Over the past year, some African nations have improved the performance of their currencies against the US dollar while others continue to face challenges. The challenges faced by African ...

Even if and when a continent- wide currency is launched, there is virtu- ally no chance that it will cover all African countries in its first incarnation. As in the EU, each country will have to jump ...

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The African Development Bank (AfDB) has proposed that African leaders adopt a gold-backed currency system to stabilize weakening local currencies against major international currencies. In ...

South Africa's rand and bonds weakened on Monday after U.S. President Donald Trump announced fresh tariff plans, adding to worries over a global trade war.

Currencies and their use provide a window into wider histories of trade, politics, and cultural interaction. In West Africa, they reflect the complex legacies of colonial rule and decolonisation. It ...

The African Development Bank’s proposal for a currency backed by critical minerals – such as cobalt, lithium, and rare earth elements – has sparked both excitement and scepticism. This initiative, ...