President John Dramani Mahama has declared that Ghana is open for business, touting the country’s improving economic indicators and renewed investor confidence while calling for a new era of equitable partnerships between Africa and the global community.
Addressing investors at 12th edition of the Africa Debate in London n June 3, President Mahama stressed that Africa is no longer seeking sympathy from the rest of the world but rather fair, strategic and mutually beneficial partnerships that support sustainable development and shared prosperity.
According to him, the longstanding partnership in which African countries served primarily as suppliers of raw materials for the industrialisation of other nations must give way to a more balanced relationship centred on value addition, industrialisation, technology transfer and infrastructure development.
“Africa does not seek sympathy. Africa seeks partnerships, fair partnerships, strategic partnerships and mutually beneficial partnerships,” he said.
“The era in which Africa served merely as a source of raw material for other nations industrialization must end,” he added.
The President argued that the future relationship between Africa and the world must be built on value addition, industrialization, technology transfer, infrastructure investment, skills development and a shared prosperity.
Highlighting Ghana’s economic progress, Mahama said the country has implemented disciplined macroeconomic reforms over the past 18 months, resulting in improved fiscal stability and stronger investor sentiment.
He noted that inflation has declined significantly, the cedi has regained stability, the country’s fiscal position has improved and international reserves have strengthened.
The President also pointed to positive assessments from international credit rating agencies and a growing appetite among investors as evidence that confidence in the Ghanaian economy is returning.
“Today, Ghana is witnessing renewed growth and improved investor confidence,” he stated.
Mahama emphasized that the country’s recovery extends beyond statistical improvements and reflects deeper structural reforms aimed at repositioning Ghana as a productive and competitive economy.
He said government efforts are focused on industrialisation, agro-processing, export expansion, logistics, digital transformation and value addition across key sectors of the economy.
The President further highlighted Ghana’s political stability, democratic credentials and strategic location within West Africa as major advantages for businesses seeking opportunities on the continent.
“For investors gathered here today, Ghana offers political stability, democratic continuity, strategic geographical access to the West African sub-region and a government that is committed to reform and private sector growth,” he said.
Reaffirming his administration’s commitment to creating a conducive environment for investment, Mahama delivered a direct message to the international business community.
“The message I bring to investors today is simple: Ghana is open for business,” he declared.
The President’s remarks form part of the government’s broader efforts to attract foreign direct investment, expand industrial activity and accelerate economic growth as Ghana charts its recovery and transformation agenda.
