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President Akufo-Addo Leads Call to Double IDA Funding at Nairobi Summit
In an address at the 2024 International Development Association (IDA) Summit held in Nairobi, President Nana Addo Dankwa Akufo-Addo of Ghana emerged as a leading voice, advocating for a groundbreaking initiative: the doubling of funding for the IDA.
Amidst a backdrop of global challenges, President Akufo-Addo’s clarion call for increased support to the IDA reverberated throughout the summit halls, igniting discussions on the imperative of bolstering international development efforts.
President Akufo-Addo’s passioned plea underscored the urgent need for enhanced financial resources to confront the daunting infrastructure deficit plaguing African nations.
Quoting figures from the African Development Bank (AfDB), the President highlighted Africa’s infrastructure needs, estimated at a staggering $130 billion to $170 billion annually, with a yawning financing gap of $68 billion to $108 billion. Such disparities, he emphasised, hinder economic growth, stifle progress, and perpetuate cycles of poverty and inequality.
Central to the President’s argument was the pivotal role of the IDA in providing concessional financing to bridge the resource gap and facilitate sustainable development.
Against the backdrop of mounting debt distress and the far-reaching impacts of climate change and the COVID-19 pandemic, President Akufo-Addo stressed that doubling IDA funding was not merely an option but an imperative for African nations striving to navigate these intersecting crises.
Drawing from Ghana’s own experiences, particularly its engagement in debt restructuring under the G20 Common Framework, President Akufo-Addo elucidated the challenges facing countries grappling with debt burdens. He emphasised that doubling IDA resources would not only alleviate debt pressures but also enable nations to address pressing developmental needs, from infrastructure investment to climate resilience and social protection.
The President’s advocacy for doubling IDA funding resonated with summit participants, who echoed his sentiments on the need for bold and transformative action. Recognising that development efforts require sustained, long-term investment.
President Akufo-Addo called upon the international community to seize the opportunity presented by the IDA replenishment to mobilise resources, forge partnerships, and chart a course toward inclusive and sustainable development.
As the summit concluded, President Akufo-Addo’s call to double IDA funding reverberated as a rallying cry for solidarity and shared responsibility in addressing the most pressing challenges of our time. With the stakes high and the need urgent, the President’s visionary leadership set the stage for a renewed commitment to building a brighter future for all.
The New Patriotic Party (NPP) has opened applications for members interested in contesting as its parliamentary candidates in the 2028 general elections.
In a statement issued on Thursday, October 29, 2026, the party said interested members must declare their intention to contest between Sunday, November 1, and Tuesday, November 10, 2026.
According to the statement signed by the party’s Communications Director, Dennis Miracles Aboagye, prospective candidates must complete an online form within the specified period.
The party said a non-refundable application fee of GH¢5,000 would be charged to each prospective candidate.
It added that all applicants would undergo vetting and screening to determine their eligibility to contest on the party’s ticket.
The NPP announced plans to organise capacity-building workshops for prospective candidates in December 2026. The workshops will be held across the Northern, Middle and Southern zones, with details of the venues to be announced later.
The party stressed that the guidelines would apply to all prospective candidates, including sitting NPP Members of Parliament who wish to contest again.
It further warned aspirants against starting campaign activities following the opening of the application process.
According to the statement, the existing directive prohibiting campaign activities remains in force until the party gives official clearance.
It cautioned that anyone who violates the directive would face appropriate sanctions under the party’s constitution and regulations.
The NPP said the process was designed to promote fairness, transparency and equal opportunities for all aspirants as it prepares to select candidates for all 276 constituencies ahead of the 2028 elections.
It urged prospective candidates to follow the guidelines and conduct themselves with discipline and respect for one another throughout the process.
The party said its broader objective was to strengthen unity within its ranks and rebuild public confidence ahead of the 2028 general elections.
By: Jacob Aggrey
Firefighters from the Upper West Regional Command have responded to a vehicular incident involving a long vehicle carrying 35 Intermediate Bulk Containers (IBC totes) reportedly containing hydrogen peroxide at Goriyiri in the Nadowli-Kaleo District.
The five-member crew, led by ASTNO Balagee, reported to the scene where a fire and an explosion had reportedly occurred.
The firefighters assessed the scene, identified the chemical hazards and implemented appropriate response measures, bringing the situation under control.
The driver reportedly sustained severe chemical burns and was transported to the hospital for treatment.
By Edem Mensah-Tsotorme
