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President Akufo-Addo Clarifies Reasons Behind Soaring Food Prices in Africa

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His Excellency, Nana Addo Dankwa Akufo-Addo, the President of the Republic of Ghana, has elucidated the factors contributing to the increase in food prices across Africa.

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The President spoke on Sunday, June 16th, 2024, at the Ukraine Peace Summit in Switzerland, marking a crucial moment in the shared quest for peace and justice.

He emphasized that the mission to seek a comprehensive, just and lasting peace for Ukraine is rooted in the principles of international law and the UN Charter.

During his address at the event, Nana Addo stated: “We are facing additional strains on vulnerable economies and struggling to recover from the COVID-19 pandemic.

Nana Addo Dankwa Akufo-Addo / Photo Credit: Britannica

“The blockade of the Black Sea has led to severe shortages and skyrocketing food prices, precipitating a food security crisis across Africa.

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“This has resulted in a surge in the cost of living and a looming threat of hunger and malnutrition over the continent’s most vulnerable populations. The repercussions of the war extend far beyond Ukraine, threatening global stability and economic security.”

“Sustainable peace is built on open, honest, and inclusive dialogue. By reaffirming the commitment to the rule of law, respect for national sovereignty, and protection of human rights, the Summit provided an opportunity to bridge divides and lay the groundwork for durable peace.

“The Ukraine Peace Formula, which includes the cessation of hostilities, withdrawal of foreign troops, and restoration of Ukraine’s territorial integrity, stands as a critical framework for achieving lasting peace.”





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