Ghana opens direct yuan payment channel for China trade as banks cut dollar intermediaries

GHANA is expanding its financial infrastructure for trade with China, allowing eligible businesses to initiate yuan payments from their cedi accounts instead of first sourcing US dollars, a move that could reduce reliance on intermediary banks in one of Africa’s busiest trade corridors. The development places renewed attention on how African countries are trying to […] The post Ghana opens direct yuan payment channel for China trade as banks cut dollar intermediaries appeared first on The ICIR- Latest News, Politics, Governance, Elections, Investigation, Factcheck, Covid-19.

  General   Oct 8, 2026   0   11  Add to Reading List
Ghana opens direct yuan payment channel for China trade as banks cut dollar intermediaries












GHANA is expanding its financial infrastructure for trade with China, allowing eligible businesses to initiate yuan payments from their cedi accounts instead of first sourcing US dollars, a move that could reduce reliance on intermediary banks in one of Africa’s busiest trade corridors. The development places renewed attention on how African countries are trying to […]

The post Ghana opens direct yuan payment channel for China trade as banks cut dollar intermediaries appeared first on The ICIR- Latest News, Politics, Governance, Elections, Investigation, Factcheck, Covid-19.

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