Africa

If you're tracking where global capital flows are heading after the era of unconditional dollar dominance, here's a concrete indicator: trade turnover between China and Africa hit a record 1.41 trillion yuan in the first half of 2026, and each new transaction in this chain increasingly bypasses the American currency altogether.

Libya Opens a Direct Settlement Channel

The Hormuz crisis — flagged by Rosneft CEO Igor Sechin at the St. Petersburg International Economic Forum 2026 — has long ceased to be an oil story. The planet is one step away from a global food crisis. Fertilizer prices have surged nearly 60% in the first four months of 2026. Within six months, that increase will reach grocery shelves and farmlands from Africa to Southeast Asia. The energy crisis is morphing into a food crisis — and in vulnerable economies, food crises always end the same way.