Zambia to Accept Yuan for Copper Exports Starting Next Year, as Africa Shifts Away From US Dollar: Bank Chief
00:27 15.10.2026 (Updated: 00:44 15.10.2026)

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Zambia to Accept Yuan for Copper Exports Starting Next Year, as Africa Shifts Away From US Dollar: Bank Chief
The move aims to cut currency conversion costs and stabilize the national currency, the kwacha, paving the way for potential yuan-denominated lending and currency swaps, Governor of the Bank of Zambia Denny Kalyalya told a Western media outlet on the sidelines of the International Monetary Fund Annual Meetings in Bangkok.
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