We are seeing the record-breaking interest in our journalism as our pageviews have tripled. EURACTIV France reports.Without additional development cooperation funds from Europe, the Ghanaian government has thus far not been able to secure projects in the social and labour market sectors alone.The words of the Ghanaian president now addressed to Macron are therefore more likely to be understood as a call to African heads of state than to international donors.Reforms called for by Akufo-Addo need a strong domestic African market if the country wants to become independent from European aid.
Some 50 to 60 years after independence for many countries, Africa’s fortunes seem to still closely aligned with developmental support and financial aid from former colonial rulers, the United States, the European Union or multilateral institutions like the World Bank and IMF.After the most recent rounds of African debt forgiveness and rising commodity prices over the last decade, that conversation seemed to have shifted somewhat.
This is an important step towards pan-African standards of cooperation.Akufo-Addo must now prove in the remaining one and a half years of his term whether the words he addressed to his French counterpart will be followed by concrete actions. At the same time, readers support in the form of provides continuous support for our work enabling us to innovate.
This mindset about ‘what can France do for us?’ France will do whatever it wants to do for its own sake, and when those coincide with ours, ‘tant mieux’ [so much better] as the French people say…Our concern should be what do we need to do in this 21st century to move Africa away from being cap in hand and begging for aid, for charity, for handouts. One user describing it as “probably the most powerful message in recent times coming from an African leader.”Macron has defended the CFA, but only to the extent of pointing out that separate currencies would still need their own forex backing.For many Ghanaians, this will not be the first time they have heard their president’s pet peeve as he has been consistent about his catchphrase “We can no longer continue to make policy for ourselves in our continent on the basis of whatever support that the western world can give us.” Efficacité et Transparence des Acteurs Européens In comparison, Ghana’s export share to China in the same year was only 6.5%.This is a blessing and a curse at the same time. This has not worked and it will not work,” Akufo-Addo told a joint press conference with Macron, who was visibly surprised by the statements made by the Ghanaian president.“It is not right for a country like Ghana – 60 years after its independence – to depend on the generosity of European taxpayers when it comes to financial means for health or education,” the Ghanaian president continued.Akufo-Addo, who has been president of Ghana since January 2017, previously he served as foreign minister, minister for regional integration and minister for The New Partnership for Africa’s Development (NEPAD) until 2007.A few weeks after his inauguration, Akufo-Addo announced in his speech to the nation on 21 February major reforms in economic and educational policies.Among other things, there is said to be an increase in research and development funds, which would account for one to 2,5 percent of economic output in the short to medium term.With Akufo-Addo, once again Ghana has a president that continues in the tradition of Kwame Nkrumah. While small and medium-sized enterprises in particular are trying to meet European quality labels and hope for more exports to Europe in the future, they are at the same time suffering from EU trade restrictions, European state subsidies and the announced free trade agreements between the EU and Latin America.Especially in agriculture, Latin American countries are direct competitors on the European market and far ahead in terms of distribution logistics and industrialisation of the agricultural sector.In addition, Ghana’s economy has shrunk by more than ten percent since 2011.
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