Ecobank Taps Yuan Payments, Eyes Africa’s Trade With China

Ecobank Taps Yuan Payments, 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.

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.
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Bloomberg — Markets (EN)




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