Rwanda's President Paul Kagame has sent a personal congragulatory message to Ghana President-elect Nana Addo Dankwa Akufo-Addo.
'Congratulations to my brother and friend President Nana Addo Dankwa Akufo-Addo on your re-election. It is a testament to the trust the people of Ghana have placed in you. We look forward to continued friendship between our two nations and collaboration towards the prosperity of our people,' Kagame said via his personal twitter handle.
According to the Ghana Electoral commission, Nana Akufo-Addo  won the presidential polls after his party the New Patriotic Party (NPP) secured 51.59% of the vote.
The main challenger and former president John Mahama under the National Democratic Congress (NDC) flag, fetched 47.36%.
Jean Adukwei Mensa , President of the Electoral Commission announced the results saying only 515,524 votes separate President Akufo-Addo from his predecessor John Mahama.
Meanhile, Mahama has questioned the credibility of the Electoral Commission (EC) following the Chairperson's announcement of his defeat to President-elect Akufo-Addo in the just ended 2020 elections. According to him, data available to his party from across all the 16 regions of Ghana shows that he had won the 2020 Presidential Elections and that any other pronouncement by the EC was evidence of manipulation of figures.
'It is now obvious to many objective minds that the Chairperson of the Electoral Commission has been used to manipulate results from the various constituencies and in that process seek to subvert the sovereign will of the Ghana People,' he stated in his first speech following the 2020 Election declaration by the Electoral Commission.
Challenges for  President Akufo-Addo
Ratings agency, Moody's, is warning of some challenging times for President Nana Akufo-Addo's government, come next year.
In its post-Election report, Moody's noted that some challenges still remain in the Ghanaian economy despite the win.
These included key challenges constraining Ghana's creditworthiness, including low growth after the coronavirus shock as well as imbalances in the fiscal economy. The rest are weak government revenues, low oil prices, and energy sector contingent liability risks.
Moody's further added in the report that a weakened mandate resulting from a diminished parliamentary majority will further complicate fiscal and economic reform prospects.
Moody's downgraded economic outlook in April but affirmed long-term issuer
Moody's in April, 2020 downgraded Ghana's economic outlook to negative from positive.
It however affirmed the country's long-term local and foreign currency issuer and foreign currency senior unsecured bond ratings at B3.
The downgrade of the Ghanaian economy is purely due to the COVID-19 pandemic which has affected tax revenue and the economy as a whole. Moody's had changed Ghana's sovereign ratings from stable to positive only in January this year.
Moody's also concurrently affirmed the local and foreign currency senior unsecured MTN ratings at (P) B3 and the rating of the bond enhanced by a partial guarantee from the International Development Association (IDA, Aaa stable) at B1.
The post Kagame Congratulates Nana Akufo-Addo For Winning Ghana Elections appeared first on Taarifa Rwanda.
Source : https://taarifa.rw/kagame-congratulates-nana-akufo-addo-for-winning-ghana-elections/
