Zambia Embraces Yuan for Mining Taxes, Spearheading Africa’s Shift from the Dollar

Jan 01, 2026 In a landmark decision that underscores a major shift in global economic alignments, Zambia has become the first African nation to officially accept the Chinese yuan for the payment of mining taxes and royalties. This strategic move, initiated in October 2025, not only strengthens the growing economic partnership between China and Africa […]

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