Tag: six

The Industrial and Commercial Bank of China (ICBC) in Hunan province launched a new cross-border China-Africa currency center on Tuesday to facilitate transactions between Chinese yuan and six African currencies including the Kenyan shilling, Nigerian naira, Botswanan pula, Ghanaian sedi, and the Zambian kwacha.

China's unfolding drama in the Democratic Republic of Congo took an unexpected turn on Tuesday evening when Wu Peng, Beijing's top diplomat for sub-Saharan Africa, announced on Twitter that the Chinese government will prosecute six small mining companies that operated illegally in the far eastern ...