Ghana Protesters: 'Economy Misgoverned!'

Thousands of Ghanaian protesters—wearing the traditional funeral colors of red and black—have demanded the resignation of Bank of Ghana Governor Ernest Addison and his two deputies. The crowd marched on October 3 to the central bank head office, protesting what they say is economic mismanagement during the worst debt crisis in a generation. This follows a series of protests over the high cost of living and unemployment in a country rich with cocoa, gold and oil. In July, Ghana's central bank reported a record loss of 60.8 billion cedi ($5.3 billion) for 2022, primarily due to debt restructuring. In May, Ghana signed onto a three-year, $3 billion loan programme with the International Monetary Fund.

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