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Michael Blackson: Ghana Has Set Me Back Financially

Ghanaian-American comedian and actor, Michael Blackson, has expressed frustration with the Ghanaian government, claiming it has negatively impacted his investments.

In a series of posts on X (formerly Twitter), Blackson revealed that he had invested in Eurobonds to fund the Michael Blackson Academy, a free school he established in Agona Nsaba. However, he is now facing difficulties in recovering his investment.

He explained that his decision to invest in Eurobonds was intended to ensure the long-term sustainability of the school. However, he lamented, “Ghana decided to use our money to pay their debt to China or whoever and leave us hanging.”

Frustrated by the situation, Blackson directed his criticism at the Finance Minister, calling him out for the handling of the matter.

“Who’s the Minister of Finance in Ghana? I have a problem with this guy. People of the diaspora invested in our continent, and they used our money to pay their debt, giving us two choices: either take a 37% cut and receive 5% interest with an 11-year maturity date, or no cut but only 1.9% interest with a 15-year maturity date. I’m very disappointed in my people for this,” he wrote.

Despite these setbacks, Blackson remains committed to keeping the school operational. Established three years ago, the Michael Blackson Academy provides free education for children from kindergarten to Basic 3 and also supplies the students with free uniforms.

“If it wasn’t for the love and passion I have for the underprivileged youth of Ghana, I would just hand the school over and walk away,” he added, reaffirming his dedication to the cause.

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