Knowledge Economic Communities before Single African Currency

TED Fellow Ndubuisi Ekekwe writes in Nkpuhe:

Let us we focus on advancing technology and knowledge capital in Africans to mitigate the impacts of trade shocks across the continent. This will help the continent better prepare for the cyclical ups and downs. Let Africa build technology clusters and advance knowledge. It is a better idea of having integration when regions join resources to create Knowledge Economic Communities (KEC). If African regions are connected through technology partnerships and networks, we will realize that currency integration will evolve naturally in this already interconnected world. Our monetary structures are weak and a single currency could hurt Africa deeply since our national budgets are still deficits-prone. Greece has offered a practical lesson for African scholars of current integration and we have to plan very well.