Economy
RMB use expands in Africa amid growing financial connectivity, trade
Guests celebrate the launch of Stanbic Bank Tanzania’s direct RMB settlement service in Dar es Salaam, Tanzania, Aug. 12, 2026. (Xinhua/Nurdin Pallangyo) NAIROBI | Xinhua | China’s currency, the renminbi (RMB), is playing a bigger role in Africa as trade with the continent flourishes. From the launch of direct RMB…
The Independent UgandaBy The Independent
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Read at The Independent Uganda →Original headline: “RMB use expands in Africa amid growing financial connectivity, trade”
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