Africa and the Caribbean are exploring the development of a digital currency to deepen trade ties between the two regions.

Thanks to these reforms and to Dji- bouti’s economic performance, the sec- tor has grown from two banks in 2006 to 12 today ...

An IMF study tests Purchasing Power Parity (PPP) across West and Central Africa, revealing stronger price convergence in ...

Local-currency payments systems promise cheaper trade, but Trump is determined to preserve the dollar's dominance.

Africa expands use of local currency payment systems like PAPSS to reduce reliance on the US dollar for intra-continental ...

The Pan-African Payment and Settlement System, which allows faster payments and improved trade flows in local currencies, is ...

In early June 2025, the cedi, Ghana’s currency, was recognized as Africa’s best-performing currency. However, its reign was ...

PAPSS payment system allows trade settlement in local currencies Experts says move aims of lowering trade costs South Africa ...

For many African trav­ellers, exploring the continent should be exciting, but the frustra­tion of currency exchange turns it into a costly and inconvenient experience.Take 2AO, a Lagos-based tourist ...

Africa's push for local currency payments systems - once little more than an aspiration - is finally making concrete gains, bringing the promise of less costly trade to a continent long hobbled by ...

Supply chain finance keeps suppliers operational, reduces the risk of production delays, and builds resilience in an ...

Sub-Saharan Africa, in particular, remained a primarily cash economy, due to factors including limited infrastructure and ...