Mozambique’s dollar bond rose nearly 2 cents after the U.S. cleared a $5 billion LNG
Kenya, Nigeria, and Zambia’s currencies are expected to weaken due to increased dollar demand. Ghana’s
Kenya’s shilling, Nigeria’s naira, and Zambia’s kwacha are anticipated to weaken due to rising dollar
The Ghanaian cedi has appreciated slightly, now valued at GH¢16.10 against the US dollar. The
The Ugandan shilling has marginally strengthened against the U.S. dollar due to weak demand for
The Bank of Ghana is requesting a GHC 53 billion bailout to stabilize its operations
In December 2024, mandatory reserves of Mozambican banks reached €4.441 billion, a 15% increase from
The Reserve Bank of Zimbabwe is confident in the gold-backed ZiG currency as a viable
The Reserve Bank of Zimbabwe is confident that the gold-backed Zimbabwe Gold (ZiG) currency will
Zimbabwe is experiencing a cash shortage after the U.S. cut foreign aid, which has been