Browsing Tag
Africa
16 posts
BRICS ‘Ready To Work’ With All Countries To Ditch US Dollar
BRICS member Russia is pushing the de-dollarization initiative in Africa urging nations to trade in local currencies and…
BRICS: China Pushes Yuan in Africa, Reduces US Dollar Debt Repayment
The US imports its debt around the world making other countries carry the risk of hoarding the currency.…
BRICS: Africa to Ditch US Dollar as World Bank Fails To Provide Funds?
The BRICS alliance invited six new countries to join the bloc after the 15th summit in Johannesburg last…
BRICS: $2 Billion Copper Trade To Be Paid In Chinese Yuan, Not US Dollar
BRICS member China is convincing African nations to ditch the US dollar and trade in the Chinese Yuan…
BRICS To Spread De-Dollarization in Africa Through New Member Ethiopia
The 15th BRICS summit in August this year was historic as the alliance inducted six new countries into…
BRICS: African Countries to Ditch U.S. Dollar & Embrace New Currency?
BRICS is inspiring several developing countries in Africa to ditch the U.S. dollar and trade in their respective…
BRICS: China & Africa to Sign $19 Billion Deal, Trade in Chinese Yuan
In the latest BRICS developments, China is advancing to generate a trade deal worth $19 billion with Africa…
Here’s How Africans Use Bitcoin Without Internet Access
For the past few years, Africa has registered significant activity with respect to Bitcoin. Several reports by Chainalysis…
BRICS Alliance Targets US Allies in Expansion Efforts
Amid its growing relevance in the global economy, the BRICS alliance is set to target US allies in…
African Nations Could Embrace BRICS Currency Instead of the U.S. Dollar: Economist
The ongoing global financial crunch and confrontational U.S. foreign policy have led to BRICS countries deciding to ditch…