24
Apr
Comedian Michael Blackson shared how his school's financial support was impacted after he invested in Ghana's Eurobonds, resulting in unexpected losses. In an interview, Blackson explained his intention to secure his school's future through high-interest Ghanaian bonds, aiming to use the returns for perpetual school management. Despite warnings from American bankers about risks associated with investing in a developing country, Blackson was confident in Ghana's stability. However, the Eurobond haircut in 2023 led to substantial reductions in bond values, causing Blackson to lose the expected returns on his investment. Determined to keep the school operational, he is now exploring nonprofit…