A planned new West African currency to replace the France-backed CFA franc this year has been derailed by the coronavirus pandemic and its launch could now be up to five years away, Ivory Coast's ...

Discover the top 10 most valuable African currencies in September 2025 against the US dollar driven by global economic shifts and Federal Reserve signals.

South Africa's National Treasury has attracted over 100 global proposals for its $500 million foreign currency financing ...

Zambia’s currency surged to its strongest level in nearly two years, buoyed by renewed optimism in the nation’s copper ...

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 ...

The First Africa climate summit in Nairobi intensified calls for a common African currency to address climate finance gaps. A section of African ministers and experts indicated that currency could ...

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 ...

Mobile money was Africa’s first great financial leap — and most of the local banks missed it. While telecoms built the rails of everyday payments, banks watched from the sidelines. Now, with ...

Currency fluctuations against the dollar have caused huge losses for foreign companies, with some groups even exiting Nigeria and Kenya. Is the relative stability of the CFA franc in West and Central ...