Only 39% of African businesses use African currencies to finance their cross- border deals, a big fall from the 69% re- corded in 2022 ...
Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...
US President Donald Trump has doubled down on his tariff threat on BRICS nations, including South Africa, should they forge ahead with creating a new shared currency. This threat, declared in his ...
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. GLOBAL MARKETS U.S. stock futures ...
South Africa's rand strengthened against a weaker dollar on Friday after U.S. President Donald Trump demanded lower interest ...
Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries.
Nigeria's economy is at a crossroads. With oil prices fluctuating, inflation rising, and the naira devaluing at an alarming rate, ...
Afridax looks to take on established players such as Luno, VALR, Ovex and AltCoinTrader in SA’s bourgeoning crypto-currency ...
South Africa's rand slipped on Monday, ahead of a week packed with domestic and international data releases, with eyes set on ...
Five more attempts, including last year’s introduction of the ZiG, have been made to ...