Protestors march during a street demonstration against the worsening economic crisis, in Accra. REUTERS/Francis KokorokoProtestors march during a street demonstration against the worsening economic crisis, in Accra. REUTERS/Francis Kokoroko
Filing past police in riot gear, the red-clad crowd waved placards and chanted ‘Akufo-Addo must go’ and ‘IMF no’ in reference to the government’s ongoing talks with the International Monetary Fund for billions of dollars to prop up the economy. “He has failed, and we are asking him to resign. High fuel price increments are killing the people of Ghana,” said protester Rafael Williams.
Ghana, which produces gold, cocoa and oil, has also seen its cedi currency plummet by more than 40% against the dollar this year, making it one of the worst-performing currencies in a region that is suffering from the fallout from a global economic slowdown.