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
-
Five-year-old boy dies after getting caught in ski travelator
1 hour -
‘This is an abuse of trust’- PUWU-TUC slams gov’t over ECG privatisation plans
1 hour -
Children should be protected from home fires – GNFS
1 hour -
Volta Regional Minister urges unity, respect for Chief Imam’s ruling after Ho central mosque shooting
1 hour -
$214M in gold-for-reserves programme not a loss, Parliament’s economy chair insists it’s a transactional cost
2 hours -
Elegant homes estate unveils ultra-modern sports complex in Katamanso
2 hours -
ECG can be salvaged without private investors -TUC Deputy Secretary-General
2 hours -
Two pilots killed after mid-air helicopter collision in New Jersey
2 hours -
2025 in Review: Fire, power and the weight of return (January – March)
3 hours -
Washington DC NPP chairman signals bid for USA chairmanship
3 hours -
Sheikh Ali Muniru remains Volta regional Imam, says National chief Imam
3 hours -
GoldBod CEO accuses Minority of hypocrisy over Gold-for-Reserves losses
3 hours -
Sammy Gyamfi to address alleged losses under gold for reserves programme on Jan 5
4 hours -
BoG–GoldBod $214m hit is design failure, not market loss – Minority
4 hours -
Festive season sees minor fires, but domestic cases hit 15–20 daily – GNFS
4 hours
