NewStats: 3,261,968 , 8,175,679 topics. Date: Saturday, 31 May 2025 at 09:50 AM 2d456

Anthony Maruping, AU Commissioner for Economic Affairs, said the Union was mooting the idea to adopt a single currency, as part of the Agenda 2063 road map.

He said in Johannesburg on Friday that it was aimed at connecting Africa through world class infrastructure with a concerted push to finance and implement major projects.

Maruping said all African central bank governors have already met and deliberated on the establishment of an African monetary fund.

He expressed the hope that the move would be the end result of the Agenda 2063.

Maruping said leaders of Kenya, Uganda, Tanzania, Rwanda and Burundi have already signed a protocol in Kampala for the adoption of a common currency in the
next 10 years.

He said many economists and experts believed that the ambitious programme of an African single currency was achievable. “The Payment Systems Steering Committee of the Southern African Development Community (SADC) has also proposed a system to facilitate cross-border payment and settlement.

“This system will allow the settlement of payment transactions in a central location on the basis of a single currency.

“This model will initially be tested on the current common Monetary Area countries that use the South African rand,” he said.

http://www.pmnewsnigeria.com/2015/06/12/au-summit-nigeria-others-consider-single-currency-port/

That is a good move I think,Ghadafi also raise this idea years back but westerner use it against him......... I it 100% because it will help our economy

Good way to go!

Whatever currency they adopt, let 1 unit of it be equal to 1 dollar.

Cool

So far their won't be disagreement in future...

.

end time things

I don't approve

Pls just like dis comment for nothing.

Hope they adopt the naira.

kodded:

that one talk oooh

And this is another prophecy of the end of times coming to again


Soon, the whole world will adopt one currency and we will be getting closer there

Datz gud......bt dat si if buhari undstnd wat dat means,
Our Presido no dey hear grammar

I pray oh!```

That can't work out at this time.

Orisirisi

K

it will definitely promote African unity.



The question now is How long will this unity last before countries start withdrawing from the agreement?


cos it will definitely not last forever.

time will tell...

ALL IZZ WELL

Nice...
Hw I wish it can happen (the Currency 1)...
But that Single port ..Nigeria go Empty oo ..unless there is proper regulation....
If not ...

i pray it works. it will help strengthen the relationship among africa states

There is noting like end time things here!! Europe has been using this for quite a long while now...Africans n their slave mentality!!

port ? Yes; Currency ? Should be Naira so Nigeria can make money from exchange rates differentials.

I guess the 'Greek' countries on the continent will seek help from the 'German' ones, no?

It begins with regional integration.

If AU is talking about one then rapture is at the door step. All bible prophecies about the is almost getting fulfilled.

With this level of curruption Learn from europ