President Akufo-Addo has stressed that Ghana’s development of human capital hinges crucially on substantial investments in education.
Addressing the Presidential Media Briefing on Foundational Learning in Sub-Saharan Africa, hosted by Human Capital Africa (HCA) in Accra, he drew parallels between Ghana’s educational endeavors and those of South Korea.
“We began our independence at the same time as South Korea, nearly 70 years ago. The difference is clear, and it doesn’t require me to point it out. The extraordinary commitment they made to developing their human capital is evident, and they have reaped the rewards. We need to make the same efforts here,” he added.
He highlighted that education currently accounts for the largest share of Ghana’s national budget, underscoring that investing in education is the most reliable path to achieving significant progress in human capital development.
“Unfortunately, we have political leaders who say that if they had two billion cedis, they would not spend it on education. But the key for us is that unless we make investments in education, we will not develop. Education represents the biggest part of our national budget, and it will remain so. We need to recognize that this investment is the surest way to make substantial progress,” he stressed.
The President expressed confidence that the Presidential Media Briefing on Foundational Learning in Sub-Saharan Africa would catalyze action needed to enhance education across the continent.