SOURCE(NAIJAPALABA.COM)-African countries should hasten the adoption of the Chinese legal tender — yuan — as a reserve currency amid increased bilateral trade with China, a Kenyan economist said. Bernard Ayieko, a Nairobi-based economist said in a commentary published by the Business Daily newspaper that the adoption of the yuan would boost the ability of African countries to attract new investments and trade favourably at the global market. “The Chinese growing influence and the increase in Sino-Africa relations have brought to the fore a debate on the African countries’ need to adopt the renminbi as a currency reserve,” Ayieko added.

Read more at: https://naijapalaba.com/politics/kenyan-economist-roots-for-adoption-of-yuan-as-reserve-currency-in-africa/

Kenyans will definitely reject the idea..

The people that are still grumbling about Jomo's head on their shilling notes