Local news

War in Ukraine negatively affected economies of African countries and caused high inflation – Akufo-Addo

Ghanaian President Nana Addo Dankwa Akufo-Addo said that the war in Ukraine has an impact on Africa.

He said it has affected African economies, living standards, and high inflation. Ghana is interested in participating in efforts to find a solution to end the war.

Akufo-Addo said this at the end of the Global Peace Summit, UNN reports.

“We are against this idea of colonialism, of domination in the world, but in this context we look at Russian aggression in Ukraine. The consequences of this aggression go far beyond the conflict. Africa became an accidental victim of this conflict, supply chains were disrupted.

‘This has had a terrible impact on our economies, on living standards, on high inflation. Food prices have skyrocketed and these are some of the consequences of the invasion and so we have an interest in participating in efforts to find a solution to this conflict.

“A solution to the conflict must be based on a comprehensive, just, lasting peace based on the principles of international law and the UN Charter,” Akufo-Addo said.

He added that it is necessary to find ways to engage Russia and China in the process of ending the war.

President of Ukraine Volodymyr Zelenskyy, speaking at the second plenary session of the Global Peace Summit, said that the participants made the right choice, the choice of two security and one humanitarian item, to start moving towards restoring full security and a just peace.

The dialogue has taken place and it is clear that it can have very practical consequences.

Share
MasemTV Newsroom

Recent Posts

I’m sure God is even clapping for President Mahama – NPP’s Charles Owusu

Former Forestry Commission official Charles Owusu has lauded former President John Mahama for demonstrating humility… Read More

14 hours ago

Stable cedi credited for recent drop in cement prices – Trade Minister

The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has attributed the recent decline in… Read More

14 hours ago

Support appointees to succeed — Asiedu Nketia admonishes NDC Members

The National Chairman of the ruling National Democratic Congress (NDC), Hon. Johnson Asiedu Nketia, has… Read More

23 hours ago

Your hardwork will be rewarded – Asiedu Nketiah urges grassroots to be supportive and hopeful

The National Chairman of the ruling National Democratic Congress, Hon. Johnson Asiedu Nketiah on Friday,… Read More

24 hours ago

NAIMOS clears reckless illegal mining along the Kumasi – Sunyani Highway

In a decisive move, operatives of the National Anti Illegal Mining Operations Secretariat (NAIMOS) embarked… Read More

24 hours ago

Spare Parts Prices Stay High Despite Falling Dollar, Dormaa Gyasa Krontihene Calls for Government Action

Nana Oppong Kyekyeku Ababio, the Dormaa Gyasa Krontihene, has raised concern over the persistently high… Read More

2 days ago