Africa

The Chinese yuan is gaining significant ground in African trade settlements, challenging the US dollar's historical dominance.Trade between China and Africa is nearing $400...

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

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'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...

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 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 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...