Macro Finance
Ecobank Taps Yuan Payments as It Eyes Africa’s Trade With China
Bloomberg Markets·October 9, 2026·1 min read
Ecobank Transnational Inc. is expanding direct yuan payment services for clients trading with China, aiming to strengthen ties with Africa's largest trading partner and reduce dollar reliance. The pan-African lender's move reflects growing demand for renminbi settlement across the continent's trade corridors.
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