Skip to main content

Posts

Showing posts with the label GHANA

GHANAIANS DEMAND DEBT CANCELLATION IN MASS PROTESTS

GHANAIANS DEMAND DEBT CANCELLATION IN MASS PROTESTS Accra witnessed a wave of public demonstrations on August 29, 2025, as thousands of Ghanaians took to the streets demanding the cancellation of Africa’s mounting debt burden. The protest, organized by a coalition of civil society groups, trade unions, and youth movements, reflects growing frustration over the continent’s financial dependence and its impact on local economies. Demonstrators carried placards calling for “economic justice” and “freedom from debt slavery,” highlighting how debt repayments continue to divert resources away from essential services such as healthcare, education, and infrastructure. Many protesters argued that Africa’s current debt cycle, worsened by high interest loans and unfavorable trade conditions, undermines sovereignty and traps countries in long-term financial distress. The protests in Accra mirror a wider continental debate, with several African nations facing pressure from in...