Page 16 - Monetary Community News Today

Noel K. Tshiani, founder of Congo Business Network, talks to Aissatou Barro, Managing Director at Airtel Money Gabon, about her background and how mobile money is changing the financial services landscape in francophone Africa.

On 27 July 2022, the government of Botswana announced that it will reduce the VAT rate from 14% to 12%, effective 1 August 2022, for a period of six months, ...

Most sub-Saharan African French colonies got formal independence in the 1960s. But their economies have progressed little, leaving most people in poverty, and generally worse off than in other post-co

Most French colonies in Africa became independent in the 60s. But most are in poverty, much worse off than other African economies.

Central African ministers meeting in Cameroon have agreed to merge two regional blocs in a move to boost trade and growth. The 11-member Economic Community of Central African States (ECCAS) will join with the six-member Economic and Monetary Community of Central Africa (CEMAC). The deal aims to eliminate rivalry that has helped to make central…

By Anis Chowdhury and Jomo Kwame Sundaram SYDNEY and KUALA LUMPUR, Aug 2 2022 (IPS) - Colonial-style currency board arrangements have enabled continuing imperialist exploitation decades after the end of formal colonial rule. Such neo-colonial monetary systems persist despite modest reforms. In 2019, Italian Deputy Prime Minister Luigi Di Maio…

The Bank of Central African States (BEAC) has approved the plan by the Central African Republic (CAR) to introduce a national cryptocurrency backed by bitcoin, and says it will 'oversee the project.' According to a Cameroonian news site, the decision was taken following the meeting of the Ministerial Committee of the Central African Monetary Union

Deal aims to eliminate rivalry that has helped to make central Africa the poorest region among Africa’s economic groups

Africa Business Communities

Colonial-style currency board arrangements have enabled continuing imperialist exploitation decades after the end of formal colonial rule. Such neo-colonial monetary systems persist despite modest ref