Audio By Carbonatix
The Deputy Ahafo regional Imam for the Ahlussunna, Ishak Alhassan, has called African leaders to prioritise prudent management of internal resources rather than turning to foreign loans and external financial institutions for development aid.
He emphasised that the continent is richly endowed with natural and human resources that, if properly harnessed, can meet the developmental needs of its people without plunging nations into debt dependency.
In an interview with JoyNews at Hwediem in the Ahafo region on the state of affairs in Africa, he lamented a growing overreliance on international borrowing, which often comes with unfavorable conditions and long-term consequences.
The Imam warned that excessive foreign debt undermines national sovereignty and limits the policy space of African governments.

“Africa is not poor. Our problem is not a lack of resources, but a lack of responsible leadership,”
“If our leaders govern with sincerity and accountability, there would be no need to run cap-in-hand to foreign countries or institutions,” Ishak Alhassan indicated.
He challenged leaders to invest in local capacity-building, improve governance structures, tackle corruption, and engage communities in participatory development.
The Deputy Regional Imam urged the continent's leadership to focus on strengthening domestic revenue generation and promoting intra-African trade are viable paths to sustainable growth.
Ishak Alhassan also called on citizens to hold their governments accountable and to advocate for transparent budgeting and fair resource allocation.
He stressed that religious leaders and civil society groups have a critical role to play in sensitizing the public and promoting a culture of self-reliance.
His message comes at a time when many African countries are grappling with ballooning debt profiles, partly fueled by borrowing from international financial institutions such as the IMF and World Bank.
Critics argue that this borrowing has often failed to translate into meaningful development for the masses.
Ishak Alhassan's call adds to a messages across the continent advocating for homegrown solutions and a shift away from economic models that prioritize external dependence.
Latest Stories
-
Egg-citing deals as The Multimedia Group’s X’mas Egg Market sells out on Day 1, returns tomorrow
20 minutes -
NPP Primaries: Electoral Area Coordinators in Yunyoo, Chereponi and Saboba declare support for Bawumia
45 minutes -
Revocation of L.I. 2462 step in the right direction – Lands Ministry Spokesperson
2 hours -
Afeku urges creation of world-class hospitality training school in Volta Region
2 hours -
Ghana’s unemployment rate eases slightly to 13.0% in 2025 third quarter
2 hours -
Climate change forcing migration as Farm Radio engages stakeholders on solutions
2 hours -
Financial knowledge secures the future – NIB to Police Ladies
2 hours -
Afeku calls for major tourism investment in Volta Region to drive jobs and growth
2 hours -
BoG to engage more agencies to clamp down on unlicensed financial institutions
2 hours -
US-based Ghanaian Lawyers, Embassy explore ‘Law Day’ to improve legal education among Ghanaians
2 hours -
Tourism overlooked despite its power to transform economy – Catherine Afeku
2 hours -
Standards compliance in Ghana still a work in progress – GSA official
2 hours -
Fentuo, Tariq Lamptey Foundation donate jerseys to Tarsor Basic School
2 hours -
Go beyond profit: Business must empower people – Margins ID Group CEO urges youth
2 hours -
One of the most critical things now is how to manage Ghana’s debt – Joyce Bawah
2 hours
