Sunday, September 22, 2024
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CFA Franc

France finally ratifies law ending use of CFA franc in West Africa

France has finally ratified a law that ends the use of the CFA franc by French colonies in West Africa. The ratification was done by...

Anglophone ECOWAS rejects moves to rename CFA Franc as Eco

The decision by French speaking countries in West Africa to rename the CFA Franc as Eco has been rejected by English speaking countries in...

Ecowas renames CFA franc, cuts financial ties with France

The CFA franc will now be renamed the Eco, which is the new currency to be used by member states of ECOWAS. Under the new...

Francophone West Africa seeks ‘financial freedom’ from France

For decades Francophone nations in West Africa have had the management of their currency done in France. Their financial reserves have always been planned and...

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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