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Rand on a high it hits its 60th anniversary

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

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

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

CBN sanction threat easing Naira pressure

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

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

Shilling pressured as Ugandans vote; Business as usual means weaker Naira

Business as usual means weaker Naira The Naira dipped against the dollar to 475, the second slide since the start of the year in the

Africa FX risk downside amidst 2021 recovery

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

Post-COVID seeds of innovation are transforming African finance to farming

Beyond the immediate toll on African economies, the pandemic has triggered critical innovations and breakthroughs whose benefits will outlive COVID-19. In a conversation hosted by

Farmers Driving FX Resilience across Africa

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

Rand at post-COVID high set for more gains; Magufuli revitalization leaves Shilling weaker

Rising food prices add pressure for Naira Nigeria’s currency weakened to 475 per dollar as currency traders funneled unmet demand from official sources into the

Biden rally reversal for Rand amid graft charges; Tanzania election leaves Shilling stronger

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

Post-US election, AfCFTA should focus policymakers’ minds

Post-US election, AfCFTA should focus policymakers’ minds For the past four years, the US’ strategy on Africa has centered on competing against China, the continent’s

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