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Nana Kwame Bediako aims to raise $50 billion by inviting African investment into Ghana

Nana Kwame Bediako, a prominent entrepreneur and a prospective independent candidate for the upcoming December 7, 2024 presidential elections in Ghana, has announced an ambitious plan to attract $50 billion in investments from the African diaspora.

His vision includes offering Ghanaian citizenship to Africans and people of African descent in exchange for investments, which he refers to as “Ghana’s first $50 billion.”

Bediako outlined his plan during the unveiling of his manifesto, titled “The 12 Pillars for Economic Freedom,” at an event held at the Accra International Conference Centre on September 1, 2024.

Among the 12 key policies, Pillar 10 stands out, focussing on raising $50 billion to tackle Ghana’s economic challenges. He proposes a Citizenship by Investment Program that would grant Ghanaian passports to individuals who invest a minimum of $50,000 in sectors such as gold, oil, and agro-processing.

Bediako’s initiative is part of a broader vision he calls “African unification,” with Ghana taking the lead in creating a “United States of Africa.”

He believes that by fostering investment and economic collaboration, Ghana can become a central hub for African prosperity, attracting talent and capital from across the continent.

Bediako also introduced his political movement, the New Force Movement, and presented his vision for Ghana’s future.

The 12 Pillars he proposed include initiatives like the 16 Regional Industrial Revolution, Ghana’s First Water Transportation & Sub-Regional Railway, Energy City & Technology Hub, and National Sovereign Wealth Fund, among others. Each pillar is designed to drive economic growth, innovation, and sustainable development in Ghana.

Cheddar’s 12 Pillars for Economic Freedom

Nana Kwame Bediako, widely known as Cheddar or Freedom Jacob Caesar, has emerged as a prominent figure in Ghana’s political landscape, advocating for economic independence and self-sufficiency.

His vision for raising $50 billion is seen as a bold and innovative approach to addressing Ghana’s financial and economic challenges, positioning the country as a leader in African unity and development.

The event, which saw Bediako arrive in a tipper truck painted in Ghana’s national colours, was attended by supporters, members of the New Force Movement, and curious onlookers eager to hear his plans.

The manifesto unveiling marked a significant step in Bediako’s journey to becoming a presidential candidate, as he awaits final clearance from the Electoral Commission to run as an independent candidate.

With his ambitious plans and bold ideas, Nana Kwame Bediako aims to transform Ghana’s economic landscape and bring prosperity to all Ghanaians through innovative policies and strategic partnerships with the African diaspora.