The executive board of the International Monetary Fund on Friday approved the second review of Ethiopia's current financing ...

To the casual observer, it seemed like the long-cherished dream of a new single currency for East Africa had come to fruition. An account on X, called "Government of East Africa", complete with a ...

The review, offers relief to the partner states that failed to comply with the thresholds on inflation, foreign reserves, ...

For the best experience, please enable JavaScript in your browser settings. The EAC Secretariat clarified that there was no such currency and that the account had no ...

According to a report by KNBS, the Kenyan shilling recorded significant gains against major East African currencies in the ...

Once these have clearly demonstrated the benefits of such pro- jects, the impetus for a single continent- wide currency will grow. The Southern African Development Community (SADC), East African Com- ...