• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, August 18, 2026
  • 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
in General News

Ablakwa Demands New World Order as Russia Backs Ghana’s Restitution Summit

Evans Junior Owuby Evans Junior Owu
August 18, 2026
Reading Time: 6 mins read
Add as Preferred on Google
Minister for Foreign Affairs, Samuel Okudzeto Ablakwa

Minister for Foreign Affairs, Samuel Okudzeto Ablakwa

Ghana’s Foreign Affairs Minister Samuel Okudzeto Ablakwa has demanded a new world order that changes how Africa is financed, represented and treated at the United Nations.

He spoke at a joint press engagement with his Russian counterpart during a three-day visit, where he announced that Sergey Lavrov has confirmed attendance at a summit on restitution that President John Dramani Mahama hosts in September.

The Minister linked the return of looted artefacts to reform of the international financial architecture, a permanent African seat on the Security Council, and the right of African countries to add value to their own resources.

Ablakwa in Russia 6
Foreign Affairs Minister Samuel Okudzeto Ablakwa delivers remarks on Africa’s reparatory justice agenda during his official visit to Russia.

He was equally clear about what the campaign does not seek, telling the engagement that Ghana wants support for causes rather than payments to leaders. Ablakwa presented the September gathering, and Lavrov’s commitment to it, as evidence that the campaign is gaining ground.

ADVERTISEMENT

“That is why, in September, President Mahama is hosting this important summit on restitution on the margins of the 81st Session of the United Nations General Assembly. We have invited Foreign Minister Lavrov to join us. He has confirmed that he will be participating, and it is very important that we keep the momentum”.

Ghana’s Foreign Affairs Minister Samuel Okudzeto Ablakwa

A summit convened on the margins of the General Assembly places the question before an audience of foreign ministers who would not otherwise gather for it. Russian participation adds a permanent member of the Security Council to the platform.

Artefacts taken from the palaces of chiefs

The Minister grounded the demand in what the missing objects mean to the communities they came from. “These are emblems and symbols of our culture, of our traditions, and of our chieftaincy institutions. Some of them were looted from the palaces of our chiefs, and that is so important to us. It is about our identity. It is about who we are,” he said.

Ablakwa in Russia
Foreign Affairs Minister Samuel Okudzeto Ablakwa engages his Russian counterpart during discussions on Ghana-Russia relations and Africa’s economic interest

He then widened the frame across the continent’s historic states. “From Egypt all the way to the Kingdom of the Ashanti, the Malian Empire, the Songhai Empire, and the Benin Empire, these artifacts continue to be in the possession of wrongful hands. We expect these artifacts to be returned,” he said.

European museums, he added, continue to profit from looted items, increasing gate fees each year and benefiting from what they took from the continent.

A financial system he says is rigged

Ablakwa moved from artefacts to money, treating the two as parts of one agenda.

ADVERTISEMENT

“The international financial system is rigged against the Global South. High risk, high interest, high capital, which is very expensive, continues to militate against the development of Africa. We cannot continue with this world order, and that is why we are demanding that the global financial architecture changes”.

Ghana’s Foreign Affairs Minister Samuel Okudzeto Ablakwa

He put part of the blame on how African economies are assessed by those who price their debt. “If you look at the sovereign rating agencies and how they treat African economies, the kind of reports they produce and how they make it risky to invest in Africa, that is what leads to the high interest rates,” he said.

Ablakwa in Russia 2
Russian Foreign Minister Sergey Lavrov

The consequence, in his account, arrives in national budgets. “You are seeing a lot of African countries spending sometimes 40 percent or 50 percent of all national revenue just on servicing debts and interest payments. How can you develop? How can you catch up in this rigged world order with this kind of arrangement?” he said.

No African seat at the Security Council

The Minister turned to United Nations reform, setting what Africa contributes against what it receives. “The large continent of Africa, with 54 UN member states, cannot have even just one seat at the Security Council when we are always in the top 10 contributing nations,” he said.

ADVERTISEMENT

He pressed the point through the soldiers from African states sent into United Nations operations. “We have thousands of our soldiers risking their lives on a daily basis in various theatres of conflict, putting themselves in harm’s way to ensure that there is global peace and security, and yet we do not have a voice at the UN Security Council,” he said.

Ablakwa addressed a criticism that has followed Ghana’s reparations campaign for years. “We are not saying, ‘Give African leaders financial payments.’ We are not interested in the money of the West. We are saying, support our call for reparations,” he said.

He commended the Archbishop of Canterbury for announcing £100 million to support young African entrepreneurs and investment in start-ups, describing it as the kind of arrangement Ghana wants to see.

“African leaders are not asking for money to line our pockets. That is not what we are asking for,” he said. Debt forgiveness, the financial architecture and United Nations reform all belong in the same conversation, he added.

An end to exporting raw materials

The final strand concerned control over resources. Ablakwa said Ghana no longer wants to export raw materials, and commended Russia for declaring support for a new economic paradigm in which African countries would not be at the mercy of exploitation.

Ablakwa in Russia 5
Samuel Okudzeto Ablakwa and his Russian counterpart exchange views on strengthening bilateral relations and advancing shared international priorities.

“We want to add value to our own resources, industrialise, build factories, and then you can partner with us in a win-win arrangement,” he said. He named cocoa, gold, bauxite, oil and gas among the commodities where Ghana holds no pricing power, and said the country cannot continue under an order in which it does not determine the prices of what it owns.

Ablakwa closed by placing the agenda in a line running from 1957. “Nkrumah talked about political liberation, which we won in 1957 when we were the first African country to win independence. But he reminded us that that is not the end of the journey. We need economic emancipation, economic liberation, and that is the next frontier,” he said.

That, in his account, is the battle President Mahama is now leading, and the one the whole reparatory justice agenda is meant to win.

READ ALSO: Hichilema Wins Second Term as Zambia’s President

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: new world orderreparatory justicerestitution summitSamuel Okudzeto AblakwaSecurity Council reformSergey LavrovUN General Assembly
Please login to join discussion
Previous Post

KiDi Releases Gritty New Cover Art For Third Album

Next Post

BOST Tackles Kumasi Depot Bottlenecks As Tanker Strike Suspended

Related Posts

Foreign Affairs Minister Samuel Okudzeto Ablakwa, left, and Russian Foreign Minister Sergey Lavrov exchange the signed copies of the visa waiver agreement covering diplomatic and service passports. Photo: Ministry of Foreign Affairs
General News

Ablakwa Secures Visa Waiver, Doubled Scholarships, and Defence Ratification in Russia

August 18, 2026
Hon. Kwabena Mintah Akandoh, Minister of Health
Health

Government to Procure 100 New Ambulances for NAS in 2027 – Hon. Akandoh

August 18, 2026
NPP Top 3 Regional Chairman Elected
General News

NPP Regional Leaders Chosen To Drive 2028 Revival, Ahiagbah Says

August 18, 2026
Minister for Education, Hon. Haruna Iddrisu
General News

Educatin Minister Appeals to GAUA to Call Off Ongoing Strike

August 18, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

17870458516595834495041195065909

Ghana’s Ambassador to Czechia Rallies Black Princesses Ahead of World Cup

August 18, 2026
Ukraine's President Volodymyr Zelenskyy.

Zelenskyy Vows Response After Russian Strike Kills 10

August 18, 2026
Afghan Women

Women Face Growing Exclusion From Afghanistan’s Labour Market

August 18, 2026
IMG 4675

Mobile Money Fintech Opens for Application MoMo Fintech Lab

August 18, 2026
Foreign Affairs Minister Samuel Okudzeto Ablakwa, left, and Russian Foreign Minister Sergey Lavrov exchange the signed copies of the visa waiver agreement covering diplomatic and service passports. Photo: Ministry of Foreign Affairs

Ablakwa Secures Visa Waiver, Doubled Scholarships, and Defence Ratification in Russia

August 18, 2026
ADVERTISEMENT
Next Post
BOST Energies

BOST Tackles Kumasi Depot Bottlenecks As Tanker Strike Suspended

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.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.