• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, October 20, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

African Governments Urged to Commit to Improving Education Financing

evansjrby evansjr
April 18, 2024
Reading Time: 3 mins read
evansjrby evansjr
in General News
0
African Governments Urged to Commit to Improving Education Financing

Kofi Asare, the Executive Director of Africa Education Watch (Eduwatch) has strongly called upon African governments to undertake urgent measures to improve upon the continent’s education financing landscape.

Mr Asare commenting on the African Union (AU) Continental Education Strategy, which would end in the year 2025 underscored the pressing need for adequate funding to tackle the staggering deficits in education provision on the continent.

“2024 is the African Union (AU) year of education, a pre-cursor to the end of the AU Continental Education Strategy (2016-2025)”.

Kofi Asare, Executive Director Eduwatch

He began his remarks by stating that as of 2023, a staggering 38 million children across Africa found themselves deprived of schooling, while the demand for 17 million additional teachers in basic and secondary schools looms ominously.

RelatedPosts

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

AG’s Office Awaits OSP’s Docket to Trigger Ofori-Atta’s Extradition — Deputy Attorney-General

Ghana Medical Trust Fund Kickstarts Phase Two of Hospital Needs Assessment Tour

Mr Asare thus emphasized that to address such a critical and worrying issue on the continent, it is incumbent for all governments in the region to take immediate steps towards addressing the shortfalls on one critical factor in education, which is financing.

The leader of the education-focused think-tank group while calling for actions among African governments lamented over what he described as a troubling trend of disconcerting statistics across the continent in which 15 countries are allocating more funds to servicing debt than to education.

Kofi Asare 2
Kofi Asare, Executive Director Eduwatch

Ghana Falls Short of AU’s 20% Education Financing Benchmark

Ghana, unfortunately, Mr Asare recounted finds itself among this group of countries in the region, with a startling 28% of its revenues diverted towards debt repayment, while a meagre 18% is earmarked for funding education.

ADVERTISEMENT

Mr Asare stated with disappointment that such a figure falls short of the African Union’s recommended benchmark of each country in the region spending 20% of its national revenues on education.

Contrastingly, the Executive Director of Africa Education Watch commended what he described as the proactive leadership and efforts of ten countries, including Burkina Faso, Sierra Leone, Senegal, Tanzania, Togo, and South Africa, for surpassing the African Union’s target by allocating more than 20% of their national revenues to financing education in their respective countries.

He stressed the importance of other countries including Ghana to also commit to investing significantly in education, asserting that such approach necessitates a reduction in the appetite for loans that ultimately burden nations with unsustainable debt levels.

Central to Mr Asare’s prescription for sustainable education financing for all African governments is the pursuit of progressive taxation.

He argued that a fair and equitable tax system, where the burden is shouldered by those most capable, is paramount to ensuring the availability of resources for vital public services like financing education.

In his impassioned plea, Kofi Asare, the Africa Education Watch Executive Director called upon African governments to reevaluate their spending priorities, urging them to prioritize investment in education over debt servicing.

He underscored that investing in education is not only a moral imperative but also a strategic move towards fostering sustainable development and championing economic prosperity.

The African Union (AU) Continental Education Strategy (CESA 16-25) is a continental strategy that matches the 2016-2025 framework of the African Union 2063 Agenda, meets the Common African Position (CAP) on the Post-2015 Development Agenda and draws lessons from previous continental plans and strategies about the role and place of the AUC (AU) which, unlike member states, has no territory for the implementation of strategies in the field.

The education strategy according to the African Union capitalizes on numerous and active players ready to mobilize financial, human and technical resources within national, regional and continental coalitions for education, science and technology.

Overall, the African Union (AU) Continental Education Strategy seeks to provide each education stakeholder the opportunity to make his or her best contribution to education and training in Africa.

READ ALSO: Politicization Threatens Ghana’s Governance and Energy Sector Stability

Tags: Africa Education WatchAfrican Union (AU)AU Continental Education Strategy (2016-2025)Education Financingghana
Please login to join discussion
Previous Post

Ghana-Iran Collaborates to Share Knowledge in Mining

Next Post

Absa Bank Champions Intra-African Trade Through the Absa Export Advantage Forum

Subscription Form

Related Posts

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition
General News

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

October 20, 2025
Dr Justice Srem Sai, Deputy Attorney General and Minister for Justice
General News

AG’s Office Awaits OSP’s Docket to Trigger Ofori-Atta’s Extradition — Deputy Attorney-General

October 20, 2025
The Administrator of the Ghana Medical Trust Fund, Ms. Obuobia Darko Opoku, Leading the delegation
General News

Ghana Medical Trust Fund Kickstarts Phase Two of Hospital Needs Assessment Tour

October 20, 2025
NPP Presidential Primaries; Kennedy Agyapong On A Countdown To A Showdown
General News

Kennedy Agyapong Leading NPP Presidential Primaries Race with 44.11% Support — Poll

October 20, 2025
Galamsey Threat Puts Ghana’s Water Security at Breaking Point
General News

Galamsey Threat Puts Ghana’s Water Security at Breaking Point

October 20, 2025
Ursula Owusu-Ekuful Declares Bid to Lead NPP’s Renewal Drive as General Secretary
General News

Ursula Owusu-Ekuful Declares Bid to Lead NPP’s Renewal Drive as General Secretary

October 20, 2025
US President, Donald Trump and Australian Prime Minister, Anthony Albanese sign rare earth deal.
USA

US, Australia Ink Rare Earth Mineral Deal

by Comfort AmpomaaOctober 20, 2025
Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 
Vaultz Business

Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 

by Silas Kafui AssemOctober 20, 2025
No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition
General News

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

by Emmanuel Tibila BoasahOctober 20, 2025
Dr Justice Srem Sai, Deputy Attorney General and Minister for Justice
General News

AG’s Office Awaits OSP’s Docket to Trigger Ofori-Atta’s Extradition — Deputy Attorney-General

by evansjrOctober 20, 2025
Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares
Vaultz Business

Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares

by M.COctober 20, 2025
20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions
Economy

20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions

by Michael Teye-Bio NaduteyOctober 20, 2025
US President, Donald Trump and Australian Prime Minister, Anthony Albanese sign rare earth deal.
Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 
No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition
Dr Justice Srem Sai, Deputy Attorney General and Minister for Justice
Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares
20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions

Recent News

US President, Donald Trump and Australian Prime Minister, Anthony Albanese sign rare earth deal.

US, Australia Ink Rare Earth Mineral Deal

October 20, 2025
Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 

Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 

October 20, 2025
No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

October 20, 2025
Dr Justice Srem Sai, Deputy Attorney General and Minister for Justice

AG’s Office Awaits OSP’s Docket to Trigger Ofori-Atta’s Extradition — Deputy Attorney-General

October 20, 2025
Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares

Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares

October 20, 2025
20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions

20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions

October 20, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address