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EU foreign policy
EU gives Ghana 100 military vehicles seized from Libya-bound ship
...Borrell, who met with Ghana’s president Nana Akufo-Addo and top security officials during the trip, said the vehicles were part of a €20mn support package for the country’s military....
October 30, 2023
Ghana
Ghana replaces finance minister who negotiated $3bn IMF bailout
...Akufo-Addo is ineligible after serving two terms as president....
February 14, 2024
FT Live
Africa Summit
Africa in a complex world
Tuesday, 29 OctoberLondon, UK
African economy
Anti-LGBT+ law puts Ghana’s IMF and World Bank funding at risk, finance ministry warns
...Ghana, which is seeking to recover from its worst economic crisis in a generation, could lose $3.8bn in World Bank financing over the next five to six years if President Nana Akufo-Addo signs the bill into...
March 5, 2024
Sierra Leone
Sierra Leone’s ex-president set to appear in court on treason charges
...A letter sent by Ecowas to Bio and seen by the Financial Times referred to a relocation agreement reached during Sall and Akufo-Addo’s visit and said Nigeria would host Koroma on a “temporary basis”....
January 4, 2024
Ghana
Ghana’s debt restructuring deal falters after IMF rebuff
...that an outline deal reached with bondholders “would lead to breaches to the debt sustainability thresholds” of the fund’s $3bn bailout agreed in December 2022 and approved last year, President Nana Akufo-Addo...
April 15, 2024
News in-depthGhana
Ghana’s masked man reveals tactics behind unorthodox presidential bid
...Under Nana Akufo-Addo, the party promised free high-school education, factory jobs and an end to corruption....
January 19, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
The Big Read
The Islamist insurgents threatening west Africa
...Akufo-Addo’s comments set off a diplomatic firestorm between Accra and Ouagadougou, and Ghana’s ambassador was summoned by the Burkinabé government to provide an explanation....
January 21, 2024
Burkina Faso
Burkina Faso latest to ‘hire Russian mercenaries’, Ghana alleges
...“Today, Russian mercenaries are on our northern border,” Nana Akufo-Addo told Antony Blinken, US secretary of state, in Washington during a US-Africa summit....
December 15, 2022
Transcript
Is Africa’s debt cycle unbreakable?
...So Akufo-Addo’s original promise of a fiscally responsible government has pretty much fallen to pieces....
June 14, 2023
David Adjaye
David Adjaye gave names of alleged abuse victims to Ghanaian government
...The multimillion-dollar development is the project of President Nana Akufo-Addo, who wants to build a legacy-defining landmark akin to Westminster Abbey and Abu Dhabi’s Grand Mosque....
July 7, 2023
The Big Read
How Ghana’s economy became a cautionary tale for Africa
...These were the “malevolent forces” that Akufo-Addo said were hurting his country....
May 14, 2023
Venice Architecture Biennale 2023
Venice exhibition restores African architects to the story of Tropical Modernism
...Later came many of the notable structures on the KNUST campus designed by Addo; in the Senior Staff Club House (1964), his brise-soleil design casts shadows on the outside courtyard....
May 18, 2023
Moral Money
Inside the inaugural Africa Climate Summit Premium content
...The star-studded list of attendees included more than 20 African presidents, including Rwanda’s Paul Kagame and Ghana’s Nana Akufo-Addo....
September 6, 2023
Burkina Faso
Burkina Faso orders French troops to leave the country
...Akufo-Addo, who did not provide any evidence beyond a Moscow trip by Burkina Faso’s prime minister, further claimed that a mine in the south of the country had been given to the mercenaries as payment....
January 23, 2023
Ghana
Ghana secures $3bn IMF deal after creditors agree to debt restructuring
...The debt crisis has shattered Ghana’s president Nana Okufo-Addo’s ruling New Patriotic party’s reputation for fiscal probity....
May 18, 2023
FT Live
Brazil Summit
Building a resilient and sustainable economy
Wednesday, 15 MayNew York, NY, USA
David Pilling
Ghana faces rude awakening as the tide of cheap money recedes
...Akufo-Addo spoke of a confluence of “malevolent forces”. A series of exogenous shocks has indeed made the world a hostile environment....
December 1, 2022
Burkina Faso
Burkina Faso calls Russia an ally amid fight against Sahel insurgents
...Nana Akufo-Addo, president of neighbouring Ghana, alleged in December that Wagner mercenaries were present in Burkina Faso and operating a mine in the southern part of the country....
May 5, 2023
Burkina Faso
Burkina Faso announces French military task force has left the country
...Ghana’s president Nana Akufo-Addo claimed in December, without any proof beyond a trip by the Burkinabe prime minister to Moscow, that Burkina had hired Wagner fighters, although Burkina strongly rejected...
February 20, 2023
Ghana
Ghana’s economy battling ‘malevolent forces’, says president
...“We are in a crisis,” Nana Akufo-Addo, Ghana’s president, warned in a speech last month, before the latest in a string of protests demanding his resignation. “I do not exaggerate when I say so....
November 16, 2022
LexGhana
Ghana: admission of default is a welcome reality check Premium content
...Last month, President Nana Akufo-Addo promised creditors there would be no haircut. This week’s admission of the inevitable brings a new IMF programme closer....
November 25, 2022
Ghana
Ghana reaches preliminary $3bn deal with IMF
...President Nana Akufo-Addo had previously said no one would have to take a haircut. Global creditors only expect the terms of any restructuring to be agreed in negotiations next year....
December 13, 2022
News updates following the death of Queen Elizabeth II on September 9
Brazil and Ghana declare periods of mourning
...Ghana’s President Nana Akufo-Addo announced a seven-day period of mourning in his country starting on Friday....
September 9, 2022
Ruchir Sharma
The easy money era is over but world leaders have not got the memo
...But as markets battered the Ghanaian cedi, fuelling calls for President Nana Akufo-Addo to resign, he relented and asked for IMF help....
December 4, 2022
FIFA Men's World Cup
World Cup: Ghana-Uruguay grudge match shows attraction of the villain
...Ghana’s president, Nana Akufo-Addo, has warned: “This time the hand of Suárez will not save them.” But footballers don’t think like fans. Their obsession is today’s performance....
December 1, 2022
Ghana
Ghana raises interest rates to 22% in biggest move for 20 years
...Ghana’s finance ministry recently began discussions with the IMF to secure a $3bn facility. It is a political blow for President Nana-Akufo Addo and his ruling New Patriotic party....
August 18, 2022

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