Ethiopia Announces Launch of Forex Auction Sale Days After Birr Float
The National Bank of Ethiopia (NBE) said it will conduct a special foreign exchange auction on Aug.
Group Urges Nigeria to End Naira Float, Reinstate Subsidies
The Nigerian government has been urged to abandon a floating foreign exchange system and reintroduce…
East African Scientists Use AI for Accurate Extreme Weather Forecasts
Climate scientists in East Africa are integrating artificial intelligence (AI) into traditional…
Whatsapp Warns It May Leave Nigeria Over Order to Pay a $220 Million Fine
Whatsapp, the social media platform owned by Meta Inc., has stated that it would be impossible to…
Ghana Launches Centralized Online Foreign Exchange Trading Platform
The Bank of Ghana has recently launched a centralized online foreign exchange trading platform. This…
Huawei Aims to Drive AI Adoption in Africa With Data Center Expansion
Chinese tech giant Huawei says it will leverage its experience to help African customers. The…
Zimbabwe Injects $50M in Forex Market to Stabilize Currency
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has injected over US$50 million…
HSBC Australia Blocks Payments to Crypto Exchanges
HSBC Australia has announced that it will block all customer payments to cryptocurrency exchanges…
Nigeria to Train 1,000 Residents Annually in AI and Blockchain Technologies
The Federal Government of Nigeria has launched an initiative to train 1,000 Nigerians annually in…