Africa

China’s Yuan Surge: Africa, BRICS Erode Dollar Dominance Now

Standard Bank enabled direct yuan settlements with China in June 2025, cutting settlement times from days to seven seconds and lowering costs by 98%.CIPS...

South Africa Signs MoU with BRICS NDB to Boost Infrastructure Funding

South Africa signed a significant MoU with the BRICS New Development Bank at the G20 Leaders’ Summit in Johannesburg to boost infrastructure financing.The NDB...

Africa Leads Green Bitcoin Mining Revolution Amid Hashrate Challenges

Africa is leading Bitcoin mining growth in 2025, using it to address energy and infrastructure challenges.Africa's share of global Bitcoin mining hashrate is nearly...

India, South Africa Lead BRICS Gold Reserves Growth Oct 2025

India's Gold reserves reached approximately $102.4 billion by early October 2025, mainly due to price increases rather than new purchases. South Africa increased its combined...

Africa Gains Global Leverage as BRICS Launches Precious Metals Exchange

The BRICS trading system launched a new precious metals exchange in October 2025, enabling trade in Gold, platinum, and rare earth minerals without using...

Ripple, Absa Bank Partner to Offer Digital Asset Custody in Africa

Ripple partners with South African bank Absa to offer digital asset custody services to customers.Absa is the first major African bank to work with...

Ripple, Absa Bank Launch Major Crypto Custody Partnership in Africa

Ripple is expanding its digital asset custody services to Africa through a partnership with Absa Bank in South Africa.Absa Bank becomes Ripple’s first major...

Bitcoin Adoption Grows in El Salvador, Africa, and Vancouver Merchants

Bitcoin continues to gain traction as a medium of exchange worldwide, especially in local economies.Merchant acceptance of Bitcoin is rising, with numerous businesses now...

Latest news

MicroStrategy Halts Bitcoin Buys Before Earnings Report

Strategy, the world's largest corporate Bitcoin holder, has paused its crypto purchases ahead of its Q1 earnings report this...

Wall Street Fears North Korean Hackers, Seeks Blockchain Guardrails

Financial institutions are increasingly worried about their legal duty to stop state-backed Hackers like North Korean groups from accessing...

Wall Street Seeks Blockchain Guardrails Against North Korean Hackers

Beyond the Kelp DAO hack, Wall Street firms are increasingly concerned about their fiduciary duty to prevent state-sponsored bad...