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Angola adds Chinese yuan to bank reserves in move to diversify foreign currency holdings

Angola has officially added the Chinese yuan to the list of foreign currencies that commercial banks can use to meet mandatory reserve requirements, marking a significant step in the country's efforts to diversify its financial system and strengthen monetary stability. The decision, announced by......

Pope Leo XIV continues marathon African tour with visit to Angola

Pope Leo XIV has continued his extensive African tour with a key stop in Angola, marking the third stage of a multi-day apostolic journey across the continent. The visit comes after a high-profile stay in Cameroon, where large crowds gathered to attend public events and religious ceremonies. In the......

Pressure mounts on Dubai’s DP World amid Epstein document revelations

Dubai-based port operator DP World faces increasing scrutiny after recent documents linked to Jeffrey Epstein raised questions about the company’s CEO, Sultan Ahmad ben Sulayem. Following the release of the records late January, both the British International Investment (BII) and Canada’s......

2026 ranking of Africa’s military powers according to Global Fire Power

Africa’s military balance remains largely stable in 2026, according to the latest Global Fire Power (GFP) ranking, despite several shifts within the continent’s top ten. The annual index evaluates the military strength of 145 countries worldwide using more than 60 indicators related to manpower,......

Angola and India strengthen partnership through new economic and technological agreements

Angola and India have agreed to deepen their bilateral relations by expanding cooperation in areas such as trade, investment, technology, energy, and defense, marking a new stage in their economic partnership. The announcement followed the historic first state visit of Indian President Droupadi......

Qatari fund pledges $70 billion investment in Southern Africa

The Qatari investment group Al Mansour Holding has announced a $70 billion investment package across four Southern African countries, a move observers see as a strategic shift amid the sharp decline of U.S. aid to the continent. Sheikh Mansour bin Jabor bin Jassim Al Thani, the founder of the fund and......

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