Audio By Carbonatix
Dr Daniel N. Kotei, a retired Diplomat has asked Ghana to join the Asian Infrastructure Investment Bank (AIIB), which he said by all indications seems to be better than the International Monetary Fund (IMF).
He said in a statement issued on Thursday that the IMF usually starves Ghanaians before a loan is given by imposing austerity measures.
Dr Kotei, also an International Relations Analyst noted that so far Britain, Sweden, Portugal, Sweden and Saudi Arabia are among the 52 countries, which have applied to join the AIIB.
He said Ghana needs the AIIB to be able to repair the Akosombo Dam, complete the Bui Dam project and construct a new dam at Yapei in the Northern Region.
This, he, said would help reverse the frequent power shortages, which has hit the country for the past 30 years.
“This should not be allowed to continue forever,” he said.
Latest Stories
-
DopeNation electrifies crowd at Joy FM’s Party in the Park
6 minutes -
Philip Ayesu emerges as the 2025 Achimota Champion after beating Percival Kwadjo Ampoma
11 minutes -
Support your own – Mr P tells Ghanaian artistes
14 minutes -
Ghana EXIM Bank develops 5-year export-led growth strategy to drive trade expansion
41 minutes -
Big Smiles, Bigger Bounces: Kids take over the fun at the Joy Party in the Park
1 hour -
Joy FM Party in the Park 2025: Kwabena Kwabena takes centre stage
2 hours -
Ghana-Nigeria cyber-fraud network dupes over 200 victims of $400,000
2 hours -
Tackling terrorism requires jobs and anti-corruption drive, not strikes alone – Nigerian security analyst
2 hours -
Terror attacks in Nigeria affect all faiths, not only Christians – Security analyst
2 hours -
$120,000 stolen from Ghanaian financial institution by hackers – INTERPOL
2 hours -
Modern security management defined by trust – IGP  Â
2 hours -
The True Significance of Christmas: Pagan origins or Christian celebration
2 hours -
US strikes on terrorists in Nigeria timely and strategic – Security analyst
2 hours -
Patrons dance through drizzles at Joy FM’s Party in the Park 2025
2 hours -
Samini thrills fans at the 2025 Samini Xperience concert
3 hours