• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, August 24, 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

April 18, 2024
Evans Junior Owuby Evans Junior Owu
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

Tamale Central By-Election: 12 NDC Aspirants Remain in Race

Helicopter Crash Finding Raises Questions On Flight Protocols

COCOBOD must Adapt, not Disappear — Finance Ministry Advisor Defends COCOBOD’s Existence

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.

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

[mc4wp_form id="1264"]

Related Posts

Inflation Pressures Ease, But August CPI Faces ‘Upside Risk’ from Base Effects
Economy

Inflation Pressures Ease, But August CPI Faces ‘Upside Risk’ from Base Effects

August 24, 2025
NDC Defends Fuel Allowance Ban Amidst NPP ‘Settings’ Criticism
General News

Tamale Central By-Election: 12 NDC Aspirants Remain in Race

August 24, 2025
Ayra Starr Attributes Latest Song To New Mindset
Entertainment

Ayra Starr Attributes Latest Song To New Mindset

August 24, 2025
Executive Director of Africa Education Watch (Eduwatch), Kofi Asare
Education

BECE Malpractice Surges in 2025, Eduwatch Raises Alarm 

August 24, 2025
Kemi Badenoch Opens Up On Racism Faced
UK

Kemi Badenoch Opens Up On Racism Faced

August 24, 2025
Lands Ministry Insists Fight Against Galamsey Under Control, Not Overwhelmed 
Extractives/Energy

Lands Ministry Insists Fight Against Galamsey Under Control, Not Overwhelmed 

August 24, 2025
Inflation Pressures Ease, But August CPI Faces ‘Upside Risk’ from Base Effects
Economy

Inflation Pressures Ease, But August CPI Faces ‘Upside Risk’ from Base Effects

by Stephen M.CAugust 24, 2025
NDC Defends Fuel Allowance Ban Amidst NPP ‘Settings’ Criticism
General News

Tamale Central By-Election: 12 NDC Aspirants Remain in Race

by Silas Kafui AssemAugust 24, 2025
Ayra Starr Attributes Latest Song To New Mindset
Entertainment

Ayra Starr Attributes Latest Song To New Mindset

by Esther Korantemaa OffeiAugust 24, 2025
Executive Director of Africa Education Watch (Eduwatch), Kofi Asare
Education

BECE Malpractice Surges in 2025, Eduwatch Raises Alarm 

by Evans Junior OwuAugust 24, 2025
Kemi Badenoch Opens Up On Racism Faced
UK

Kemi Badenoch Opens Up On Racism Faced

by Lawrence AnkutseAugust 24, 2025
Lands Ministry Insists Fight Against Galamsey Under Control, Not Overwhelmed 
Extractives/Energy

Lands Ministry Insists Fight Against Galamsey Under Control, Not Overwhelmed 

by Prince AgyapongAugust 24, 2025
Inflation Pressures Ease, But August CPI Faces ‘Upside Risk’ from Base Effects
NDC Defends Fuel Allowance Ban Amidst NPP ‘Settings’ Criticism
Ayra Starr Attributes Latest Song To New Mindset
Executive Director of Africa Education Watch (Eduwatch), Kofi Asare
Kemi Badenoch Opens Up On Racism Faced
Lands Ministry Insists Fight Against Galamsey Under Control, Not Overwhelmed 
[/vc_row_inner]

Recent News

  • Inflation Pressures Ease, But August CPI Faces ‘Upside Risk’ from Base Effects
  • Tamale Central By-Election: 12 NDC Aspirants Remain in Race
  • Ayra Starr Attributes Latest Song To New Mindset
  • BECE Malpractice Surges in 2025, Eduwatch Raises Alarm 
  • Kemi Badenoch Opens Up On Racism Faced
The Vaultz News

Copyright © 2021 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 © 2021 The Vaultz News. All rights reserved.