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China’s push for a global yuan gains ground in one of Africa’s biggest oil economies

POLITICSAFRICA BUSINESS INSIDERSat, 11 Jul 2026
China’s push for a global yuan gains ground in one of Africa’s biggest oil economies

China’s campaign to expand the global use of the yuan has gained another foothold in Africa after oil-rich Angola allowed commercial banks to use the Chinese currency to meet part of their mandatory foreign-currency rese...

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