africa watch

Africa is fully endowed with resources but what is still disheartening is the situation that it has still the most poorest economies in the world. I think the time has now arrived that we need to take a view of the causes of such a trail as Africans and come up with our own African solution to the situation. First of all it is better for us to understand the difference between the economy and politics. It is clearly notable that the economies of almost all African countries are in the hands of the ruling governments hence the risks of poor steward ship.The best move here which can left us as a continent in a better position is by forming African centered organizations which can come up with different positive views which can help us form a road map to the trimphuant. One issue the panel should take into consideration is the readjustment of the AFRICA DVT BANK so that the bank can be able to issue a currency which will find its way to circulate in all counties providing borrowing by different governments. Since dollarization is not only about adopting the US dollar but any other currency i think Africa should dollarize without disallowing member countries to use their own currencies to provide room for localized adjustments of the monetary policy. Africa has a lot to learn from the European union in order