The Kenyan shilling was steady against the dollar on Monday, as foreign exchange supply from tourism and tea exports matched demand from the manufacturing and oil sectors, one trader said. The ...

Even as the world increasingly moves toward digitized commerce, where transactions are conducted with the tap of a credit ...

Rejecting South African banknotes, according to CBL ... explained that the issue arose after a series of ATM bombings in South Africa, where dye-stained money entered circulation in Lesotho.

CBDCs could help end the US dollar dominance in global trade, but that is still a long way off due to complex legal and ...

The group's recent summit in Kazan evoked the spirit of the 1955 Asian-African Conference in laying out a vision for a ...

Nigerian woman with fake banknotes was arrested in Ogun state ... Read the original story, with links and other resources. Africa Check is a non-partisan organisation which promotes accuracy ...

Some cultures have made weights into art forms, as with these sculptural weights that were used in West Africa for weighing gold dust from ... From the 17th century, governments increasingly began to ...

At the recent BRICS summit in Kazan, Russia, a symbolic banknote was unveiled, highlighting the collective ambition of Brazil, Russia, India, China, and South Africa to reshape global economic ...

Despite Africa facing challenges with inflation ... In 2016, Eritrea redesigned its banknotes to combat counterfeiting, with the latest designs created by Clarence Holbert and printed in Germany.

The banknote, which features the flags of Brazil, Russia, India, China, and South Africa, symbolizes the collective ambitions of these nations to explore alternatives to the US dollar in cross ...

While such strategies can boost resilience, the World Bank notes they may also mean shipping, logistics, and regulatory costs double the prices of internationally traded goods. Africa can be a key ...

During their October 2024 summit, BRICS nations affirmed their efforts to establish an alternative payment system that aims ...