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foreign exchange

4 Results / Page 1 of 1

Background

Africa

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

      By Pritish Behuria, University of Manchester     Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the country’s economic growth has depended heavily on its offshore sector – the provision of financial services by banks to foreign firms. As an isolated country located in the south-western Indian Ocean, Mauritius has […]

todayJune 18, 2024 9

Africa

Binance to stop transactions in Nigeria

Binance, the world's largest cryptocurrency exchange, is ending all transactions and trading in Nigeria's local currency after 8 March 2024. This after Nigeria clamped down on the global crypto exchange, blaming it for feeding a black market for foreign exchange. Ajeck Mangut reports from Abuja.

todayMarch 6, 2024 5

Africa

DRC elections: three factors that have shaped Tshisekedi’s bumpy first term as president

By Reuben Loffman, Queen Mary University of London Africa’s second-largest country by land mass, the Democratic Republic of Congo (DRC), is scheduled to go to the polls on 20 December 2023. President Felix Tshisekedi will be seeking re-election. However, his first tenure has been decidedly mixed. Tshisekedi’s first term has been defined by three major factors: questions over the legitimacy of his 2019 election victory, violence in eastern DRC and the […]

todayDecember 7, 2023 4

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