This is another milestone set by Beijing to be in the court of the great powers, those whose currency refers. As of January 1, the yuan (or remimbi) rub shoulders with…
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Constructed on the outskirts of Angola's capital city Luanda, Nova Cidade de Kilamba has 750 eight-storey blocks of flats, a dozen schools and more than 100 shop units.
China buys its first African colony for a meagre $40 million - CapX
Zimbabwe is back in the news. Or, it was. For about two days. European and Western media have dutifully reported on the series of painful economic crises the country has suffered since independence with the occasional “so-bad-it’s-funny” article on the birthday celebrations of the country’s long-time President Robert Mugabe. But the full tragedy is that …