Africa is making a significant stride toward financial integration with the launch of the Africa Currency Marketplace by the Pan-African Payment and Settlement System (PAPSS). This innovative platform ...

The South African rand has depreciated rapidly as the government prepares to deploy more troops, amid widespread violence following the arrest of former President Jacob Zuma. With protests now in ...

From Kenya’s emergence as the continent’s top private equity destination to mounting currency and inflation pressures in Ethiopia, and the ripple effects of Middle East tensions on consumer spending, ...

Africa invented mobile money, leads the world in its adoption, processes almost a trillion dollars a year through it, and still cannot move that money freely within its own borders.

Despite being rich in natural resources, Nigeria grapples with economic instability, high inflation, unemployment, inadequate infrastructure and a weak currency. Despite being rich in natural ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- South Africa’s government said there are no plans to create a so-called BRICS currency, after US President-elect ...

A group of finance executives is drafting proposals to allow foreign-currency transactions on stock and bond exchanges in South Africa as the continent’s biggest economy aims to bolster its standing ...

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 ...

Africa is a vast continent with a rich cultural heritage, abundant natural resources and a vibrant, youthful population. Despite these strengths, the economies of most African countries are still ...

Two colleagues at the Council on Foreign Relations have published a short article for non-experts on the CFA franc, the common currency used by fourteen francophone African states that have a combined ...

Sub-Saharan Africa’s wealth is rooted in raw materials, but exporting them unprocessed leaves countries exposed to forces beyond ...