Africa's development bank is proposing a new 'gold standard' style currency arrangement backed by critical minerals such as cobalt, copper, lithium, manganese and some of the 'rare earths' key to ...

The second weakest currency in Africa is held by Sierra Leone, which uses the Sierra Leonean Leone, which has a current currency value of 22,281.80 per US dollar.

Analysis - Over the years we've frequently seen the claim that former Libyan leader Muammar Gaddafi had plans to introduce an international currency. But as with so many details of Gaddafi's life ...

The Pan-African Payment and Settlement System, which allows faster payments and improved trade flows in local currencies, is ...

With 1 USD being around 11.50 GHS, the currency maintains its position among the strongest in Africa. Ghana's economy has experienced steady growth due to the export of gold, cocoa, and oil.

In March 2025, some African currencies emerged the strongest. The key indicator is the strength of the country’s currency in relation to the US dollar.

African nations are rushing to build their gold reserves to hedge against geopolitical tensions that have battered their currencies and fanned inflation. Nations from South Sudan, Zimbabwe and ...

In West Africa, they reflect the complex legacies of colonial rule and decolonisation. It was once popular to refer to a “currency revolution”, in which colonial coins and notes displaced indigenous ...