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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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Zanzibar Approves Crypto “Cyber City” to Attract Digital Nomads
Zanzibar Approves Crypto “Cyber City” to Attract Digital Nomads
South Africa Approves 300 Crypto Firms as Regulatory Oversight Tightens
South Africa Approves 300 Crypto Firms as Regulatory Oversight Tightens
Angola Extends JPMorgan Debt Deal, Secures Extra $500 Million Financing
Angola Extends JPMorgan Debt Deal, Secures Extra $500 Million Financing
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Zambia to Seek New IMF Financing Programme After Current Deal…
U.S. Treasury Tightens Rules on Overseas Money Transfers Above $3,000
U.S. Treasury Tightens Rules on Overseas Money Transfers Above $3,000
Tether and UNODC Partner to Fight Cybercrime and Boost Digital Asset Security in Africa
Tether and UNODC Partner to Fight Cybercrime and Boost Digital…
Ethiopia Launches EthioPay, Their National Instant Payment System
Ethiopia Launches EthioPay, Their National Instant Payment System
Kenya’s Current Account Deficit Widened Sharply in Q3 2025
Kenya’s Current Account Deficit Widened Sharply in Q3 2025
Ethiopian Birr Among World’s Weakest Currencies in 2025
Ethiopian Birr Among World’s Weakest Currencies in 2025
Nigeria Equities Market Hits ₦100 Trillion on Regulatory Reforms
Nigeria Equities Market Hits ₦100 Trillion on Regulatory Reforms
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