Africa is even more diverse than the EU in terms of languages, cultures, size, climates, and histories. So, you'd think that a single currency union would then be even more difficult to pull off.
However, Africa is set to grow by 3 Billion people (~300%) in the next 80 years or so, and their standard of living is set to be on par with ~2005 Europe as well.
Africa has also had a series of very brutal wars in the past few decades that have devastated the countries and their peoples.
As other commentors have pointed out, though Europe has had a lot of troubles with their economies with the Euro, they have thus far avoided wars like the ones we saw less than 80 years ago.
If currency unions help avoid wars like the few we've seen in the Congo (sometimes termed the African World Wars with 2.7 to 5.4 million deaths) then I'd think all the countries would be very much for such a union.
Africa is even more diverse than the EU in terms of languages, cultures, size, climates, and histories. So, you'd think that a single currency union would then be even more difficult to pull off.
However, Africa is set to grow by 3 Billion people (~300%) in the next 80 years or so, and their standard of living is set to be on par with ~2005 Europe as well.
Africa has also had a series of very brutal wars in the past few decades that have devastated the countries and their peoples.
As other commentors have pointed out, though Europe has had a lot of troubles with their economies with the Euro, they have thus far avoided wars like the ones we saw less than 80 years ago.
If currency unions help avoid wars like the few we've seen in the Congo (sometimes termed the African World Wars with 2.7 to 5.4 million deaths) then I'd think all the countries would be very much for such a union.
Setting up a good system right now is not unwise.