A Call to African Unity

This month's paper, written by Professor Mammo Muchie, examines the necessity for a pan-African monetary union.  Professor Muchie argues for the "the creation of a unified African strategy and unified approach to dealing with the outside donor world by neutralising the poison of money as honey that donor aid has come to be in Africa." He provides a historic and contemporary context for the unification of monetary and customs systems across Africa and argues for a dual currency system for the self-financing of African development and for sustained self-determination.