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BRICS Loans in Chinese Yuan Attract Developing Nations Over Costly US Dollar
Posted inAfrica Economy Press Release Trends

BRICS Loans in Chinese Yuan Attract Developing Nations Over Costly US Dollar

Posted by By Akachukwu Chukwuma 03/09/2025
Developing nations shift to Chinese yuan loans from BRICS, citing lower borrowing costs and massive…
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South Africa Plans Sweeping Derivatives Market Reforms to Reduce Systemic Risks
Posted inAfrica Economy Events Exchange

South Africa Plans Sweeping Derivatives Market Reforms to Reduce Systemic Risks

Posted by By Akachukwu Chukwuma 25/08/2025
South Africa is tightening oversight of OTC derivatives, introducing new clearing and capital rules to…
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South African Currency, Rand Falls to New Low Against the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia
Posted inNEWS

South African Currency, Rand Falls to New Low Against the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia

Posted by By Ekenedilichukwu 14/05/2023
The forex exchange rate of the South African currency Rand,  against the dollar fell to…
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A new Scan to Pay and MoneyBadger integration lets South Africans spend crypto at over 650,000 retail outlets nationwide.
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Uganda Launches CBDC Pilot Backed by Treasury Bonds as Kenya’s…
Kenya Passes Virtual Asset Bill, Nears Enactment of First Comprehensive Crypto Law in Africa
Kenya Passes Virtual Asset Bill, Nears Enactment of First Comprehensive…
Dubai’s VARA Fines 19 Unlicensed Crypto Firms Up to $163K for Violating Marketing and Licensing Rules
Dubai’s VARA Fines 19 Unlicensed Crypto Firms Up to $163K…
Nigeria Opens October 2025 FGN Savings Bonds with Attractive 14.06% and 15.06% Annual Returns
Nigeria Opens October 2025 FGN Savings Bonds with Attractive 14.06%…
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Bitcoin Hits Record $125,700 as US Shutdown and ETF Inflows…
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Nigeria’s CBN and SEC Join Forces to Build a Sustainable…
Nigeria’s Money Supply Rises to ₦119.52 Trillion as Government Borrowing Declines
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