International News

Akufo-Addo proposes self-reliance for Africa as global system faces bankruptcy”

On March 29, 2023, Ghana’s President Nana Addo Dankwa Akufo-Addo spoke at a UN event in New York, criticizing the international system as “morally bankrupt” and stating that Africa is the biggest loser in the current global order. He emphasized that it is time for Africa to take care of itself, having historically taken care of the world.

According to the President, the state of African economies highlights a deficiency in global financial and trading arrangements that work against Africa and its people. He echoed the assessment of the UN Secretary-General that the international financial system favors rich countries over the less rich, making it “morally bankrupt.”

President Akufo-Addo called on all individuals to contribute towards changing Africa’s narrative and asserting an African personality that is dignified, respected, and treated with equality globally. He spoke at an event themed “Towards Eliminating Racism and Discrimination Against People of African Descent,” where he was the keynote speaker.

The UNAIDS boss, Winnie Byanyima, commended Ghana under President Akufo-Addo’s leadership for playing a historic role in raising awareness of people of African descent and mobilizing against racism. Other speakers at the event included the UN Secretary-General and his deputy, Antonio Guterres and Amina J. Mohammed, as well as Majankunyane Gumbi, the Special Advisor for Addressing Racism in the Workplace, United Nations.

The event was held to commemorate the International Day for the Elimination of Racial Discrimination and the International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade. President Akufo-Addo arrived in the US on March 28 after a 13-hour journey from Accra to attend the meeting

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