Libya Ties a Company’s Access to Dollars to the Tax It Has Actually Paid
Libya hard currency access is now set by formula: 30 times a company's average income tax plus 10 times its...
August 21, 2026Topic
foreign exchange
Nigeria Approved a US$45 Million Rail Link to Its Lagos Ports. Almost Nobody Noticed
Nigeria ports and rail links are the missing piece around the Dangote refinery. A US$45.3 million line to four Lagos...
August 20, 2026
Ethiopia Birr Hits Record Low as Central Bank Sells US$500 Million in One Day
The Ethiopia birr fell to a record low near 162 per dollar, and the central bank called a US$500m special...
August 20, 2026
Payment Failures at Ghana’s Ports Are Driving Up Import Costs
Ghana port payment failures are stranding containers and adding demurrage charges. Importers say the state platform and its bank links...
August 20, 2026
Ghana’s Cedi Rallied 7% in a Week. Street Rates Barely Moved
The Ghana cedi gained about 7 percent against the dollar in a week on the interbank market. The rate people...
August 20, 2026
Nigeria Launches Diaspora Mortgage Loan Programme in London
Nigeria's FMBN launched a diaspora mortgage loan in London on 7 August 2026, offering up to ₦100 million at 9...
August 13, 2026
Rand Near Its Strongest in a Month as Brent Slips Below US$80
The rand traded near R16.33 to the dollar on 6 August 2026 as Brent slipped below US$80 and gold held...
August 6, 2026
Ethiopia Gold: Amhara Region Ships First 357 Kg to Central Bank
Amhara region delivers 357 kg of gold to Ethiopia's central bank in a historic first shipment, as the PM claims...
August 1, 2026
Nigeria Private FX Outflows Jump 165% to $16.3 Billion
Private-sector FX outflows from Nigeria surged 165% to $16.3 billion in 2025, reshaping who controls dollars in Africa’s largest economy.
July 31, 2026