World · Africa · 3 hrs ago
Ghana’s president praises Canada’s push to reform global finance
Ghanaian President John Mahama praised Canadian Prime Minister Mark Carney during a meeting at the Commonwealth summit in Antigua and Barbuda.
Mahama said Canada was speaking out against a global financial system that makes it harder for African countries to borrow affordably.
Many developing countries face high interest rates and heavy debt, while some are also hit by increasingly damaging natural disasters.
Mahama said Africa has contributed little to climate change but faces severe climate impacts and must borrow to respond.
Canada has called for changes to financing rules and multilateral development banks, aiming to help countries invest in areas such as climate-resilient schools and hospitals.
Ottawa says it will appoint a new Africa envoy, a role left vacant since June, as Canada seeks more economic engagement and trade with the continent.
Ghanaian President John Mahama praised Canada and Prime Minister Mark Carney for advocating reforms to a global system he said leaves African countries facing higher borrowing costs and severe climate impacts.
Mahama made the comments while meeting Carney at the Commonwealth summit in Antigua and Barbuda.
He said Africa contributes little to the climate crisis but faces some of its worst effects and must borrow at higher rates to respond.
Canada has called for changes to financing rules and multilateral development banks, and Carney has advocated for rules-based trade.
Global Affairs Canada says Ottawa will appoint a new special envoy for Africa after leaving the post vacant since June.
- Who
- Ghanaian President John Mahama praised Canadian Prime Minister Mark Carney and Canada.
- What
- Mahama thanked Canada for advocating reforms to the global system. He said African countries borrow more expensively and face severe climate impacts.
- When
- Tuesday, during the Commonwealth summit. The articles were published on November 5, 2026.
- Where
- The Commonwealth summit in Antigua and Barbuda.
- Why
- Mahama said Africa contributes little to the climate crisis but faces severe climate impacts and must borrow at higher rates to address them.
This story does not have two clearly opposing sides.
Carney urged smaller countries at the World Economic Forum in Davos to band together to limit coercion by superpowers.
Carney used the G7 summit in Alberta to announce funding for multilateral development banks to bring in private capital for education and climate adaptation.
Mahama met Carney at the Commonwealth summit in Antigua and Barbuda and praised Canada’s advocacy.
- Meeting
- Mahama and Carney met at the Commonwealth summit in Antigua and Barbuda.
- Climate contribution
- Mahama said Africa contributed four per cent to climate crises.
- Africa envoy
- Global Affairs Canada said Ottawa will appoint a special envoy for Africa.
- Vacant post
- The Africa envoy post had been vacant since June.
- Ghana’s crisis
- Ghana faces its worst economic crisis in a generation.
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What people are saying
You are a fresh, new voice in terms of global advocacy
Africa has been talking about the rigged global system, where Africa borrows more expensively.
With what is going on in the world, I think that this is a time for us to come closer together.
You are quite vocal on issues to do with the breakdown in multilateralism and the rise of unilateral actions by some nations