Ghana asks devt partner creditors to freeze interest payment on $8.5bn
24-02-2023
President Nana Addo Dankwa Akufo-Addo has said the inaction of the United National (UN) Security Council, which continues to contemplate whether and how to intervene in terrorist attacks in West Africa and the Sahel, fuels the spread of instability across Africa.
He said while it could be admitted that the political context for the Security Council’s involvement was complex and the operating environment dangerous, the earlier a collective action was taken to support efforts to halt the incessant killing and annihilation of communities, the better.
President Akufo-Addo said this when he presided over the High-Level Debate of the UN Security Council at the council hall in the UN building in New York yesterday.
It was on the theme: “Counter-terrorism in Africa – An imperative for peace, security and development”.
The President, who last addressed the council as Ghana’s Foreign Minister 16 years ago, also used the occasion to reiterate his call on the council to revisit the issue of the reform of the UN system, especially the Security Council.
He said that should be done on the basis of the African Common Position on UN Reform, as enunciated in the Ezulwini Consensus, if, indeed, the authority of the council, which in recent times appeared to have been devalued because of its old-fashioned structure, was to be restored.
Massacre
President Akufo-Addo, recounting the cold-blooded treatment, including the massacre of innocent persons, by terrorists, cited, for example, how, with a population of some 300 million people, the Sahel region had accounted for the highest incidents of recorded terrorist attacks between January and June this year.
That, he explained, had resulted in about 5,412 deaths across Africa.
He quoted a report by the African Centre for the Study and Research on Terrorism, which indicated that out of the 699 attacks that had occurred this year, the Sahel accounted for 179, with 1,909 fatalities.
Motivated
He said already Sahelian and West African countries had been overrun by terrorists and other armed groups, who now felt motivated and emboldened to expand their reach of influence to the coastal countries of West Africa, in a grand attempt to get access to the high seas and create a vicious linkage between terrorism and piracy.
“We acknowledge that the fight against terrorism can be a protracted one that could take several years, but with collective efforts, terrorism and those behind its evil acts can and will eventually be defeated,” he added.
Ghana’s suggestions
The President said it would require urgent actions predicated on concerted efforts to arrest the deteriorating security situation in the Sahel and West Africa and succeed in attempts to bring progress, prosperity and development to the peoples of the region.
He suggested that in addressing the threats to terrorism in Africa, it was important that the council leveraged the role of the African Union (AU) and its regional economic commissions to raise a robust and well-resourced force to confront the terrorists and other armed groups, alongside other peace operation initiatives.
“We welcome the ongoing joint strategic assessment of the security, governance and development issues of the Sahel, just as we encourage the high-level panel, led by the respected former President of Niger, His Excellency Mahamadou Issoufou, to leverage the best elements of the G-5 Sahel Joint Force, the Accra Initiative, the Nouakchott Process and the Multinational Joint Task Force,” he said.
He also urged the council to consider recommendations for a unified and restructured regional force and called on the council to be supportive of such efforts, adding that the burden of confronting terrorism could not be borne by those in the region alone.
The Deputy UN Secretary-General, Amina Mohammed, contributing to the debate, outlined five suggestions to advance counter-terrorism efforts in Africa, saying “prevention remains our best response”.
“We must address the instability and conflict that can lead to terrorism, in the first place, as well as the conditions exploited by terrorists in pursuit of their agenda,” she said.
Secondly, she called for community-based, gender-sensitive “whole-of-society” approaches.
Noting the “complex links among terrorism, patriarchy and gender-based violence”, she said counter-terrorism policies needed to be “strengthened by the meaningful participation and leadership of women and girls”.
The Deputy UN Secretary-General underscored as a third point that “countering terrorism can never be an excuse for violating human rights or international law”, as it would “only set us back”.
Fourthly, she stressed the importance of regional organisations which could address the challenges posed by terrorist and violent extremist groups in the local context.
Ms Mohammed called for “sustained and predictable funding” to prevent and counter terrorism.
She said the growth of terrorism was a major threat to international peace and security, which was being felt most in Africa.
“Terrorists and violent extremists, including Da’esh, al-Qaeda and their affiliates, have exploited instability and conflict to increase their activities and intensify attacks across the continent,” she said on behalf of
Secretary-General António Guterres.
“Their senseless, terror-fueled violence has killed and wounded thousands and many more continue to suffer from the broader impact of terrorism on their lives and livelihoods,” she added.
Ms Mohammed said terrorists and violent extremist groups aggravated instability and human suffering and could plunge a country emerging from war back into the depths of conflict.
Context
Ghana assumed the presidency of the UN Security Council on Tuesday, November 1, this year. It will be in the seat for a month.
The country is seeking to use its presidency to build consensus in the council and across the UN on the need to ensure that peace operations take into consideration the changing security landscape.
That, among other things, is meant to address underlying causes and drivers of conflict, linked to the growing youth bulge and poverty.
Other activities
Aside from yesterday’s debate, other activities to be undertaken by Ghana within the month are a press briefing by its Ambassador and Permanent Representative to the UN, Harold Adlai Agyeman; a briefing of the wider UN membership on the programme of work and Ghana's priorities during the month by Mr Agyeman, and an open ministerial debate to be chaired by the Minister of Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey, on the topic: "Integrating effective resilience building in peace operations for sustainable peace”.
“The objective of the ministerial debate is to start a conversation on reconfiguring UN peace operations to ensure a situationally determined balance between kinetic and non-kinetic actions aimed at restoring peace and addressing the underlying causes of conflict,” the ministry earlier said.
West Africa threat
Ghana assumes the presidency of the Security Council at a time terrorism and violent extremism are becoming a major threat to West Africa.
“Increasingly, extremist groups have developed the capacity to finance their operations through illicit international networks and transnational crimes, such as human trafficking, piracy and mercenary activities.
“More worrying, in West Africa, the attacks in the coastal areas have been described as 'a tip of the insurgency iceberg', given the potential and the ambition of terrorist organisations to expand their reach beyond the Sahel until they can control territories in other parts of West Africa,” the Ministry of Foreign Affairs said.
Ghana’s election
The UN General Assembly, at its meeting in New York on June 11, last year, elected Ghana to serve a two-year term on the Security Council from January 2022 to December 2023.
The country’s agenda is focused on enhancing global peace and security for sustainable and inclusive development, particularly in Africa.
Ghana secured 185 votes out of the 190 votes cast, the highest number of votes, compared to the votes obtained by the four other Member States — Brazil, the United Arab Emirates (UAE), Albania and Gabon — that were also elected, further underlying Ghana’s high standing in the UN.
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- GNBCC STAFF FEATURE- Jemima Rockson, (Project & Business Manager, GNBCC)
- Official Opening Ceremony of the new Honorary Consul of the Kingdom of The Netherlands to Sierra Leone
- SONA 2023: Together we’ll surmount crisis - President Akufo-Addo
- Introducing New GNBCC Member: NIii Plants Car Rental (Niiplants)
- Workshop: Intercultural Competence by Leiden University Lecturer, Alette Vonk.
- Introducing New GNBCC Member: Green Energy Ghana
- Akufo-Addo’s ‘attack’ on diplomats could affect external debt restructuring – Ablakwa worries
- IMF talks: Akufo-Addo wants China, Paris Club to fast-track financing assurances
- Forex bureau buys Euro at GHS 12.40 and US$ at GHS 12.10
- KMA orders all kiosks and containers on commercial roads to be removed
- Covid-19 Update, 10th March, 2023
- GNBCC Staff Feature- Tjalling Yme Wiarda, (General Manager,GNBCC)
- Introducing New GNBCC Member: Fountain Fleet Solutions (FFS)
- Project Update: DUTCH EXPORT ACADEMY (DEA)
- The GRA back-tax conundrum and its impact on FDIs
- KLM Bluebiz offer to GNBCC Members
- Invitation: Joint World Bank-European Union event on business climate in Ghana
- Cocoa industry under threat - illegal miners destroy rehabilitated farms
- Forex bureau buys Euro at GHS 12.50 and US$ at GHS 12.25
- Don’t sacrifice industry for IMF intervention – AGI
- Covid-19 Update, 3rd March, 2023
- Introducing New GNBCC Member, Africa HR Connect Ltd.
- Inflation to peak in Q1, end year at 19.5%
- Communique of the AMCHAM on Ghana Business climate
- Something is not right about T-bills oversubscription – Joe Jackson
- Value-based Care to be piloted in 60 hospitals – PharmAccess Country Director
- Ghana asks devt partner creditors to freeze interest payment on $8.5bn
- Tender alert CBI
- Forex bureau buys Euro at GHS 13.20 and US$ at GHS 12.70
- Covid-19 Update, 24th February, 2023
- DUTCH EXPORT ACADEMY(DEA) has started!
- Introducing New GNBCC Member-East West Seed
- The position of MaxMart on the false accusation of the GRA regarding the non-implementation of the E-VAT
- The Netherlands, others on entrepreneurship drive
- MTN Gets $773 Million Ghana Tax Bill It ‘Strongly Disputes’
- Workshop: Intercultural Competence by Leiden University Lecturer, Alette Vonk.
- Fitch warns of further credit downgrade
- Verkiezingen – stemmen als Nederlander buiten Nederland
- Consumer inflation slows to 53.6% in January 2023
- Forex bureau buys Euro at GHS 12.80 and US$ at GHS 12.40
- Tullow Ghana refers disputed tax claims to international arbitration
- Covid-19 Update, 17th February,, 2023
- The Intercultural Competence Training
- Introducing New GNBCC Member- Real Estate Services and Construction (R.E.S.C)
- Ghana And EU Launch Agribusiness Platform To Increase Investments
- COCOBOD opposes 35% tax on cocoa SMEs
- Succesvolle start verkiezingen Eerste Kamer vanuit buitenland – campagnes kunnen beginnen
- BoG to halt financing of budget deficit
- 20th Anniversary of the Elmina-Java Museum
- Businesses need direct policy interventions — Study
- Forex bureau buys Euro at GHS 12.40 and US$ at GHS 12.00
- Experts for the execution of the dried fruit programme in Ghana of CBI
- Covid-19 Update, 10th of February, 2023
- In Memoriam: Monique Paanakker 15 May 1966 – 25 January 2023
- New Year's Cocktail 2023
- US$100m lost yearly to corruption at ports
- First Cruyff Court in Sub-Saharan Africa built by Cargill and Cruyff Foundation
- Star Beer shines with Asanteman, begins production in Kumasi again
- Child Labour report: We’ll take on Al Jazeera – COCOBOD
- Forex bureau buys Euro at GHS 12.70 and US$ at GHS 12.10
- Poultry industry woes deepen
- Covid-19 Update, 3rd February, 2023
- New Year's Cocktail Happening Tonight at 5:30PM
- Government should cut expenditure - IEA prescribes reduced spending on free SHS, National Cathedral
- Nog enkel dagen registratiemogelijkheid historische verkiezingen - registreer uiterlijk 31 januari
- First-ever tax appeals board constituted
- DUTCH EXPORT ACADEMY (DEA) Application Closed!!
- COCOBOD default further dampens investor confidence
- KLM Air France Branded Fares in economy class
- Forex bureau buys Euro at GHS 12.55 and US$ at GHS 12.30
- Covid-19 Update, 27th January, 2023
- GNBCC's New Year Cocktail at the Dutch Ambassador's Residence
- Youth in Food Matchmaking event
- Utility tariffs up Feb. 1 - 29.96% for electricity, 8.3% for water
- Member Invoices have been sent
- Worrying times ahead for local agric production; as donor support hits 40% of total expenditure
- Forex bureau buys Euro at GHS 12.70 and US$ at GHS 12.45
- 56 vessels grounded under Ghana's new IUU fishing measures - Hawa Koomson
- Covid-19 Update, 20th January,2023
- New travel Covid guidelines by Kotoka International Airport (KIA)
- Consumer inflation ends 2022 at 54.1%
- A Capability Statement from Witteveen & Bos-a GNBCC Member
- Unaccounted gold export: Ghana lost $1.1b in 2 years
- Forex bureau buys Euro at GHS 12.50 and US$ at GHS 12.20
- Ghana to pay more for IMF bailout
- Covid-19 Update, 13th January,2023
- Merry X-Mas & Happy New Year !!
- Interview with Bernice Aikins, Sales Lead of Portside (Ghana)
- Ghana, IMF negotiations: Deal reached
- Invitation to Ahaspora Event
- GNBCC’s Business Breakfast for Premium Members
- Introducing KKGO-a GNBCC Member
- Connecting More People To Better Healthcare Through Digital Innovations-Pharmaccess Foundation
- Inflation pulls surprise with biggest jump since Jan 2003
- Forex bureau buys Euro at GHS 9.00 and US$ at GHS 8.50
- CediManager- bringing Ghana’s Capital Market to your fingertips
- 80% poultry ventures fold up — Association
- GNBCC And MDF West Africa Present Fourth Edition Of Dutch Export Academy (DEA)
- Interview with Dr. Maxwell A. Antwi, Country Director of PharmAccess
- Successful End of Year Cocktail Hosted by Dutch & Co
- Drama in Parliament - Censure motion botched, Majority abandons Minority, Afori-Atta continues as Finance Minister.
- Adonai Shipping Fits The New World Order In International Trade
- Special Webinar Event Invitation: The Debt Armageddon – Lessons from Sri Lanka and Ghana
- Illegal fishing, overfishing and corruption threaten livelihood -report
- PwC 2023 Budget Digest Report
- The comprehensive and innovative pension package for all.
- Covid-19 Update, 9th December, 2022
- 7th West Africa agrofood & plastprintpack international trade fair opens in Accra
- Dutch & Co's End of Year Cocktail
- Reform Value Added Tax : PwC urges govt
- West Africa Agrofood Fair 2022 openings speech General Manager GNBCC
- Gold for oil barter policy raises more questions – CSOs
- A Brief Introduction about Consolidated Shipping Agencies Limited (CONSHIP)
- DOORBRAAK! – Nieuwe wetgeving nationaliteitsrecht in de maak
- November Tema Cocktail sponsored by Agrona & Comexas
- Member Invite for Agrofood Fair West Africa
- Invitation to Graduation Ceremony-Maxim Nyansa
- GNBCC Tema Cocktail Hosted By Agrona & Comexas
- Bank of Ghana won’t fund rice, poultry imports again
- 7th West Africa agrofood: 29th of November until the 1st of December
- Censure motion: Minister counters proponents Friday as 7 grounds laid for removal
- Ntrakwah & Co, ORC host Users’ Forum on Companies Act
- Introducing GNBCC’s New Office Manager, Mrs. Naana Biney Ohemeng
- A Brief Profile about Ghana Textiles (VLISCO)
- Invitation To Cocktail And Closing Ceremony Of The New Business Challenge (NBC)
- 7th West Africa agrofood: 29-11 until 01-12
- Cedi’s weakness pushes October inflation above 40%
- Investcorp Market Review: 7th November, 2022
- New Dutch Honorary Consul for Sierra Leone appointed
- Congratulations to our winners in the GSABC-GNBCC Cocktail raffle !!!
- Introducing iCare from People's Pension Trust (PPT)
- CediManager-Bringing Ghana's Capital Market to your finger tips
- Investcorp Market Review: 3rd November, 2022
- Interview with Aedo van der Weij from Cargill
- Thank You ! Pictures & Video of joint event with GSABC 20-10-2022
- 7th West Africa agrofood: 29-11 until 01-12
- KPMG Pre-Budget Survey - 2023
- Forex bureau buys Euro at GHS 13,00 and US$ at GHS 13,15
- Investcorp Market Review: 27th Ocober,2022
- GSABC and GNBCC's Members celebrate for the 5th time
- 7th West Africa agrofood: 29-11 until 01-12
- Special Promotion Star Draught Beer to GNBCC Membership
- Doorbraak! Wij mogen óók op 15 maart 2023 stemmen voor de Eerste Kamer!
- IMF negotiations will enhance investor confidence – GIPC boss
- GNBCC announcement on Visa applications for business travel to the Netherlands
- Covid-19 Update, 20th October, 2022
- Investcorp Market Review: 20th Ocober,2022
- GNBCC & GSABC JOINT COCKTAIL ON 20TH OCTOBER, 2022
- 7th West Africa agrofood: 29-11 until 01-12
- On offer Yaw Pare's beautiful book: Remnants of a haunted past: Forts and Castles of Ghana
- GNBCC announcement on Visa applications for business travel to the Netherlands
- Covid-19 Update, 14th October, 2022
- Investcorp Market Review: 13th Ocober,2022
- GNBCC & GSABC JOINT COCKTAIL ON 20TH OCTOBER, 2022
- GNBCC announcement on Visa applications for business travel to the Netherlands
- The Netherlands committed to support Ghana’s agric sector - Deputy Ambassador to Ghana
- Dream Deals/Rendezvous Campaign
- Special Promotion Star Draught Beer to GNBCC Membership
- Fitch Downgrades Ghana to 'CC'
- Forex bureau buys Euro at GHS 10,44 and US$ at GHS 10,80
- Investcorp Market Review: 7th Ocober,2022
- GNBCC Cocktail 29-9-22 hosted by Maxim Nyansa
- Interview with Hugo Visscher, General Manager for Koudijs
- GNBCC & GSABC JOINT COCKTAIL ON 20TH OCTOBER, 2022
- Special Promotion Star Draught Beer to GNBCC Membership
- Thought leadership launch | Assume nothing, verify everything
- Dubbele nationaliteit: discussieavond met Tweede Kamerleden a.s maandag. Aanmelden mogelijk!
- Ghana's Debt Restructuring Options for an IMF Deal
- Investcorp Market Review: 30th September,2022
- GNBCC COCKTAIL HOSTED BY MAXIM NYANSA IT SOLUTIONS
- Interview with Sebastian Barroso da Fonseca from Access Bank
- GNBCC & GSABC JOINT COCKTAIL ON 20TH OCTOBER, 2022
- On offer Yaw Pare's beautiful book: Remnants of a haunted past: Forts and Castles of Ghana
- Investcorp Market Review: 23rd September,2022
- GNBCC COCKTAIL HOSTED BY MAXIM NYANSA IT SOLUTIONS
- Interview with Mr. Mohamed Samara, CEO of Meridian Port Services
- GNBCC & GSABC JOINT COCKTAIL ON 20TH OCTOBER, 2022
- Introducing New GNBCC Business Member: SYECOMP Ghana Ltd
- On offer Yaw Pare's beautiful book: Remnants of a haunted past: Forts and Castles of Ghana
- Dubbele nationaliteit: discussieavond met Tweede Kamerleden maandag 3 oktober
- 5-year jail term awaits defiance against VAT
- Investcorp Market Review: 16th September,2022
- GNBCC starts Youth in Agribusiness project with Ghana Food Movement (GFM)
- Business conditions deteriorate sharply in August
- Survey: Status Review of Commercial Court Operations in Ghana
- Vivo Energy Ghana Donates Fuel to Support Security Operations in the Ashanti Region
- A/R: Registered SIM cards blocked from making calls – Angry residents