Source: Africa Publicity
President John Dramani Mahama delivered a speech on Monday at the Ghana–UK Investment Summit in London, outlining Ghana’s economic recovery and reform agenda.
He highlighted a renewed era of stability, growth, and investor confidence in the Ghanaian economy.
According to President Mahama, upon assuming office, Ghana faced high inflation, fiscal constraints, and weakened investor confidence. Through disciplined economic management and coordinated reforms, he said the economy has stabilised significantly, with inflation declining from 23.8% in December 2024 to 3.4% in April 2026, and international reserves rising to nearly $13.9 billion.
President Mahama further reported that Ghana’s economy grew by about 6% in 2025, with GDP now exceeding $114 billion, positioning the country as the eighth-largest economy in Africa.
President Mahama reaffirmed the government’s transformation agenda anchored on a productive, export-led and industrialised economy, driven by initiatives such as the 24-hour economy policy, the Feed Ghana Programme, major infrastructure expansion under the $10 billion Big Push Programme, and the rollout of a National Artificial Intelligence Strategy.
He also highlighted strategic investments in energy and connectivity, including a landmark $2 billion upstream gas agreement with Tullow and partners, and plans for a new national airline to strengthen trade, tourism, and exports.
“Our greatest competitive advantage is our people,” he emphasized, underscoring Ghana’s young, entrepreneurial, and democratic society as the foundation of its economic future.
