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China Pushes for Global Shift to Yuan Use

 China has rolled out an ambitious new plan to expand the use of its national currency, the yuan, in international trade and investment. The move, revealed by the People’s Bank of China earlier this week, seeks to gradually reduce reliance …
April 24, 2025

Tanzania Suspends Crop Imports from Two Nations

The Tanzanian government has made the decision to suspend the importation of certain agricultural products from South Africa and Malawi, following what it says is a lack of reciprocity from the two countries in opening their markets to Tanzanian produce.…
April 24, 2025

African Nations Shift Capital Focus To Gold

A significant shift has occurred in the economic landscape of several African nations. As traditional avenues of financial support, particularly international aid from the United States and other Western nations, have begun to dwindle, many African leaders are turning their …
April 22, 2025

Gold Climbs to Record High of $3,500 Per Ounce

Gold prices have surged to a historic high of $3,500 an ounce, marking a major moment in the global financial landscape as investors increasingly turn to the precious metal in search of safety amid mounting economic and political uncertainty. The …
April 22, 2025

IMF Reaches Preliminary Deal to Disburse $441 Million

The International Monetary Fund (IMF) has reached a preliminary agreement with the Tanzanian government that, once formally approved, will unlock approximately $441 million to support the country’s economy. This announcement follows the completion of the fifth review under the Extended …
April 18, 2025
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