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First with the News

Mahama, Adesina Declare Africa’s Rise, Call For Bold Shift From Aid To Investment-Driven Growth

April 12, 2026
in Top Stories, World
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L-R: President John Mahama presents AfriHeritage's African Lifetime Achievement Award to Dr. Akinwumi Adesina, flanked by his wife. PHOTO: AFRIHeritage

L-R: President John Mahama presents AfriHeritage's African Lifetime Achievement Award to Dr. Akinwumi Adesina, flanked by his wife. PHOTO: AFRIHeritage

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African leaders have issued strong and forward-looking declarations on Africa’s future, urging a decisive shift from dependency to investment-led prosperity, while affirming that the continent is already on an irreversible path of growth and global relevance.

Call for a Paradigm Shift

Speaking in Accra at the 4th Edition of the African Heritage Awards, Ghanaian President, John Dramani Mahama reinforced the call for a paradigm shift in how Africa manages its resources and engages with the global economy. He warned that the changing global order which is marked by declining humanitarian assistance and shifting geopolitical priorities, demands a new strategy from African nations.

“Africa cannot sit with cup in hand and go begging,” Mahama who was Special Guest of Honour and Chief Host of the event, stated firmly, stressing that the continent must leverage its God-given natural resources, including gold, lithium, oil, and gas, to build sustainable prosperity for its people.

African Continental Free Trade Area

Mahama pointed to the African Continental Free Trade Area (AfCFTA) as a key instrument for driving intra-African trade and economic integration, noting early signs of progress despite implementation challenges. He also emphasized the importance of leadership, unity, and strategic collaboration across the continent, asserting that Africa possesses the human capital and intellectual capacity needed to transform its fortunes.

AfriHeritage Award Recipients

Earlier, after receiving AfriHeritage’s Life Time Achievement Award, former President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina delivered a sweeping and data-backed assessment of Africa’s trajectory, declaring that “Africa is not just growing. Africa is compounding,” citing projections that the continent will record about 4.2 percent GDP growth in 2026 and remain among the fastest-growing regions globally for the next four years.

Investment in Africa

According to him, the narrative about Africa must fundamentally change. “Africa is no longer a promise. Africa is not potential. Africa is an investable reality,” he said, pointing to the rise of globally competitive African enterprises in energy, telecommunications, fintech, and digital payments as clear evidence of the continent’s readiness.

Dr. Adesina stressed that while Africa possesses vast natural and economic assets, including 30 percent of the world’s critical mineral reserves, it continues to attract only a fraction of global investment flows. He described this disparity not as a risk, but as a “mispricing of Africa,” urging global investors to recognize the continent’s true value and potential.

In agreement, former President of Botswana, Seretse Khama Ian Khama noted that Africa’s story remains one of resilience, creativity, and immense potential, stressing that beyond honouring outstanding achievers, the annual prestigious gathering also serves as a platform to reaffirm shared responsibility to build a future anchored on unity, progress, and opportunity for all.

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