Absa Weighs Joining Yuan Platform on Thriving China-Africa Trade
Absa Group Ltd. is weighing joining a payments platform that facilitates direct settlement in Chinese currency, to take advantage of growing trade with Africa’s biggest trading partner.
By David Herbling · Bloomberg Markets
Absa Group Ltd. is weighing joining a payments platform that facilitates direct settlement in Chinese currency, to take advantage of growing trade with Africa’s biggest trading partner.