Africa

For West African juntas, CFA franc pits sovereignty against expediency

Days after Burkina Faso, Mali and Niger announced last month they were quitting the West Africa political union ECOWAS, Burkina Faso's military ruler Ibrahim...

AfDB staff to leave Ethiopia over serious diplomatic incident

The African Development Bank (AfDB) has decided to withdraw all its international staff from Ethiopia immediately. The office in the country will remain open under...

StanChart sells Côte d’Ivoire unit, streamlines African operations

Standard Chartered Plc is selling its consumer-banking business unit in the Ivory Coast to West African lender Coris Bank International SA as it completes...

Kenyan and Zambian currencies seen falling, Ghana’s steady

Kenya's shilling and Zambia's kwacha are expected to fall in the next week to Thursday, while the Ugandan shilling could strengthen, Ghana's cedi will...

African online retailer Jumia to cease food delivery business

African e-commerce firm Jumia Technologies will close its food delivery business in all seven countries in which the unit operates by the end of...

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