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Dar es Salaam. A volatile global currency market in the first half of 2025, sparked by softening demand for the US dollar and a rally in European currencies, has had wide-reaching effects across East ...
Import Bank (Afreximbank) and the African Un- ion in 2022, it is a cornerstone of efforts to encourage intra-African ...
In 1925, a group of African American funeral directors convened to create a cemetery free of racial discrimination. In 2025, Detroit Memorial Park remains a cultural and historical landmark.
Central bank digital currencies have often been deemed a solution in search of a problem. But U.S. President Donald Trump appears to have provided a rationale for CBDCs, even as he has banned the ...
Two boys at a KZN school discovered a 1c coin, from the year South Africa first introduced the rand, buried in a ... replacing the South African pound — making this one of the first 1c coins to ...
Juicyway, an African fintech that leverages stablecoin technology to power fast and cheap cross-border payments, is launching out of stealth after processing over $1 billion in transaction volume ...
The West African pound remained in circulation until Nigeria gained independence in 1960. Post-independence, Nigeria established its own central bank and introduced the Nigerian pound in 1959. This ...
The first Zambian currency was called the Zambian pound; it was circulated alongside the British pound. Eventually, in 1967, Kwacha replaced the pound. A dollar now is 26.4 in Zambian Kwacha.
In early days, coins and banknotes were both used but franc was more prominent. Malagasy Ariary is 4,555 to a dollar. Read Also: Top 10 strongest currencies in Africa 2024 ...
Ship discovered in the desert had valuable cargo apart from gold. Dr Noli, the chief archeologist of the Southern Africa Institute of Maritime Archaeological Research, said recently the coastline was ...