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US DOLLAR – Algeria, Egypt and 17 other countries agree on BRICS currency
Nineteen countries expressed interest in joining the BRICS group as it prepares to hold an annual summit in South Africa. The...
SENEGAL: FCFA 29 billion increase in DFS loans in the first quarter of 2020
Outstanding loans granted by Senegal’s decentralized financial systems (SFD) to customers at the end of the first quarter of 2020 increased by FCFA 28.8...
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...
SENEGAL – An online platform for pension filing
Senegal’s Directorate General for the Budget (DGB) to improve the quality of services provided to users has launched a project to dematerialize...
SENEGAL: Tax evasion: The country loses 92 988 000 000 Fcfa
In a report released to the public, the financial and economic information site relating to the Stock Exchange in the 8...
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,...
AFRICAN DEVELOPMENT BANK – Jacques Edjangue appointed Vice President for People and Talent Management
The African Development Bank appoints Jacques Edjangue as Vice President for People and Talent Management Mr. Edjangue is a senior executive...
GABON: The government will spend 4,700 billion CFA in three years to boost the...
The coronavirus pandemic has further weakened, as it has throughout the world, and its impacts on the economies of African countries...
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...
NIGERIA – The value of naira collapses again
With a drop of nearly 40% in just one week, following the government’s decision to no longer artificially support its price,...
ALGERIA: New historic decline of the dinar against the dollar
The Algerian currency continues to fall. After a historic decline in December 2021, the dinar has again set a new record. According to...
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....
BRVM – A record of more than 2 billion CFA francs recorded this Friday
On Friday, July 07, 2023, the regional stock exchange posted a record CFA 2.232 billion in quotations. The value of these...
AFRICA: Eco, the single currency of ECOWAS, postponed to 2025
The governments of the countries of the Economic Community of West African States (ECOWAS), meeting in ordinary summit on Sunday 24...
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...
WAEMU AREA – Growth of 5.4% of Gdp over one year
Economic activity in WAEMU remained buoyant in the first quarter of 2023, with a 5.4% increase in GDP over one year,...
SENEGAL: Makhtar Diop heads IFC
On Thursday, 18 February 2021, the World Bank (WB) announced the appointment of Makhtar Diop as Managing Director and Executive Vice...
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 – 511.3 billion CFA francs in savings and 677 billion CFA francs in...
The Senegalese Minister of Microfinance and Social and Solidarity Economy chaired, this Thursday, July 27, 2023, the 27th meeting of the...
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...
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...
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)...
GHANA – Accra hosts Annual Meetings of the African Development Bank in May 2022
Ghana will host the 2022 Annual Meetings of the African Development Bank Group from 23 to 27 May in its capital, Accra....
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...
