Paul Kagame Calls for African Common Currency Backed by Natural Resources

Nov 27, 2025 - 20:47
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Paul Kagame Calls for African Common Currency Backed by Natural Resources

Paul Kagame Calls for African Common Currency Backed by Natural Resources

Rwandan President Paul Kagame has emphasized the need for Africa to establish a common currency backed by the continent’s vast natural resources rather than relying on the U.S. dollar or the euro.

Speaking on Africa’s economic dependency, Kagame argued that as long as Western nations control the currencies African countries rely on, they will continue to influence and direct African economies.

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