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East Africa Set For Historic Shift As States Adopt EU-Type Monetary...

AFRICANGLOBE - With the signing of the East African Community Monetary Union Protocol, the five member countries start on a journey that will eventually see them operate a single currency, potentially transforming them into a strong single market with greatly enhanced clout in African and global trade.

Single East African Currency Encouraged

AFRICANGLOBE - A new report by African Development Bank has proposed the establishment of a single currency in the Common Market for East and Southern Africa (Comesa) member countries, a move that is seen as a stepping stone in cementing regional economic growth.
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