Mozambique’s dollar bond rose nearly 2 cents following the U.S. approval of a $5 billion
Kenya, Nigeria, and Zambia are forecasted to see currency pressures next week; Ghana’s cedi remains
Kenya, Nigeria, and Zambia face currency pressures, while Ghana remains stable. Uganda’s shilling may appreciate
The cedi has increased from GH¢15.90 to GH¢16.10 against the US dollar. The Central Bank
The Ugandan shilling strengthened marginally due to lower foreign currency demand from firms preparing for
The Bank of Ghana is requesting GHC 53 billion in bailout funds to address its
Mozambican banks’ mandatory reserves reached a record €4.441 billion in December 2023, increasing by 15%
The RBZ is optimistic about the gold-backed ZiG currency as a viable alternative to the
The Reserve Bank of Zimbabwe is optimistic about the stability of the gold-backed ZiG currency,
Zimbabwe is facing a cash shortage following the US halt of foreign aid, which has