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Can Ecobank turn China’s yuan payments into profit?

Jeremy Awori, Group CEO of Ecobank Transnational. Photo @Ecobank
Jeremy Awori, Group CEO of Ecobank Transnational. Photo @Ecobank

Brandon Orion Mensah

Brandon Mensah tracks Africa’s markets, uncovering the forces shaping investment, policy, and financial trends.
  • Ecobank targets more payment, lending from Africa–China trade.
  • Standard Bank’s CNY8bn transaction milestone highlights demand

 

BEIJING, CHINA — Ecobank is betting that easier yuan payments will unlock more lending and treasury business from companies trading across Africa and China.

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