As countries continue to pivot from France, Paris too has begun implementing a new Africa strategy launched in late 2024: There are plans to permanently reduce troop presence in countries that have ...

Only 39% of African businesses use African currencies to finance their cross- border deals, a big fall from the 69% re- corded in 2022 ...

African Guarantee Fund Launches $5 billion Mission 300 Local Currency Guarantee Facility to Accelerate Energy Access across ...

Q: What is the West African CFA Franc worth against the Pound? A: One West African CFA Franc is worth 0.0013 Pounds today Q: Is the West African CFA Franc going up or down against the Pound?

President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the ...

Sunday 26 January 2025 1 XOF = 0.0015960 USD 0.0015997 0.0015989 XOF USD rate for 26/01/2025 Saturday 25 January 2025 1 XOF = 0.0016016 USD 0.0016012 0.0015961 XOF USD rate for 25/01/2025 Friday ...

The recent revelations of printed and stolen monies hidden under beds, polytanks, and secured private buildings have ...

The FRC's analysis of these indicators for Nigeria was that, "Data shows that Nigerians continue to transact in local currency and invest in Naira ... AllAfrica is a voice of, by and about Africa - ...

Ghana plans to launch a Gold Board to streamline gold purchases from small-scale miners, increase earnings and reduce ...

In December 2019, following growing opposition to the monetary arrangements that underpinned the CFA franc in West Africa, and fears that the proposed ECOWAS eco currency would end the CFA franc ...

France has been an active player, over the decades, blocking the emergence of the ECO – the common West Africa currency. This is the moment to all come together and make real the new proposed ...