“The five nations in the East African Community regional economic bloc (EAC) have signed an agreement to adopt a common currency.” The five nations include Burundi, Kenya, Rwanda, Tanzania and Uganda. The monetary union will be established in 10 years.
The EAC began 13 years ago with the goal of creating a common customs union, market, monetary union and a political federation of East African states.
Regionalization is a giant step toward globalization. Bringing the nations together in an economic and monetary union is a form of consolidation, which is also a form of centralization of control.
Globalization of the economy, along with politics, is important to globalization of worship as described in Revelation 13:8, which says, “all that dwell upon the earth shall worship him,” meaning the beast or antichrist. After all, money and the control of money is at the root of political unity. To enforce global worship, there must be global control of money.
These African nations are well on their way toward the goal of monetary globalization.