The Ghanaian cedi has been ranked the second weakest currency among the top 15 currencies in Sub-Saharan Africa.

Ethiopia's general inflation rate decreased to 33.8 percent in December, after reaching 35.1 percent in November 2022, the state Ethiopian Statistics Service (ESS) revealed Monday.

Ghana's consumer inflation rate surged to 54.1 percent in December, a record high, the Ghana Statistical Service (GSS) said Wednesday.

Ghana Airlines, a new national carrier is expected to begin operating in the third quarter of 2023.

Rwanda's consumer inflation accelerated for the second straight month in December 2022 on the back of higher food prices, official data has showed.

The total transactions on the Ethereum network tore through that of Bitcoin by more than fourfold in 2022, data from DollarGeek has shown.

Fitch Ratings has downgraded Ghana's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to 'C' from 'CC' as well as the issue ratings on outstanding foreign-currency debt. Fitch has also downgraded the issue rating on Ghana's partially-guaranteed USD1 billion notes maturing in 2030 to 'CC' from 'B-'.

Fitch Ratings has downgraded Ethiopia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC-' from 'CCC'. Fitch typically does not assign Outlooks to sovereigns with a rating of 'CCC' or below. Fitch has removed the Long-Term IDRs from Under Criteria Observation (UCO).

The African Exchanges Linkage Project (AELP) has launched an e-platform (The AELP Link), enabling seamless cross-border securities trading among seven African stock exchanges representing 2,000 companies with roughly $1.5 trillion market capitalization.

The Monetary Policy Committee of the Central Bank of Nigeria (CBN), in its last meeting for the year, has voted to increase the benchmark interest rate (MPR) by 100 basis points to 16.5%, its highest level since 2001.