⌜Jan⌝ on Nostr: More movement towards weaning off the #dollar, this time in #Africa: On 12 June, ...
More movement towards weaning off the #dollar, this time in #Africa:
On 12 June, President Ruto (of Kenya), speaking in the Parliament of Djibouti, asked for the introduction of a single African currency to facilitate trade on the continent.
“Why is the US dollar part of the trade between Kenya and Djibouti?” Ruto said. Arguing that intra-African trade must take place using local currencies and using the mechanisms provided by Afreximbank, in order to increase fair trade between nations...
https://news.italy24.press/trends/625440.html
On 12 June, President Ruto (of Kenya), speaking in the Parliament of Djibouti, asked for the introduction of a single African currency to facilitate trade on the continent.
“Why is the US dollar part of the trade between Kenya and Djibouti?” Ruto said. Arguing that intra-African trade must take place using local currencies and using the mechanisms provided by Afreximbank, in order to increase fair trade between nations...
https://news.italy24.press/trends/625440.html