nzalendo
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- May 26, 2009
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Africa needs a single currency, it will c.rush the dollar - Nigerian journalist Kemi Olunloyo
Nigerian journalist and chemist, Dr. Kemi Olunloyo, has stirred fresh debate on African economic integration with a bold call for a single continental currency.
In a Facebook post sighted by Ghbase News, the outspoken media personality asserted that a unified African currency could rival — and even crush — the dominance of the U.S. dollar.
"Africa needs a SINGLE CURRENCY. It will c.rush the dollar straight and everything will be 1:1 again," she wrote, igniting a flurry of reactions across social media platforms.
Olunloyo posture hinges on the conversations around the African Continental Free Trade Area (AfCFTA) and deeper regional integration are gaining momentum.
Her post taps into long-standing aspirations among some African leaders and economists to establish a common currency — one that could enhance trade, stabilize exchange rates, and reduce dependency on foreign currencies.
Nigerian journalist and chemist, Dr. Kemi Olunloyo, has stirred fresh debate on African economic integration with a bold call for a single continental currency.
In a Facebook post sighted by Ghbase News, the outspoken media personality asserted that a unified African currency could rival — and even crush — the dominance of the U.S. dollar.
"Africa needs a SINGLE CURRENCY. It will c.rush the dollar straight and everything will be 1:1 again," she wrote, igniting a flurry of reactions across social media platforms.
Olunloyo posture hinges on the conversations around the African Continental Free Trade Area (AfCFTA) and deeper regional integration are gaining momentum.
Her post taps into long-standing aspirations among some African leaders and economists to establish a common currency — one that could enhance trade, stabilize exchange rates, and reduce dependency on foreign currencies.
