Africa
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Currencies
Zimbabwe introduces gold-backed currency to combat inflation
Zimbabwe has taken a significant step in addressing its ongoing currency challenges by introducing a new foreign exchange and gold-backed…
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Currencies
After BRICS, 3 New Countries Ready To Launch Own Currency
BRICS is not the only alliance that is looking to topple the US dollar as the world’s reserve currency. It…
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Currencies
Senegal’s opposition hopes promise of new national currency will win votes
The economy is expected to prove a key issue in Senegal’s upcoming elections. With campaigning for the 24 March polls in…
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Currencies
How did the situation get so bad? – Firstpost
Women sell smoked fish at a Mile 12 Market in Lagos, Nigeria. AP Nigeria’s currency, the naira, has plummeted to…
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Investment
Global green transition is re-energising China’s investments in Africa after pandemic slowdown
Meanwhile, East Asian belt and road countries expanded their intake of Chinese investments by 94 per cent to US$6.8 billion…
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Currencies
Chinese yuan gives US dollar a run for its money as African trade embraces other currencies
But it was in the southern nation of Zambia where BOC established its first African subsidiary, allowing customers to make…
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