African leaders see the moment as critical for the continent to strengthen intra-African commerce and reduce dependence on external markets October 1, 2025/AfDB Ivorian Prime Minister Robert Mambé and African Development Bank Group President Sidi Ould Tah have urged Africa’s private sector to take centre stage in the continent’s economic […]
Author: InvestAdvocate
Dollar’s Share of Reserves Held Steady in Second Quarter When Adjusted for FX Moves
(Credit: spawns/iStock by Getty Images) October 1, 2025/IMFBlog By Glen Kwende, Erin Nephew, Carlos Sánchez-Muñoz Our unique data on the currency composition of global foreign exchange reserves, COFER, track how much of the world’s reserves are held at central banks in different currencies—such as the US dollar, the euro, Japanese yen, Chinese renminbi, British […]
Nigeria at 65: A Nation Still Waiting for a Banking Revolution
October 1, 2025 By Blaise Udunze Sixty-five years after independence, Nigeria’s banking sector boasts towering profits and continental reach. Yet behind the glossy numbers lies a sobering truth: banks remain disconnected from the real economy, leaving farmers, small businesses, and entrepreneurs stranded. As the nation marks another anniversary, the call […]
