Atingi-Ego said the central bank had reviewed its controls and addressed weaknesses following incidents that included the reported loss of laptops and allegations of systems […]
Tag: Central Bank
Ghana central bank embraces AI, big data technologies to aid decision-making
Ghana’s central bank has adopted artificial intelligence (AI) and big data technologies to aid policy formulation and decision-making, according to First Deputy Governor of the […]
Tanzania central bank boosts reserves with 28 tonnes of gold purchases in 18 months
The Bank of Tanzania (BoT) has purchased and stockpiled about 28 tonnes of gold over the past 18 months as part of a government strategy […]
Central Bank of Egypt, Afreximbank sign MoU for the establishment of a Gold Bank
This strategic initiative aims to formalise gold value chains, strengthen Central Bank reserves and reduce Africa’s reliance on foreign refining and trading hubs The Central […]
Ethiopia’s Central Bank: Leading Transformative Reform – IMF
Over the past year, Ethiopia—Africa’s second most populous country—has embarked on a comprehensive transformation of its monetary and exchange rate regimes. After decades of tight […]
Namibia’s central bank to start buying gold to strengthen stability
Namibia’s central bank said on Friday that it plans to start buying gold to strengthen the country’s foreign exchange reserves and hedge against global economic […]