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As BRICS Pay rises, Africa rethinks cross-border payments
Africa’s long-fragmented cross-border payment systems may be on the cusp of transformation, driven by emerging alternatives to Western-dominated networks like SWIFT. The launch of BRICS Pay — a decentralized platform aiming to settle transactions in local currencies — signals a broader push to reduce reliance on the U.S. dollar and challenge the geopolitical sway it […]
Three killed in Algerian military helicopter crash
Frequent crashes have become a dilemma for the Algerian military with three killed in a military helicopter on Feb 7, in an accident that raises questions over the efficiency of maintenance and acquisition choices. The Russian-made MI-171 aircraft crashed on Wednesday night around 9:00 p.m. local time (2000 GMT) near the airport in the oasis […]
US urged to renew AGOA in order not to ‘lose economic ground’ in Africa to China
The United States is “missing an incredible window of opportunity” in Africa, a senior executive in US company told the US Senate Committee on Finance, urging a “quick renewal” of the African Growth and Opportunity Act (AGOA) that will have the largest impact on the US business interests on the African continent. SanMar Corporation’s general […]



