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South Africa’s central bank chief said that adopting an African currency was a political project that was unlikely to succeed as it was difficult to attain "macroeconomic convergence". 

South africaCape townWestern capeUnited statesUnited arab emiratesSaudi arabiaAugustin ntebeNaledi pandorAfrican central bankAfrican economic communityAfrican unionEuropean unionBloomberg newsSingle currency