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Congo’s Franc Revival: Reducing Dollar Dependence in Africa

The Democratic Republic of Congo (DRC), Africa’s second-largest nation by landmass and a mineral powerhouse, is embarking on a bold financial mission: restoring trust in the Congolese franc and reducing.

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Can Africa Pioneer the World’s Next Currency?

With the Economic Community of West African States (ECOWAS) working toward launching a single regional currency by 2027, the quiet, persistent question lingers in policy circles: will other blocs follow,.

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Africa’s Move Towards Currency Independence

Africa is making significant strides in asserting its sovereignty through currency independence. As nations across the continent take bold steps to reduce reliance on foreign currencies, they position themselves for.

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Currency Volatility/ Inflation: How They Affect Economies in Africa

A currency’s exchange rate is typically determined by the strength or weakness of the underlying economy, As such a currency’s value can fluctuate from one moment to the next. Currency.

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ECOWAS’ single currency to take off 2020

Economic Community of West African States (ECOWAS), has given the West African Monetary Institute (WAMI) a fresh mandate to ensure that the long-awaited single currency takes off in 2020. Speaking.

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