The Naira Hits a Two-Year High and Reserves Reach an 18-Year Peak
The naira two-year high of N1,315.67 came as external reserves reached US$53.99bn, an 18-year peak, with record July remittance inflows...
September 4, 2026Topic
remittances
Sudan Let Banks Set Dollar Rates and the Pound Hit a Record Low
The Sudanese pound fell to a record 6,400 per dollar on the parallel market after the central bank let commercial...
August 28, 2026
Egypt Lets You Open a Bank Account Online
Egypt's central bank has issued rules for opening a bank account remotely, without visiting a branch. Here is what the...
August 24, 2026
Zimbabwe’s Mining Exports Doubled. Its Reserves Still Cover 1.7 Months of Imports
Zimbabwe mining exports reached US$6.21bn in the first half of 2026, up 121%, but usable reserves of US$1.7bn covered only...
August 21, 2026
Egyptians Abroad Sent Home a Record US$47.3 Billion in a Single Year
Egypt remittances reached a record US$47.3bn in the year to June 2026, up 29.6%, as the diaspora moved transfers back...
August 21, 2026
Ethiopian TPS Termination: Judge Lets Trump End Deportation Protections
A Boston judge cleared the Ethiopian TPS termination, letting the Trump administration end deportation protections for more than 5,000 Ethiopians.
August 19, 2026
S&P Affirms Cape Verde Sovereign Rating as Tariff Relief Extended
S&P affirmed the Cape Verde sovereign rating at B+/B with a positive outlook on 7 August 2026, and extended electricity...
August 15, 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
Bank of Ghana Governor Urges Banks to Build Diaspora Investment Products
Bank of Ghana Governor Dr Johnson Pandit Asiama has urged lenders to build diaspora investment products as remittances hit nearly...
August 13, 2026