The College of Skilled Research, Accra (UPSA), on Tuesday held its 2025 annual management lecture sequence on the college’s auditorium in Accra.
The occasion, which introduced collectively excessive personalities from academia, authorities, and the clergy, together with former President John Agyekum Kufuor, featured former South African President Jacob Zuma because the keynote speaker.
Underneath the theme “The geopolitics and geo-economics of de-dollarisation: BRICS forex technique, classes for Africa’s frequent forex and past”, the lecture created a discussion board for company to ask questions.
Regarding a unified Africa, Mr Zuma emphasised the necessity for African nations to undertake a single forex, citing the potential advantages of streamlined intra-African commerce, decreased transaction prices, and enhanced financial resilience.
He argued that Africa’s continued reliance on foreign currency echange, notably the US greenback, perpetuates a system of financial dependency rooted in colonial historical past.
A single African forex would assist break away from this dependency and unlock the continent’s huge financial potential.
He proposed the creation of an African-owned buying and selling platform to facilitate intra-continental commerce and cut back dependence on overseas monetary methods.
This, he stated, would prioritise African items and companies, foster self-reliance, and defend the continent from exterior financial shocks.
The lecture highlights the rising dialog round Africa’s financial future and its quest for monetary sovereignty.
By advocating for a unified forex and African-owned buying and selling platforms, Mr Zuma’s proposals purpose to cut back the continent’s reliance on exterior financial methods and promote financial integration.
The African Continental Free Commerce Space (AfCFTA), launched in 2021, is seen as a essential step towards attaining this objective.
Additionally on the lecture have been the Minister of Schooling, Haruna Iddrisu; former Inside Minister Kan Dapaah; and the Presidential Envoy for Interfaith and Ecumenical Relations, Elvis Afriyieh Ankrah, in addition to Zenith Financial institution Managing Director Chinedu Onwuzurigbo.
The opening comment was delivered by the Vice Chancellor of the College, Prof. John Kwaku Mensah Mawutor.
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