Angola–UAE Non-Oil Trade Hits $2.1 Billion as Diversification Push Accelerates
Angola–UAE non-oil trade reached $2.1 billion in 2024, driven by diamonds and logistics, with a CEPA targeting $10 billion annually...
July 19, 2026Section
Southern Africa
Southern Africa – South Africa, Angola, Zambia, Zimbabwe, Mozambique and Botswana – anchors the continent’s deepest capital markets and its richest seams of platinum, copper, gold, diamonds and gas. The Rio Times follows the rand, the Johannesburg market, mining and energy deals, and the South Atlantic ties that increasingly link the region to Brazil and Latin America. This hub collects our daily Southern Africa coverage for investors and expats.
Browse by themeAfrica Critical Minerals · Africa Energy · Africa Markets & Investment · Africa & Latin America · Africa & the Great Powers · Doing Business & Living in Africa
Angola Slashes Benchmark Interest Rate by 125 Basis Points to Spur Growth
Angola interest rate cut slashes benchmark 125 basis points to 15.75% as June 2026 inflation hits 11-year low of 10.11%....
July 19, 2026
South Africa’s Cue Raises $5 Million to Scale AI Customer-Service Platform
South Africa’s Cue banks $5M Series A for its AI customer-service platform handling 500M+ conversations yearly. Funds target voice AI,...
July 18, 2026
South Africa’s Anti-Migrant Crackdown Intensifies, Thousands Flee
South Africa’s anti-migrant crackdown has seen over 53,000 people deported or repatriated in weeks, as vigilante violence and state operations...
July 17, 2026
Russia Offers to Secure Mozambique’s Gas, Triggering Europe’s Energy Nightmare
On 9 July 2026, Sergey Lavrov offered to secure Mozambique’s $20 billion gas hub, threatening Europe’s alternative to Russian energy.
July 17, 2026Mozambique Secures a $573 Million Funding Deal With Portugal
Portugal unveils a €500M state-backed credit line at Porto summit to de-risk corporate investment in Mozambique’s agribusiness, gas, and renewables...
July 16, 2026BRICS+ 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
South Africa’s Coalition Fears Rattle Markets and Investors
South Africa coalition fears erase 1.7% from the rand and hit bonds after ANC’s 39.7% vote share forces talks with...
July 15, 2026Angola 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