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Adopting the yuan, also known as the renminbi, or RMB, would make it easier for African countries to pay back loans to China.
But it could also increase reliance on an economic and development partner that’s come under increasing scrutiny for the conditions it places on deals with African partners.
Multibillion-dollar loans to fund Chinese infrastructure projects tied to the Belt and Road Initiative represent sizable portions of some African economies. In Djibouti, for instance, infrastructure loans from China equal 75 percent of GDP, according to the Center for Global Development.
Repaying those loans might not be straightforward.