State of fiat
Kenya and Namibia join 10 African countries on FATF grey list

This brings the total number of African countries on FATF’s grey list to 12, accounting for approximately 57% of all grey-listed countries.
Mar 6, 2024

This brings the total number of African countries on FATF’s grey list to 12, accounting for approximately 57% of all grey-listed countries.

Issues around border conflicts and port access have threatened trade ties between both countries for decades.

Figures show 50% of countries with available data experienced an increase in consumer prices in March.

While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.

While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.

Further contractions in consumer prices suggest that central banks’ tactics to curb inflation are productive.