The Michael Blackson Academy, a charitable school founded by American comedian and actor Michael Blackson, is facing financial difficulties after the Ghanaian government redirected funds that were meant to sustain its operations. Blackson, known for his philanthropic efforts in Ghana, established the school in Agona Nsaba three years ago to offer free education and uniforms to underprivileged children.
However, the comedian recently took to social media platform X (formerly Twitter) to express his frustration with the Ghanaian government. Blackson revealed that he had invested in Eurobonds to support the long-term sustainability of the school, but has struggled to retrieve his investment due to the country’s debt management decisions.
He claims the government used the funds to pay off external debts, leaving him and other investors with unfavorable options. "Ghana decided to use our money to pay their debt to China or whoever and leave us hanging," Blackson said. He further criticized Ghana’s Finance Minister for failing to protect diaspora investors, saying they were given two poor choices: accept a 37% cut with 5% interest and an 11-year maturity or no cut with only 1.9% interest over 15 years.
Blackson, clearly upset, added, "I have beef with this guy. People of the diaspora decided to invest in our continent, and they used our money to pay their debt. I'm very disappointed in my people for this."
Despite these setbacks, Blackson is resolute in his commitment to the academy. He noted that his passion for uplifting Ghanaian youth remains strong, even as financial obstacles grow. "If it wasn’t for the love and passion I have for the unprivileged youth of Ghana, I would just hand my school to the people and walk away," he wrote.
In his posts, Blackson also referenced former U.S. President Donald Trump’s controversial comments about developing countries, expressing empathy for the sentiment. He described the government’s actions as exploitative, saying, "Taking advantage of your people is a shithole move."
As the financial strain on the school continues, Blackson remains vocal about the need for consequences and accountability for the government’s actions, stressing that investors and those working to better the continent deserve fair treatment.
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