Tag: African dedollarization roadmap

Home African dedollarization roadmap
African Dedollarization Roadmap: How Countries Are Trying to Rebuild Trust in Their Own Currencies
Post

Dedollarization Roadmap: What It Means for Ordinary Citizens and African Economies

Dedollarization roadmap Across Africa, several countries operate with dual or foreign-currency-based monetary systems. Zimbabwe uses the US dollar alongside the ZiG. Others such as Zambia, Angola, Mozambique, and Nigeria have all experienced periods where foreign currencies dominated local transactions. These systems often emerge during economic crises, when inflation destroys confidence in domestic money and people...