Business Currency Forex Markets

Currency Predictions for the Week Ahead: Naira, Shilling, and Kwacha Under Pressure, Cedi and Ugandan Shilling Stable – Traders (Reuters)

Currency traders foresee fluctuations in Nigeria’s naira, Kenya’s shilling, and Zambia’s kwacha in the upcoming week, while Ghana’s cedi and Uganda’s shilling are expected to maintain stability, according to Reuters reports. Kenya’s Shilling The Kenyan shilling is anticipated to continue its gradual decline due to heightened foreign currency demand across sectors leading up to year-end. Read More…

Business Technology

Flutterwave partners Amole to boost remittances into Ethiopia

Flutterwave, Africa’s leading payments technology company, has partnered Amole, Ethiopia’s largest mobile digital wallet platform, to boost remittances. Flutterwave’s Founder and Chief Executive Officer, Olugbenga Agboola, said this in a statement in Lagos on Friday. Agboola said the partnership would facilitate money transfer into Ethiopia through Amole, to Amole Wallet, bank accounts and cash pickup Read More…