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Why Ecobank's new moves in China matter for Africa's cost of capital
Earlier this month, Ecobank Group, a pan-African banking conglomerate, signed a Memorandum of Understanding (MOU) with China's Cross-Border Interbank Payment System (CIPS) to bolster its RMB payment infrastructure between African countries and China. The official signing ceremony in Beijing took place in the presence…
African BusinessBy Etsehiwot Kebret
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Read at African Business →Original headline: “Why Ecobank's new moves in China matter for Africa's cost of capital”
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