Afreximbank PAPSS Expects China and India Links by Early 2027
The head of Africa's cross-border payment system expects links to China, India and Brazil in the first quarter of 2027....
September 16, 2026Topic
de-dollarisation
A Libyan Bank Is About to Put China’s Payment App in Its Customers’ Hands
Libya Alipay payments are coming: North Africa Bank says customers will soon pay Chinese suppliers by phone, as Libyan banks...
September 8, 2026
Kenya Moved Three Railway Loans Out of Dollars and Into Yuan
Kenya yuan debt has more than doubled to 11.7% of external borrowing, worth about US$5.1bn, after three SGR loans were...
August 21, 2026
Standard Bank Becomes Africa’s Gateway to China’s Yuan Payments
Standard Bank is the first African bank to access China’s CIPS payment system and, since June 2026, an authorised yuan...
August 11, 2026
Tanzania Gold Reserves Hit US$3.8 Billion in Dollar Shift
Tanzania gold reserves surged to 27.5 tonnes valued at US$3.8 billion, now over 60% of foreign reserves. The shilling gained...
July 25, 2026
Angola Embraces China’s Yuan in Banking Reserve and Payment Shift
Angola’s central bank added China’s yuan as a reserve currency in July 2026 as lenders BFA and BAI prepare to...
July 23, 2026
BRICS+ Builds Coordinated Critical-Mineral Strategy with South Africa, Egypt, Ethiopia
BRICS+ is moving toward a coordinated critical-mineral strategy with South Africa, Egypt and Ethiopia positioned as key hubs for exploration,...
July 15, 2026
Nigeria Pushes Yuan and BRICS Currencies to Ease Dollar Pressure
Nigeria renewed a $2B yuan swap line and joined BRICS to settle trade in yuan and BRICS currencies, saving importers...
July 15, 2026 Angola Adds the Chinese Yuan to Its Central Bank Reserve Requirements
Chinese yuan reserves — Angola’s central bank has added the Chinese yuan as a fourth eligible currency for bank reserve...
July 14, 2026