read More »
Sudan’s Burhan-led bank launches gold plan amid controversy
Junta administration in Sudan expands state gold buying to formalise mining market and cut smuggling flows.
Sudan’s Burhan-led bank launches gold plan amid controversy Read More »
War driven energy shocks worsen Sudan economic crisis: IMF
Rising oil prices and conflict uncertainty worsen Sudan crisis and increase pressure on households and government budgets.
War driven energy shocks worsen Sudan economic crisis: IMF Read More »
Libya factions sign deal to unify spending after decade split
US mediated Libya deal aims to stabilise finances through unified budget after years of institutional division and conflict reports indicate.
Libya factions sign deal to unify spending after decade split Read More »
DR Congo bans dollar cash transactions in new policy
Policy aims to curb money laundering and reduce reliance on US dollar, which dominates most everyday transactions across DR Congo.
DR Congo bans dollar cash transactions in new policy Read More »
Sudan banks ordered to pursue unpaid loans despite war risks
Sudan’s central bank ordered lenders to intensify recovery of non-performing loans to stabilise banks, despite criticism that aggressive collection could worsen the war-damaged economy.
Sudan banks ordered to pursue unpaid loans despite war risks Read More »