Zuma advocates for single African currency

# Former President Jacob Zuma has urged the introduction of a single African currency to strengthen continental trade. Speaking at the University of Professional Studies in Accra, Ghana, Zuma argued that reliance on the US dollar hinders intra-African commerce. He said a unified currency could lower transaction costs, simplify trade, and promote economic unity. While the idea aligns with the African Union and African Continental Free Trade Area goals, experts warn that economic disparities, differing monetary policies, and political resistance make its implementation a long-term challenge.