Chinese invasion in Africa: Kenya considering adopting Chinese Yuan as a reserve currency

  Central Bank of Kenya (CBK) Governor Patrick Njoroge on Wednesday confirmed that Kenya was considering adopting the Chinese Yuan as a reserve currency. Njoroge was at the Guangzhou-Foshan Nairobi Business forum when he was questioned on the issue by a Chinese gentleman. In response, Njoroge highlighted the dynamics of the world economy before stating that the move was ‘inevitable’. “It […]