Africa
News
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...
News
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...
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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...
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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...
News
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...
News
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...
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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...
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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
US Lags on Fast-Growing Tokenization Oversight
Tokenization is rapidly moving traditional financial assets onto blockchains, moving digital assets from speculation to infrastructure.U.S. regulatory frameworks are...
US to Allow Crypto Perpetual Futures Within Weeks: CFTC
CFTC Chair Mike Selig announced plans to bring perpetual futures trading to the U.S. within weeks, reversing a previous...
Standard Chartered Appoints Naveen Mallela Global Head of Payments
Standard Chartered has consolidated its payment divisions and appointed Naveen Mallela as Global Head of Payments.Mallela joins from J.P....
