The Nigerian and Ugandan currencies are seen advancing in the next week to Thursday, while Kenya's, Ghana's and Zambia's are ...

The Nigerian naira has depreciated over 400% since 2023, now trading close to the N1600/$ mark. It is now ranked among the ...

The Pan-African Payments Settlement System (Papss), which uses blockchain to eliminate the burden of currency incompatibility ...

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

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

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

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

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

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

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

The move by Africa to create payments systems that do not rely on the greenback mirrors a push by China to develop financial ...