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
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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
Rand on a high it hits its 60th anniversary
February 19, 2021 6:24 am
Rand on a high as it celebrates 60 years In an appropriate run-up to the currency’s 60th anniversary this Sunday, the Rand resumed its rally
New WTO leadership force for Africa trade optimism
February 12, 2021 5:19 am
Ngozi Okonjo-Iweala, Nigeria’s former finance minister and former Managing Director of the World Bank, looks set to become the next Director-General of the World Trade
Egypt’s stable pound offers lesson in loosening FX restrictions
February 5, 2021 5:59 am
Egypt’s stable pound offers lesson in loosening FX restrictions The Egyptian Pound has been one of the strongest-performing African, and indeed emerging market, currencies since the start of
CBN sanction threat easing Naira pressure
January 29, 2021 6:03 am
CBN sanction threat easing Naira pressure The Naira held steady against the dollar, trading at levels of 478 in the parallel market, as the Central
Biden presidency rekindles Africa optimism
January 22, 2021 6:09 am
Biden presidency rekindles Africa optimism Joe Biden’s inauguration brings renewed optimism for Africa, with key appointments and friendlier policies set to strengthen cooperation between the
Africa FX risk downside amidst 2021 recovery
January 8, 2021 6:13 am
FX risk skewed to downside amidst 2021 recovery With the new year’s trading now in full swing, we reiterate our 2021 outlook for moderate depreciation
Farmers Driving FX Resilience across Africa
November 27, 2020 6:07 am
How farmers are driving FX resilience IMF projections bunch African tourist hotspots like Mauritius, Seychelles, and Gambia with oil-dependent economies, notably, Nigeria and Angola, as
Biden rally reversal for Rand amid graft charges; Tanzania election leaves Shilling stronger
November 13, 2020 5:59 am
Biden rally reversal for Rand amid graft charges After soaring to an eight-month high of 15.54 Rand per dollar amid expectations that the Biden presidency