- IFC, British International Investment and Proparco agree €87 million loan to Support Sonatel's Telecoms Expansion in Senegal
- Landmark moment for African climate investment as sustainability bond secures London listing
- Market update: FTSE 100 revs up a gear again
- Why Attend AFSIC – Investing in Africa 2024
- Renewable Energy: The Hottest Investment Space in Africa?
Zimbabwe’s Black Market, Where the Dollar Trades Against Itself
HARARE, Zimbabwe, Capital Markets in Africa: In Zimbabwe — the country that once suffered 500 billion percent inflation — one dollar may now cost you as much as $1.07. A shortage of banknotes is resulting in a new black market more than seven years after Zimbabwe abolished its own money, the Zimbabwean dollar, and adopted the greenback and other foreign currencies to avoid exactly that sort of unofficial trading. The cash crunch has intensified in…
Read More