Facing forex shortage, Zimbabwe black market traders patch up soiled dollar notes

The World Economic Forum is urging Nigeria to identify risk-hedging facilities to back the naira financing of clean energy projects due to the limited availability of dollar finances.

For decades, the US dollar has been king on the global stage. But more and more countries are looking to reduce their dependence on the American currency, saying they want to "de-dollarize" their economies. How realistic are their plans, and how would they work? Kate Moody talks to Ruchir Sharma, chairman of Rockefeller International and founder of Breakout Capital.

The "Patriotic Bill" criminalizes comments that damage "the national interest of Zimbabwe." The move comes just months before the next election.

Find these stories and much more when you grab a copy of The Guardian on Thursday.⁣

Saudi Arabia is putting billions into tourism. Once closed to the world, the country boasts heritage and natural wonders. But it's also dealing with a conservative culture, a dire human rights record and climate change.

As Pakistan spiraled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 miles away on a list of essentials that would grant importers access to precious U.S. dollars.

As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 miles away on a list of essentials that would grant importers access to precious U.S. dollars.

Zimbabwe is set to hold its general election on August 23. A dozen candidates are vying for the presidency, but the main contest is between incumbent Emmerson Mnangagwa and leading opposition candidate Nelson Chamisa.

Eleven candiadates are hoping to unseat President Emmerson Mnangagwa in Wednesday's election. Zimbabwe's electorate is skeptical of the opposition's ability to defeat his repressive regime.

Young people in Zimbabwe, including many first-time voters, could determine the election winner. But is Jamaican dancehall music enough to win them over?

As BRICS leaders meet in Johannesburg on Tuesday, they will be sure to discuss ways to increase commercial exchanges within the bloc of emerging economies comprised of Brazil, Russia, India, China and South Africa. The group, which represents 16% of global trade, will also look to encourage the use of local currencies in exchanges. However, the Brazilian idea of creating a common currency for the bloc appears to now be on the back burner.

As Zimbabweans head to the polls this Wednesday, we take a look at the dire economic straits the country finds itself in. Inflation has gone from the single digits in 2017 to 77 percent this month, the currency has crashed against the US dollar, and high unemployment has led many to emigrate. While incumbent President Emmerson Mnangagwa has played up improved infrastructure on the campaign trail, his opponent Nelson Chamisa detailed a plan that he says will build Zimbabwe into a $100 billion economy.