8 MARCH 2023: INTERNATIONAL WOMEN’S DAY
Building inclusive innovation and technology ecosystems must be at the heart of efforts to leverage the potential of innovation and technology to support the economic, social, and political development of women and girls in Africa. Together, we can create an inclusive tomorrow, both online and offline.
HAPPY INTERNATIONAL WOMEN’S DAY
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💱 Africa Joins China’s Push to End Dollar Dominance
The global balance of financial power is shifting—and Africa is right at the heart of it. By joining China’s Cross-border Interbank Payment System (CIPS), 53 African nations can now settle trade directly in yuan, bypassing the U.S. dollar and Western clearing banks. This move not only shields economies from dollar volatility and sanctions but also gives Africa new leverage in global trade. The question is no longer if the dollar’s dominance will fade, but how Africa will shape the next era of global finance.