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US Tariff Risks Spur African Shift From Dollar, Ecobank Says
Bloomberg
Published about 9 hours ago

US Tariff Risks Spur African Shift From Dollar, Ecobank Says

Bloomberg · Feb 26, 2026 · Collected from RSS

Summary

Volatile US tariff policy is accelerating efforts in Africa to reduce reliance on the dollar in trade settlements, with companies exploring greater use of China’s renminbi and local currencies, the head of pan-African lender Ecobank Transnational Inc. said.

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