Ecobank Transnational Inc. is stepping up efforts to facilitate direct yuan payments for clients trading with China as the pan-African lender seeks to boost ties with the continent’s biggest trading partner and reduce reliance on the dollar.
Ecobank Taps Yuan Payments as It Eyes Africa’s Trade With China
Ecobank Transnational Inc. is stepping up efforts to facilitate direct yuan payments for clients trading with China as the pan-African lender seeks to boost ties with the continent’s biggest trading partner and reduce reliance on the dollar.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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