Ghana's economy expanded by 6% in 2025, according to Elizabeth Ofosu-Adjare, the Minister for Trade, Agribusiness and Industry. She made this announcement at the inaugural London-Africa Business Summit on Thursday, 4 June 2026. The Minister urged global investors to discover emerging opportunities in Ghana, highlighting the country's economic recovery and growing trade links with the United Kingdom.
This growth marks a significant step in Ghana’s economic recovery, supported by improvements in inflation and other key economic indicators. The focus on attracting strategic investment aims to deepen economic cooperation with international partners. These efforts are crucial for sustaining the country's development objectives and creating jobs.
Ghana’s strong economic performance positions it as a key player in Africa's broader economic narrative. The African economy itself is projected to grow by 4.3% in 2026. This growth is driven by its young population, expanding digital economy, and growing consumer market. Ghana's commitment to the African Continental Free Trade Area (AfCFTA) further enhances its appeal. AfCFTA aims to boost trade and investment across the continent, creating a single market of 1.3 billion people.
Speaking on behalf of President John Dramani Mahama, Minister Ofosu-Adjare confirmed Ghana's commitment to these partnerships. She noted that trade relations between Ghana and the United Kingdom continue to strengthen. Bilateral trade reached £1.6 billion in 2025. British investments in Ghana currently stand at £1.8 billion across 671 projects, demonstrating strong confidence. The government is also pursuing policies to increase local value addition. These policies target sectors such as cocoa, gold, and manufacturing.
The recently signed UK-Ghana Growth Partnership for 2026–2028 further illustrates this deepening relationship. This partnership includes a significant £101 million investment. The investment will fund a ship repair and dry-docking facility at Takoradi Port. This agreement represents a major step towards expanding infrastructure investment. It also enhances economic cooperation between Ghana and the UK. Decision-makers and markets will closely monitor the execution of this partnership. This will gauge its impact on Ghana's maritime industry and overall economic landscape. The Minister also urged the African diaspora to contribute to Ghana's development. This includes through investment, innovation, and skills transfer.