Tag Archive
Sudan: Sudanese Pound Collapse Sees Shops Close Amid Soaring Prices
[Dabanga] Omdurman / Ed Dueim — The collapse of Sudan’s Pound is sending consumer prices sharply higher as traders struggle to price their goods. About three-quarters of shops in Ed Dueim, White Nile state, have closed, along with about 90% of wholesa…
Sudan: Sudan’s Finance Minister Pins Pound’s Fall On Growing Demand for U.S. Dollars
[Dabanga] Khartoum / Amsterdam — Sudan’s Finance Minister, Jibril Ibrahim, attributes the Sudanese Pound’s rapid decline against foreign currencies to strong demand for foreign exchange as imports outstrip exports, with the currency’s slide putting fu…
Sudan: Sudanese Pound Plunges Despite Government Measures
[Dabanga] Khartoum / Amsterdam — The Sudanese Pound has plunged against the Dollar, with the US currency trading above SDG 8,400 on the parallel market, up 40% in three weeks as demand for foreign currency surges.
Nigeria: EFCC’s Push to Block Payment of Legal Fees in Foreign Currency Draws Backlash
[Vanguard] ABUJA — A fresh row is brewing between the Economic and Financial Crimes Commission (EFCC) and legal practitioners across the country over a renewed push to bar the use of foreign currency in settling legal fees.
Mozambique: Annual Inflation Falls to 6.45 Percent
[AIM] Maputo — Mozambique’s National Statistics Institute (INE), in its Consumer Price Index (CPI), has recorded an annual inflation of 6.45 percent over the last August.
Malawi: Malawians Still Crippled By Forex Shortages As Banks Refuse to Budge
[Nyasa Times] Malawians travelling and doing business across the country’s borders are continuing to complain of crippling forex shortages, with banks accused of being unwilling to exchange kwacha for dollars – despite fresh figures showing the country…
Tanzania: FCC Backs Technology to Fight Counterfeits
[Daily News] Dar es Salaam — FAIR Competition Commission (FCC) Acting Director General, Khadija Ngasongwa has called on manufacturers and businesses to embrace new product-authentication technology as part of efforts to protect consumers, legitimate e…
Nigeria: Dollar to Naira Exchange Rate Today, August 31, 2026
[Vanguard] The Nigerian naira is opening the new trading week around the ₦1,300-per-dollar range, with the latest official Nigerian Foreign Exchange Market (NFEM) data showing a closing rate of about ₦1,337.29/$1 at the end of Friday’s se…
Nigeria: Experts – Naira Could Strengthen Below N1,000/$ in One Year, N985/$ Is Fair Value
[This Day] The naira could strengthen to below N1,000/$ within the next 12 months, with analysts at MDU Capital Limited putting the currency’s fair value at N984.7/$, according to its latest research.
Ghana: Building Cost Inflation Rises to 4.0 Percent in July – Gss
[Ghanaian Times] The year-on-year building cost inflation rose to 4.0 per cent in July 2026, from 3.1 per cent in June, the Ghana Statistical Service (GSS) has announced.