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Ecobank Taps Yuan Payments as It Eyes Africa’s Trade With China

Bloomberg 55 min ago

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 is a short extract from a report by Bloomberg. The full text stays with the publisher — follow the link to read it there.

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