Businessman and entrepreneur Dr. Kofi Amoah, popularly known as Citizen Kofi, has urged Ghana’s leadership to take bold steps toward renegotiating its relationships with development partners to reset the country’s economy.
Dr. Amoah suggested that it is time for Ghana to demand fair compensation for its abundant natural resources, such as oil, gold, bauxite, and lithium, which have benefited international partners for decades.
“Can Ghana ask for a measly investment or forward payment of $100 to $150 billion from “our development partners” in oil, gold, bauxite, lithium etc.”
In a social media post on January 23, 2025, he pointed out that despite Ghana’s valuable contributions to the global economy through its resources, development partners have not shown the same level of commitment to providing the country with meaningful assistance.
Taking inspiration from former U.S. President Donald Trump’s approach to diplomacy, which emphasized the importance of reciprocal partnerships, Dr. Amoah likened Ghana’s situation to that of Saudi Arabia.
According to him, under Trump, the U.S. sought to strengthen its relationship with Saudi Arabia, calling for an increase in their pledged $600 billion investment to $1 trillion.
“Ghana has been good to her so-called “Development Partners” with her natural resources and they have profited immensely; it’s about time they showed some love and give something back at this time that Ghana needs existential help I hope and pray that our new, legacy-focused ‘Reset’ President would seriously consider this fair suggestion and have confidential discussions with “them” to help Ghana reset her economy and benefit from God’s gifts as God intended I’m suggesting this fair and reasonable approach, with respect, to President Mahama @JDMahama
for his kind consideration and action.
“For this approach to be taken seriously, our President must be seen by “them” as having the support and push by the people of Ghana. It is the right of the people of Ghana to benefit appropriately from her God-gifted natural resources as America, Saudi Arabia, Russia, China and all other countries do,” he said.
Dr. Amoah emphasized that Ghana should demand a fair share from its development partners to help propel the nation’s growth.
“Ghana can engage in this reasonable negotiation with these partners and help establish equitable relations in a manner that will promote Ghana’s development similar to how the Arab countries have successfully used their mono crop, OIL, to leapfrog into dizzying levels of growth and development.
“The raging fire in some parts of Africa where former colonial countries are being pushed out due to Africa’s present distaste for hegemony and resource exploitation can be, and must be, replaced with a new, fair and sensible joint venture alliance in which Africa can see factories built in Africa, employing her peoples to learn and process their abundant natural resources into finished products for the home and the export markets, an arrangement that foreign investors earn reasonable and appreciable returns and hence guarantee a continuous and mutually rewarding alliance,’ he added.
In the vein of the famous Akan proverb:
If you don’t have a parent to advise you, listen carefully when a wise parent is giving advice to his son
In the Age of Trump, Africa Also Needs New Sheriffs to Change Her Fortunes…
Can Ghana ask for a measly investment or forward… https://t.co/kWpmjSthlX
— CitizenKofi (@amoah_citizen) January 23, 2025
AM/KA
Meanwhile, watch as Finance Minister-designate, Ato Forson promises to scrap E-Levy in 120 days
You can also watch as Ato Forson assures Ghanaians of reintroducing road tolls