Audio By Carbonatix
Former Ghanaian President Nana Addo Dankwa Akufo-Addo has reiterated his call for African nations to prioritise self-reliance over dependence on foreign aid.
Speaking at the launch of former Nigerian President Ibrahim Babangida’s autobiography, he emphasised the need for leaders across the continent to foster strategic partnerships and implement sustainable economic policies.
According to him, Africa must look inward for solutions to its development challenges rather than continually seeking external assistance.
Addressing the audience, Mr Akufo-Addo criticised the over-reliance on donor support, stating that no country has ever achieved lasting prosperity through handouts.
“Too often, African nations look outside for solutions when the answers lie within our own borders,” he remarked.
He further warned that foreign aid often comes with conditions that may not align with Africa’s long-term interests, stressing the importance of investing in key sectors such as agriculture, industry, and human capital.
Mr Akufo-Addo urged African governments to maximise intra-continental trade and economic cooperation as a means of securing sustainable growth. He identified the African Continental Free Trade Area (AfCFTA) as a game-changer in unlocking Africa’s economic potential.
“If we are to move beyond our historical economic challenges, we must fully embrace the AfCFTA. Removing trade barriers and fostering economic integration will create the conditions necessary for sustainable growth,” he asserted.
Turning his focus to regional collaboration, Mr Akufo-Addo highlighted the importance of strengthening ties between Ghana and Nigeria as a model for broader economic progress in West Africa.
He called for deeper cooperation in trade, energy, and technology, stating that both countries had a shared responsibility to lead the region towards economic independence.
“Ghana and Nigeria have demonstrated that when we work together, we achieve more. We must move beyond competition and embrace cooperation for the greater good of our people,” he noted.
In his concluding remarks, Akufo-Addo urged African leaders to take decisive action in shaping the continent’s future. He insisted that with the right leadership, strategic investments, and a strong commitment to regional cooperation, Africa could achieve true self-sufficiency.
“Africa’s future is in our hands. With visionary leadership and a commitment to collaboration, we can build a continent that is prosperous, self-reliant, and respected globally,” he stated.
Latest Stories
-
‘It’ll come back to hunt you’ – Senanu warns Minority against politicising Damang Mine lease
3 minutes -
Mahama welcomes UN resolution declaring slavery gravest crime against humanity
21 minutes -
Paramount Chief of Asante Akyem Agogo, Nana Akuoko Sarpong passes on
22 minutes -
NIA announces early closure of registration centres for Heritage Month activities
49 minutes -
My focus is industrialisation, not parliamentary debates—A-Plus
57 minutes -
Inclusivity and accountability key to Ghana’s development – NDPC Chairman
1 hour -
Chairman Wontumi challenges ‘no case’ ruling, seeks stay of trial
2 hours -
Herdsman shot dead by masked gunmen near Wellembelle
2 hours -
Committee for Public Accountability demands disclosure of McDan Aviation terminal takeover
3 hours -
Every team is beatable – Otto Addo ahead of Austria clash
3 hours -
French court hands Islam scholar Tariq Ramadan 18-year jail term for rape
3 hours -
Understanding Autism: Empowering children with different abilities in Ghana
3 hours -
Army commander convicted of Guinea stadium massacre dies in prison
3 hours -
Rescuers attempt to save stranded humpback whale off German coast
3 hours -
Three escape unhurt as diesel truck overturns in Oti Region
3 hours
