Africa’s ambition to reduce reliance on the US dollar for cross-border trade is still far from bearing fruit, but more countries are now adopting local currency payment systems. Some nations are using ...

New platform will allow direct exchange of African currencies Continent's FX market dominated by local/hard currency pairs Aims to boost commerce with the system after ongoing tests NAIROBI, March 12 ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The launch was announced on the sidelines of the 2025 Afreximbank ...