Tag Archive

Ghana: Building Cost Inflation Rises to 4.0 Percent in July – Gss

By AllAfrica News: Economy, Business and Finance

[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.

Ethiopia: Ethiopia’s Birr Hits Record Low Despite Billions Spent to Support Currency

By AllAfrica News: Economy, Business and Finance

[Addis Standard] Addis Abeba — Ethiopia’s birr has fallen to a record low against the US dollar despite the central bank spending about $2.2 billion this year to support the currency, Bloomberg reported, as rising import costs and strong demand for fo…

Nigeria: Plaude Counters Claims Over Disputed $13.07m Currency Deal, Says $8.95m Was Settled, $1bn Processed in 2 Years

By AllAfrica News: Economy, Business and Finance

[Vanguard] Plaude Technologies Limited has rejected what it described as misleading and inaccurate claims arising from a disputed currency transaction involving Zacuten Technologies Limited and Crossbeam Financial Services Limited.

Uganda: Uganda Finds a Smoother Route to China’s Yuan

By AllAfrica News: Economy, Business and Finance

[Independent (Kampala)] Ugandan businesses trading with China are set to gain faster access to yuan payments after Stanbic Bank Uganda became the country’s first lender to connect to China’s Cross-Border Interbank Payment System, or CIPS.

Nigeria: Currency in Circulation Hits N5.73trn As CBN Prints 3.43bn Notes

By AllAfrica News: Economy, Business and Finance

[Leadership] Currency in circulation (CIC) in Nigeria rose to N5.73 trillion in 2025 from N5.44 trillion recorded in 2024, as the Central Bank of Nigeria (CBN) printed 3.43 billion units of naira notes to meet growing cash demand, the apex bank’s 2025 …

Nigeria: Dollar to Naira Exchange Rate Today, August 3, 2026

By AllAfrica News: Economy, Business and Finance

[Vanguard] The naira opened the week with a relatively stable performance against the United States dollar at both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market on Monday, August 3, 2026.

Malawi: Namiwa Summoned to Malawi Police Headquarters

By AllAfrica News: Economy, Business and Finance

[Nyasa Times] CDEDI Executive Director Sylvester Namiwa has been summoned by the Malawi Police Service to appear at the National Police Headquarters in Area 30, Lilongwe, at 2:30pm today — the latest twist in what has become a closely watched standoff…

Malawi: Tnm Maintains Investment Focus Amid Forex Shortages

By AllAfrica News: Economy, Business and Finance

[Nyasa Times] Telekom Networks Malawi is pressing ahead with network investment despite persistent foreign-exchange shortages that continue to weigh on the importation of critical equipment, Chief Executive Michel Hebert told shareholders at the compan…

West Africa: Ecowas Reaffirms 2027 Launch of Eco Single Currency

By AllAfrica News: Economy, Business and Finance

[Daba Finance] West African leaders have reaffirmed their commitment to launching the ECO single currency in 2027, adopting a phased approach that will allow only member states meeting the bloc’s macroeconomic convergence criteria to join the monetary …

Liberia: CBL Welcomes Legislature’s Approval of Currency Printing Proposal

By New Dawn

[New Dawn] -Honors outgoing Deputy Governor Musa Dukuly