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AFRICA – Rumor of a devaluation of the CFA franc, the BCEAO reacts!
Following rumours of the devaluation of the CFA franc, the BCEAO reacted with a statement.
The Central Bank...
AFRICA – AfDB’s Fashionomics Africa Initiative Launches $6,000 Sustainable Fashion Contest
The African Development Bank’s Fashionomics Africa initiative is launching a new sustainable fashion competition with its partners. African designers of sustainable and...
SENEGAL – Wari Kabirou Mbodj’s boss sentenced
Kabirou Mbodj, CEO of Wari, was sentenced to 6 months in prison with a suspended sentence and 1.5 billion in fine...
NIGERIA – The country is moving towards a digital currency despite challenges
The Central Bank of Nigeria (CBN) recently announced its desire to work in perfect collaboration with the Barbadian company Bitt Inc....
AFRICA – Côte d’Ivoire, Togo and Burkina Faso among the examples of fiscal transparency...
As part of its 2021 Budget Transparency Report, the US Department of State has taken into account 141 countries around the...
SENEGAL – France has suspended a debt of FCFA 13.7 billion
Debt Suspended but not cancelled! The Minister of Finance and Budget, Abdoulaye Daouda Diallo, and the Ambassador of France to Senegal,...
AFRICA – ECOWAS meets in 2027 for Eco
ECOWAS heads of state have drawn up a new roadmap which should see the adoption of the Eco in 2027. The...
CRYTOCURRENCIE – U.S. Federal Reserve Report Ranks Cryptocurrencies as Threats to Financial Stability
In recent months, cryptocurrencies have seen tremendous growth. As these highly volatile assets evolve, concerns about the current financial system grow....
AFRICA – 22 countries import their currency from England and Germany
Several decades after their independence, Guinea, Ethiopia, Rwanda and 14 other African countries continue to have their banknotes printed in the...
AFRICA – 205 Global Civil Society Organizations Behind Senegalese President Macky Sall for Debt...
The President of the Republic of Senegal, Macky Sall, called in April 2020 for the cancellation of the debt of African...
IVORY COAST – Public Treasury Gets Seven Smart ATM’s
The Directorate General of the Treasury and Public Accounting, through its Treasury Deposit Bank, has inaugurated seven new ATMs, two (2)...
SOUDAN: Sudanese pound devalued to reduce the country’s debt
The Sudan Central Bank devalued the Sudanese Pound on Sunday, 21 February. The currency will now align with the currency market exchange...
