The Nilar:
A Gold-Based Currency for African Economic Sovereignty
Rooted in Africonomics. Grounded in justice. Built for freedom.
What Is the Nilar?
A gold-based currency for African monetary sovereignty, economic stability, and prosperity.
The Nilar is a principled monetary framework and gold-based currency system developed to empower African nations to reclaim monetary independence, restore honest money and economic stability, and build structurally just, thriving economies. It is not merely an alternative currency—it is a transformative economic model proposed by Africonomics.
Unlike fiat currencies imposed by former colonial powers or managed through inflationary central banks, the Nilar is based on natural-moral law principles and designed to protect people’s purchasing power, property rights, and economic sovereignty. It provides a stable, decentralized, and ethical foundation for trade, savings, investment, and development across the continent.
A gold-based currency for African nations,
The Nilar is backed 100% by gold and offers stability, trust, and value retention over time.
Grounded in Africonomics and natural-moral law,
The Nilar reflects a moral and civilizational commitment to truth, sound money, voluntary exchange, and human dignity—rejecting fiat money manipulation and coercion.
Designed to restore sound money, monetary sovereignty, and economic stability,
It empowers African economies to decouple from colonial-era currencies and inflation-prone fiat systems, laying the foundation for long-term prosperity and self-determination.
Why Africa Needs the Nilar
Ending monetary dependency. Rooting out Economic instability. Restoring African sovereignty.
Africa remains trapped in a cycle of monetary dependence and fiat-induced economic injustice, instability, and impoverishment. While the continent has made strides in development, its monetary systems remain colonial in structure and statist in design, leaving nations vulnerable and trapped in debilitating inflation, arbitrary currency devaluation, and external control.
The Nilar offers a principled and transformative way forward. It corrects this inherited dysfunction and is a liberating force for African nations seeking true economic independence, structural justice, and monetary stability.
The Dangers of Fiat Currency and Inflation
Fiat currencies, created by decree and not backed by real value, are inherently unstable and fraudulent—as the Africonomics Theory of Monetary Justice has decisively demonstrated. They are subject to manipulation, devaluation, and confiscation through inflation, silently eroding the wealth and savings of the majority. Fiat monetary systems are a central and confiscatory structural injustice in contemporary statist socioeconomic systems. African countries that rely on fiat systems remain at the mercy of foreign central banks, external shocks, and artificial boom-bust cycles.
The Colonial and Neocolonial Legacy of Monetary Dependence
African monetary systems were shaped by colonial powers—and in many cases, those powers still exert control. From direct monetary governance to indirect dependence on foreign-denominated reserves and international financial institutions, African nations remain economically subjugated. The Nilar is an effective and liberating alternative.
Why Existing “African Currencies” Remain Colonial Extensions
The CFA Franc, still used by 14 countries in West and Central Africa, is a stark example of lingering colonial control. Pegged to the euro and guaranteed by the French Treasury, it denies member states true monetary sovereignty. Even non-CFA countries remain heavily reliant on central banking models imported from the West—models that prioritize inflation targets, external debt servicing, and currency dilution over economic justice and internal development.
The Nilar as a Corrective and Liberating Force
The Nilar breaks this cycle. Rooted in Africonomics, it is not a Western imitation but an African innovation—based on real value, honest exchange, and ethical monetary policy. It allows African nations to build currency systems:
• based on gold, an honest and timeless form of money
• free from foreign manipulation and arbitrary devaluation
• designed for long-term monetary reliability and economic stability
• aligned with truth, justice, liberty, and economic sovereignty
“The Nilar is more than a sound currency. It is a declaration of independence and a restoration of African sovereignty and dignity.”
— Manuel Tacanho, social philosopher and economist
Principles of the Nilar Framework
A currency established on ethics, stability, and economic sovereignty.
The Nilar Framework is not just a technical solution to monetary instability—it is a moral and civilizational economic model. Based on Africonomics and natural-moral law, the Nilar offers a principled foundation for integrated, stable, and prosperous African economies. Each core principle reflects a commitment to truth, justice, liberty, sound money, and human dignity.
Gold-Backing and Sound Money
The Nilar is 100% based on physical gold. One nilar is 1 gram of fine (999.9) gold. This ensures monetary reliability, long-term economic stability, and protection against debasement—making it a trustworthy currency and store of value. It restores honesty to money.
Decentralization and Monetary Sovereignty
The Nilar rejects centralized fiat monetary manipulation. It champions decentralized issuance and governance models that prevent political abuse, empower communities, and reestablish true monetary independence for African nations.
Justice in Exchange and Purchasing Power Preservation
The Nilar enables just transactions by preserving purchasing power and ensuring value is not lost through inflation or currency manipulation. It supports wealth-creating enterprise, intergenerational savings, long-term investment, and stable, predictable prices.
Elimination of Monetary Inflation as a Hidden Confiscatory Tool
Under fiat systems, monetary inflation (credit and currency creation) silently steals from people by reducing the purchasing power of their money. The Nilar abolishes this structural injustice, removing inflation as a tool of state confiscation and restoring honesty in economic life.
Secured Property Rights and Voluntary Exchange
True economic freedom depends on the right to own, save, and trade without coercion or repression. The Nilar affirms property rights and supports a peaceful, voluntary economic order where exchange is honest, value-based, and free from state aggression.
The Nilar enables free enterprise and free trade across African nations, laying the foundation for a unified African free-market economy characterized by secured property rights, voluntary exchange, structural injustice, economic integration, and continental prosperity.
How the Nilar Aligns with Africonomics
More than a currency it is a civilizational affirmation.
The Nilar is not a technocratic experiment or Western-style reform. It is a direct, practical application of Africonomics—an African school of philosophical and economic thought grounded in truth, justice, liberty, and nonaggression.
Designed within the natural-moral law framework of Africonomics, the Nilar affirms the dignity and rights of every individual to save, trade, invest, and prosper free from institutionalized monetary deception and coercion. Unlike fiat money, which serves governments and elites, the Nilar serves people, empowers nations, and fosters structural justice
Tied to Natural Rights, Structural Justice, and Free Trade
The Nilar protects people’s natural right to property ownership by ensuring that money retains its purchasing power.
It fosters structural justice by removing fiat money, a central tool of exploitation, dispossession, and oppression, and aligning money issuance with honest production instead of credit and currency printing.
It enables free and ethical trade, built on voluntary exchange—not manipulated currencies or exploitative trade terms.
An Effective Tool of Postcolonial Liberation
Fiat currencies and neocolonial banking systems have kept African economies debilitated, dependent, and externally controlled.
The Nilar breaks that cycle by offering a sovereign monetary system free from foreign domination and internal corruption—supporting true postcolonial liberation through monetary independence and economic stability.
Reclaiming Africa’s Legacy of Gold Currency and Free Enterprise
Long before colonization, Africa had thriving systems of gold-based money, free enterprise, and interconnected free trade routes.
The Nilar reclaims that legacy—restoring the spirit of free enterprise, value-based exchange, and civilizational dignity that once defined African commerce.
Africonomics calls for systems grounded in truth and justice.
The Nilar is the monetary foundation that makes that vision real.
The Nilar vs. Fiat Currencies
A principled alternative to inflation, instability, and monetary injustice.
| Feature | The Nilar | Fiat Currencies |
|---|---|---|
| Backing | 100% backed by physical gold | Created by decree, backed by state coercion |
| Value Stability | Preserved over time, an honest and stable currency that maintains purchasing power | Erodes over time, a fraudulent and destructive currency that is systematically debased |
| Issuance | Issued only against gold | Issued at will by central banks |
| Inflation Risk | None—by design | High and built-in (inflation is policy) |
| Counterparty Risk | Minimal to nonexistent | High—by their inflationary, centralized, and political nature |
| Trust Basis | Objective, transparent, reliable, independent of government credibility, and free from political manipulation | Subjective, dependent on government credibility, inherently political, and arbitrarily manipulated |
| Monetary Sovereignty | Decentralized, market-operated, African-governed | Centralized, technocratically managed, tied to foreign institutions and influence |
| Ethics & Justice | Entirely just: aligned with natural-moral law, individual rights, and nonaggression | Viciously unjust: based on coercion, confiscation, and institutionalized fraud |
| Economic Effect | Protects savings, encourages investment, production, and economic prosperity | Erodes wealth, distorts prices, fuels resource misallocation, destabilizes the economy |
| Historical Precedent | Consistent with Africa’s heritage of gold-based money | Colonial import and imposition |
Fiat systems benefit the few at the top.
The Nilar protects the property and purchasing power of all Africans—farmers, merchants, workers, families—everyone.
It is the monetary foundation for a free, prosperous, and structurally just Africa.
Frequently Asked Questions
Yes. The Nilar is a gold-based currency that can be easily transacted digitally. Gold provides the reliable and ethical foundation for its value, while transactions can happen physically or through modern, secure, and scalable digital platforms. This makes it as usable as mobile money, banking apps, and crypto wallets
Absolutely. African nations have the sovereign right and capacity to establish sound monetary systems, especially because the current era of fiat currency systems has proven unjust and destructive. The Nilar is designed to be implemented gradually, nationally or regionally, with complete transparency. More importantly, African leaders have the moral, cultural, and material obligation to provide African nations with an entirely sound monetary system.
The Nilar combines the best of both worlds: gold-based, decentralized governance, independence of political manipulation, and digital availability through tokenization. It offers ethical stability, usability, and long-term reliability.
The Nilar can function alongside existing currencies as an alternative or complementary system. Over time, as trust builds and adoption grows, it will become the preferred medium of exchange and store of value for individuals, businesses, and even governments seeking currency stability and reliability. Fiat currencies are to be gradually phased out concurrently.
All gold reserves backing the Nilar are independently audited and securely stored, with full transparency for public trust. Digital issuance is strictly limited to the actual gold held—eliminating inflation risk and monetary manipulation.
Zimbabwe’s “Gold-Backed” Currency Attempts
Zimbabwe’s recent attempts to introduce a so-called “gold-backed currency” have understandably raised public skepticism. But it’s important to clarify: These were not genuine gold currencies.
They were monetary illusions—veiled efforts by the state to maintain control over a fiat system that had already collapsed. The central bank continued to issue money without full gold convertibility, applied technocratic exchange rate controls, and attempted to peg the currency to the U.S. dollar—all classic signs of fiat manipulation in disguise.
A genuine gold-based currency—like the Nilar—requires none of these artificial mechanisms:
- Fully backed by physical gold, not promises.
- Freely exchangeable, not subject to central bank whims.
- Not pegged to fiat currencies; derives its value from gold itself.
- No inflation targeting, price controls, or “stabilization” boards.
The failure of Zimbabwe’s gold-linked fiat is not a failure of gold or sound money is a failure of monetary dishonesty and state manipulation.
The Nilar corrects this.
It is a principled monetary system built on transparency, convertibility, and value-based issuance—aligned with Africonomics, and designed to serve people, not power.
Publications & Research
The intellectual foundation of the Nilar framework.
The Nilar is the product of moral clarity, sound economic reasoning, and a factual understanding of Africa’s postcolonial economic woes. Grounded in Africonomics, our publications offer the philosophical, historical, and practical insights that shape the vision and viability of the Nilar.
Related Research & Commentary
Get Involved and Spread the Vision
Help build a just and sovereign Africa—starting with sound money.
The Nilar is more than a strategic policy proposal—it’s a framework for monetary truth, structural justice, and African economic sovereignty. Whether you’re a scholar, policymaker, entrepreneur, or citizen who believes Africa deserves better, there’s a way for you to participate.
Share the Vision
Post this page. Quote our work. Share the Nilar with your network.
Stay Informed
Get our latest publications and policy updates on the Nilar.
Invite Us to Speak
Hosting a panel, podcast, or university talk? Invite us to speak.
Collaborate or Support
Are you a researcher, donor, or policymaker? Let’s connect.
Donate
Your generous donation is the fuel that keeps us running.
Africa’s economic liberation depends on principled action. Help us build the foundation. Share the Nilar vision.