For the best experience, please enable JavaScript in your browser settings. He stated: "With a single currency, intra-African trade would become more efficient ...

NAIROBI (Reuters) - A pan-African payments infrastructure provider designed to facilitate trade on the continent is piloting an African currency market platform to boost commerce across borders in the ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The launch was announced on the sidelines of the 2025 Afreximbank ...

Sir: For many African traveller’s, exploring the continent should be exciting, but the frustration of currency exchange turns it into a costly and inconvenient experience. Take a Lagos-based tourist ...

For decades it was a dream of West African finance ministers: ushering in a regional single currency to boost trade and growth. But some economists say plans to launch "the eco" remain unrealistic and ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- South Africa’s government said there are no plans to create a so-called BRICS currency, after US President-elect ...

Africa is a vast continent with a rich cultural heritage, abundant natural resources and a vibrant, youthful population. Despite these strengths, the economies of most African countries are still ...

Did you know that some African countries are still using their colonial currency? The West African CFA Franc created in 1945 is used by eight West African countries: Benin, Burkina Faso, Guinea-Bissau ...

On 1 March, telecoms giant MTN’s Nigerian subsidiary announced a fall of more than 80% in its annual profit. But the company’s performance is not to blame: it is the devaluation of the naira that ...