Eco takes a step closer to reality
May 7, 2021 6:34 am
Rising oil anchors Naira The Naira maintained a stable footing in the parallel market at 482.5 per dollar levels amid a slowdown in speculative purchases
African recovery lags due to vaccine deficit
April 30, 2021 6:29 am
Africa’s recovery lagging world amid vaccine deficit After the worst economic downturn on record, with an estimated 1.9% contraction in 2020, sub-Saharan Africa is set
Eco currency gets impetus from UEMOA appointment
April 23, 2021 6:22 am
Eco currency gets impetus from UEMOA appointment The West African Economic and Monetary Union (UEMOA) signalled strong backing to economic reforms needed for the Eco currency to
More Gains for Rand and Shilling at Multi-Month Highs
April 16, 2021 6:12 am
Rand near 14-month high has further to rally The rand strengthened this week to 14.4100, nearing a 14-month high, from 14.5937 at the end of
Redouble effort for post-COVID recovery in Africa
April 9, 2021 6:30 am
Redouble effort for post-COVID recovery in Africa Africa needs around $12bn to procure and distribute sufficient numbers of COVID-19 vaccines to achieve adequate protection against the
Africa on track for post-Covid recovery
April 1, 2021 12:32 pm
Africa on track for post-Covid recovery After the region’s first recession in over 25 years, sub-Saharan Africa shows signs of steady recovery, according to the World
ECO shelved for another year
March 26, 2021 6:24 am
New ECO currency shelved for at least another year In a blow to trade prospects for Senegal and seven other countries in West Africa, the much-discussed
Tanzania in mourning as VP Hassan takes reins
March 19, 2021 6:27 am
East Africa leads post-COVID resilience After the worst recession in over half a century, Africa’s economy is poised for a rebound, underpinned by an expected resumption of
Naira officially devalued faces decline
March 5, 2021 5:56 am
After months hampered by Covid disruptions, election challenges and currency depreciation, Ghana appears to have turned a corner towards GDP growth, relative exchange rate stability
Naira at an all-time low faces likely further devaluation
February 26, 2021 6:30 am
Sudan’s huge devaluation should improve remittances and relations In its boldest economic move yet, the military junta that has governed Sudan on a transitional basis