Africa

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Brazil Launches BRICS Trade Mission to Boost Southern Africa

Brazil launches a trade mission to southern Africa, targeting South Africa, Zambia, Mozambique, and Ethiopia from August 26 to September 2, 2026.India has signed...
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Yuan Gains in Africa as $400 Billion Trade Shifts From Dollar

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...
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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...
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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...
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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...
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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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ImmunityBio founder touts sepsis trials, NantX after Binance theft

Patrick Soon-Shiong renewed his “NantX coming soon” teaser after a $6.3 billion Binance theft, spotlighting a separate financial-services venture.ImmunityBio...
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Crypto.com Shuts Hong Kong App, Eyes Institutional Exchange

crypto.com will shut down its consumer app in Hong Kong on Feb. 1, 2027, citing regulatory changes.Affected users have...
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Kim Yo Jong denies North Korea behind Binance hack, hints US

Kim Yo Jong denied North Korea's involvement in the $6.3 billion Binance hack and rejected the FBI's attribution of...