It’s been a tough year for African currencies, which have been pressured by the commodity price slump as well as global market uncertainty. Amidst it all, both Egypt and Nigeria have decided to do away with their dollar pegs – triggering massive devaluation. This week on Africa Inc., we take a closer look at the effectiveness of a strategy like this and the longer term implications for these respective economies. And if traditional currencies are giving you a headache, perhaps a virtual currency is the answer? Tune in to find out.
