The recent development from South Africa demonstrates that unity in the BRICS alliance is a joke. While the 11-member bloc is all about strengthening each other’s economies on paper, the…
The South Africa NDP MoU with the BRICS New Development Bank was signed at the G20 Leaders’ Summit in Johannesburg, and it actually marks a significant step for the country’s…
BRICS gold October 2025 data actually shows India’s gold reserves reached around $102.365 billion by early October while South Africa’s combined reserves increased from $67.865 billion to $69.364 billion. India…
A BRICS yuan loan agreement was signed this week between China Development Bank and the Development Bank of Southern Africa, and it marks a significant shift in how BRICS financing…
The BRICS trading system launched a precious metals exchange in October 2025 that allows nations to trade gold, platinum, and rare earth minerals without US dollars. This trade currency initiative…
XRP cross-border payments are positioned for significant growth as Russia’s Central Bank explores XRP for international settlements and Ripple expands custody services into Africa. According to a 2020 Central Bank…
The BRICS Pay system is receiving interest from the European Union, countries from South America, and Africa. The alliance is strategically expanding its global footprint by allowing many countries to…
China invests in BRICS and this reached a major milestone right now as Beijing announced a massive $10 billion investment into South Africa’s economy, and it’s actually focusing on ports,…
Reports have disclosed that Ripple has moved to introduce its US dollar–backed stablecoin, RLUSD, into African markets through deals with established regional fintech firms.Related ReadingThe token, which debuted in late…
Ripple, the payments-focused digital asset firm, is expanding its U.S. dollar-backed stablecoin Ripple USD (RLUSD) to institutions in Africa through new partnerships with Chipper Cash, VALR and Yellow Card distributors.The…
