The original reason why I believe a single African currency would not work. Below is how we could attempt to make it work. The many currencies of Africa. To prevent destabilization, there could be two currencies: The Lami for countries lying mostly north of the equator & the Ng'ombe for countries mostly south of the equator. Both currencies would be independent with the Lami having it's bank & headquarters in Addis Ababa while the Ng'ombe could have it's bank & headquarters in Nairobi. N.B.: Gabon, Congo-Brazzaville, DRC & Kenya would use the Ng'ombe currency while Uganda & Somalia would use the Lami currency. North of equator = Lami South of equator = Ng'ombe More stable countries with higher GDP per capita could be first to use the new currencies i.e. Seychelles, Mauritius, Gabon, Botswana, Libya, Equatorial Guinea, South Africa, Algeria, Namibia, Cabo Verde, Tunisia,...
I've been studying Vusi Thembekwayo for a while, I noticed that he grew up as a Model C kid but the difference is he took his hustle overseas & excelled. Now, there already is a running joke that Model C kids are arrogant & forward... when you take that & give it extra privilege, you likely could have a dangerously big-headed individual. Luckily, for us, our Thembekwayo hasn't become an egomaniac yet. But, watching his interview a few weeks or months back on TV taught me how rich people think. Rich people have this "rich" laugh, excuse the pun. All of them. That haughty "You mean nothing" laugh. Now, as a common individual, you start thinking "Which reality do these people live in?" And that's when it clicked for me. These people don't live in our reality. They can have anything they want, whenever they want. Nando's & Spur is not a treat for these people. They could have Nando's & Spur every single day, three ...