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African Export-Import Bank Mulls First Offshore Yuan Loan
African Export-Import Bank is planning a $1 billion syndicated loan that could include an offshore yuan tranche, according to people familiar with the matter, in what would be its first foray into the offshore renminbi market amid growing China-Africa trade ties.
BloombergBy Aileen Chuang and Apple Ka Ying Li
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Bloomberg.
Read at Bloomberg →Original headline: “African Export-Import Bank Mulls First Offshore Yuan Loan”