African Currency Markets Show Mixed Trends on Dec 27

African Currency Markets Show Mixed Trends on Dec 27

This report provides daily exchange rates as of December 27, 2025, for key African countries including Nigeria, Uganda, Morocco, Egypt, and currencies like West African CFA Franc and Central African CFA Franc. The data is sourced from exchangerate-api and is intended to serve as a reference for investors, helping them understand African market dynamics and make more informed investment decisions. Please note that exchange rates may vary across different sources, and investments should be made with caution.

IATA Names Peter Chilufya Chikumba Regional Director for Africa

IATA Names Peter Chilufya Chikumba Regional Director for Africa

The International Air Transport Association (IATA) has appointed Peter Chikuumba as its Area Manager for Africa, based in Nairobi. This appointment aims to strengthen collaboration with African aviation bodies and address the challenges facing the African aviation industry. Chikuumba brings extensive industry experience to the role and will focus on ensuring the robust development of African aviation, promoting its safety, efficiency, and sustainability. This appointment reflects IATA's strategic emphasis on the growing importance of the African market.

01/26/2026 Airlines
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Jumia Guide Highlights Africas Ecommerce Growth

Jumia Guide Highlights Africas Ecommerce Growth

This article provides an in-depth analysis of the advantages and challenges of the African e-commerce platform JUMIA, offering a guide for cross-border sellers interested in entering the African market. JUMIA boasts ease of use, significant market potential, and a favorable policy environment. However, localization and logistics are key challenges. By leveraging low-cost sourcing and reasonable pricing, sellers can still achieve substantial profits. For businesses with strong supply chain advantages, JUMIA represents an ideal choice for expanding into the African market.

Guide to SWIFT Transfers for Central African Banks

Guide to SWIFT Transfers for Central African Banks

This article provides a detailed guide on the use of SWIFT/BIC codes to ensure the safe transfer of funds when making international remittances to banks in Central Africa. By analyzing samples of CAN's SWIFT/BIC codes, it emphasizes the importance of verifying bank information, aiming to enhance the efficiency and security of remittances.

Koumala Airport Boosts Central African Air Freight Capacity

Koumala Airport Boosts Central African Air Freight Capacity

This article provides a detailed explanation of the three-letter code (KOL) for Komara Airport in the Central African Republic and analyzes the air transport environment in the country. It offers practical considerations for air transport operations and recommends useful IATA code lookup systems and other air transport support tools. The aim is to provide a comprehensive operational guide for professionals involved in air transport to and from the Central African Republic, focusing on Komara Airport and its specific requirements.

Ndjili Airport Emerges As Key African Logistics Hub

Ndjili Airport Emerges As Key African Logistics Hub

N'djili Airport (FIH) in Kinshasa is the largest international airport in the Democratic Republic of Congo and a vital aviation hub connecting Africa to the world. With its strategic location and continuously upgraded facilities, N'djili Airport plays a crucial role in both passenger and cargo transport, providing freight forwarders with convenient access to Central Africa. It serves as a key gateway for international air cargo operations within the region, facilitating trade and economic growth.