Exclusive: Ecobank in yuan‑settlement talks with Bank of China amid Africa trade shift
(www.reuters.com)
from schizoidman@lemmy.zip to world@lemmy.world on 21 Apr 14:45
https://lemmy.zip/post/62944928
from schizoidman@lemmy.zip to world@lemmy.world on 21 Apr 14:45
https://lemmy.zip/post/62944928
Pan-African lender Ecobank is in talks with Bank of China to launch a direct local-currency-to-yuan settlement product for its customers by year end, its group CEO said, citing rising trade and commercial ties between Africa and China.
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