…that he has already crossed that threshold in Nigerian naira, along with other African currencies. When the conversation shifted specifically to US dollars, Mr Eazi remained optimistic. "US dollars, you know, soon come. I'm not really looking for that, that's not the target. But I see it; it's coming. Anytime now," he…
…of resilienceA recent Reuters survey of foreign exchange traders projected that several African currencies, including Nigeria’s naira, Ghana’s cedi and Uganda’s shilling, could face renewed pressure in the coming weeks.However, Kenya’s shilling is expected to remain relatively stable, supported by strong diaspora remit…
…It could also increase remittance inflows and create direct trading pairs between African currencies, which remain one of the continent's biggest trade and FX challenges. After speaking with governments, commodity exporters, miners, and energy companies across multiple markets, it became very clear to us that this infr…