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, 2026Africa’s capital markets are deepening fast – from the Johannesburg, Nairobi and Lagos exchanges to a fintech boom banking hundreds of millions of people for the first time. The Rio Times follows the currencies (the rand, naira, cedi and shilling), the banks and IPOs, sovereign debt and the foreign capital arriving on increasingly local terms. We cover it through the same investor lens we bring to Latin America, where the emerging-market playbook is strikingly similar. This hub gathers our Africa markets and investment coverage.
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
Patrice Motsepe mining bet: ARM approves $973 million to revive the Bokoni platinum mine and restart Nkomati nickel as platinum...
July 23, 2026
Absa Group plans to fold Absa Bank Tanzania into National Bank of Commerce, creating a lender with about US$3 billion...
July 23, 2026
41 charged and 13 detained over Algeria's Aïd sheep scandal after 700,000 animals bypassed tender rules and 14,000+ died. Judicial...
July 23, 2026
Cape Verde’s 2026 World Cup debut earned $23.5 million in FIFA prize money and triggered an 800% tourism search surge,...
July 23, 2026
Guinea-Bissau freezes ties with Cape Verde after Praia demanded the release of opposition leader Domingos Simões Pereira, jailed over an...
July 23, 2026
Africa Intelligence Brief July 22 — Africa faces a day of devastating loss as 85 civilians are killed in Sudan...
July 22, 2026
Algeria's Sonatrach and Italy's Eni signed a landmark gas supply deal targeting 9 bcm/year by 2023-24, reshaping European energy security.
July 22, 2026
Senegal and France signed a letter of intent in July 2025 for a new defence framework without permanent bases, focusing...
July 22, 2026