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Deputy Finance Minister calls for shift from donor aid to co-investment in Africa’s education sector
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Deputy Finance Minister, Thomas Nyarko Ampem has urged development partners and investors to move from traditional donor support to a model of co-investment in Africa’s education sector.
He believes this approach will promote sustainability, shared responsibility, and stronger ownership of the continent’s development goals.
He made the call at the 2025 Association for the Development of Education in Africa (ADEA) Triennale in Accra, where education leaders and policymakers from across the continent are discussing ways to build stronger and more resilient education systems.
The Deputy Minister stressed that achieving equitable and inclusive education requires targeted investments that reach marginalized groups, including girls and children in remote or underserved areas.
He highlighted the need to explore innovative financing mechanisms such as resource-based financing and education bonds to expand learning opportunities for all.
According to him, the growing use of digital technology offers a unique opportunity to improve how education is financed across Africa.
He explained that digital payment systems and data-driven tools can enhance transparency, strengthen accountability, and ensure that every contribution is used effectively.
He called on African governments, development partners, and the private sector to align resources, expertise, and innovation with Africa’s own priorities particularly in areas such as STEM education, digital infrastructure, and technical and vocational training.
“In reimagining education financing in Africa, we are doing more than fulfilling a right. We are building the economic engine for the continent we desire,” he stated, adding that it is time for Africa to invest in its own potential and secure a prosperous and inclusive future for every child.
By: Jacob Aggrey
Businessman Mr. Ibrahim Mahama has denied reports linking him to a takeover bid for the Volta Aluminium Company (VALCO).
His reaction follows a demonstration by members of the VALCO Labour Union today, during which some protesters alleged that Mr. Mahama was interested in acquiring the state-owned aluminium company.
In a statement issued by his Special Aide, Rafik Mahama, the businessman said he has “no such interest” and has not made any offer to acquire VALCO.
“The allegation is the latest in several vile attempts to impute the integrity of Mr. Ibrahim Mahama and subject him to needless public engagements,” the statement said.
The statement added that Mr. Mahama’s business track record speaks for itself, describing his companies as “some of the best-run operations across the African continent.”
It further noted that all of Mr. Mahama’s business interests were “legally commenced or acquired” and operate within the law a fact it said explains why his businesses have endured across seven election cycles.
“Mr. Mahama remains committed to contributing his quota to the development of Ghana by investing in business opportunities in Ghana and beyond,” the statement added.
The statement also disclosed that Mr. Mahama has instructed his lawyers to take the necessary legal action over the publication and allegations.
By Edem Mensah-Tsotorme
The leadership of Kristo Asafo has dismissed reports circulating on social media and in some media outlets that the late Apostle Kwadwo Safo Kantanka will be buried on July 30, 2026, describing the claim as false.
The current head of the Kantanka family and leader of Kristo Asafo, Kwadwo Safo Akofena Kantanka, addressed the issue during a press conference in Accra today.
He said no burial date has been set and urged members of the church and the general public to disregard any unofficial announcements.
“I urge the members of Kristo Asafo and the nation to disregard any burial date out there,” Akofena said.
He further stressed that neither the leadership of the church nor the Kantanka family has made any such announcement regarding the funeral.
According to him, all official funeral arrangements will be communicated only through a formal statement from the Kantanka family when the time is due.
Akofena Safo Kantanka said the family remains united in ensuring that the final funeral rites are conducted in a manner that befits the legacy of the late Apostle.
He called on Ghanaians to remain calm and wait for the official communication from the family, warning against the spread of misinformation.
Background
Apostle Dr. Ing. Kwadwo Safo Kantanka, founder and spiritual leader of Kristo Asafo Mission of Ghana, passed away recently, plunging the church and the nation into mourning.
The late Apostle was widely known not only as a religious leader but also as an industrialist, inventor, and founder of the Kantanka Group of Companies, which manufactures vehicles and other machinery in Ghana.
Since his passing, there has been heightened public interest in his funeral arrangements.
It would be recalled that a faction of the siblings and family led by former MP Adwoa Safo had earlier announced a proposed burial date and arrangements.
That announcement, however, has been rejected by the current leadership of both the church and the family.
By Edem Mensah-Tsotorme
