According to a Pindula News article dated 23 January 2020, Finance and Economic Development Minister Mthuli Ncube told Bloomberg TV that the Reserve Bank of Zimbabwe will introduce higher denomination banknotes (10, 20, and 50 dollars) in the next few months. It seems some people never learn from history…
According to an Egypt Independent article dated 10 January 2020, the Central Bank of Egypt plans to print new 10-pound polymer notes (current paper note, B337a, shown above) after moving its headquarters and printing facility to Egypt’s New Administrative Capital being built to the east of Cairo.
Due to “sustained periods of high inflation and the perennial depreciation of the currency,” on 29 November 2019 the Bank of Ghana introduced a new 2-cedi coin, as well as new 100- and 200-cedi notes. Existing 1- and 2-cedi notes remain legal tender, though these denominations will be gradually replaced by
According to a Prensa Latina article dated 20 December 2019, the Banco Nacional de Angola has been authorized to introduce a new family of banknotes in 2020. The most commonly used denominations (200 to 2,000 kwanzas) will be printed on polymer substrate to increase longevity. The notes will be printed
According to a China.org.cn article dated 20 December 2019, the Reserve Bank of Zimbabwe plans to introduce new 10- and 20-dollar notes. Zimbabwean President Emmerson Mnangagwa said the new notes will be introduced in the next few days as the government moves to contain persistent cash shortages. Mnangagwa said the
According to a Financial Times article dated 15 December 2019, France is reconsidering the French-backed CFA franc used by west and central African states since 1945 but that critics see as a colonial relic. Courtesy of Mark Irwin.