Increase Investment In Instruments For Financial Crisis Management – President Akufo-Addo Urges

Africa must invest more in its own instruments for financial crisis management, President Akufo-Addo has said. Addressing the Boma of Africa Festival on the ongoing global economic turmoil last Sunday, he noted that the current international instruments for resolving those crises lacked input from smaller economies. Speaking in his capacity as the African Union (AU) Champion of Financial Institutions, the President expressed concern about how smaller economies, many of them in Africa, often suffered the harshest consequences during global downturns though they contributed the least to the causes of those upheavals. The festival The Boma of Africa festival is a…