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Ethiopia & Djibouti Could Cut Dollar Reliance via Pan-African Payment System: Analyst

Ethiopia & Djibouti Could Cut Dollar Reliance via Pan-African Payment System: Analyst

Sputnik Africa

Ethiopia & Djibouti Could Cut Dollar Reliance via Pan-African Payment System: AnalystThe two countries—which have "one of the biggest bilateral trade... 20.10.2026, Sputnik Africa

2026-10-20T14:46+0200

2026-10-20T14:46+0200

2026-10-20T15:04+0200

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Ethiopia & Djibouti Could Cut Dollar Reliance via Pan-African Payment System: AnalystThe two countries—which have "one of the biggest bilateral trade arrangements"—can now have their central banks settle trade in the Ethiopian birr and the Djiboutian franc, financial economist Merid Fikreyohannes told Sputnik Africa."That's the immediate benefit, at least if you just see it from a trade settlement perspective."Subscribe to @sputnik_africa Sputnik Africa | X

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