Ghana targets global investors with economic stability pledge

    President Mahama urges commitment at Ghana-UK Investment Summit amid improved economic indicators.

    2 min read3 min listen

    President John Dramani Mahama has called on international investors to transform discussions into concrete investments in Ghana. He stated that Ghana is prepared for partnerships that will drive industrial growth, create jobs, and transform the economy.

    Addressing the Ghana-UK Investment Summit 2026 in London, President Mahama urged business leaders and development partners to move beyond dialogue. He told them to seize the emerging opportunities within Ghana's economy. "This is a time for us to move from conversations to commitments. This is a time to invest in Ghana," he told attendees.

    This call comes as Ghana shows significant economic improvements. The country has restored macroeconomic stability and rebuilt investor confidence. Inflation has drastically fallen from 23.8% in December 2024 to 3.4% in April 2026. Ghana’s international reserves have increased from approximately $8.9 billion to nearly $13.9 billion during this period. The Ghana cedi has also stabilised and appreciated, further boosting business confidence. Recent upgrades to Ghana's sovereign credit outlook confirm a more predictable investment environment.

    President Mahama emphasized Ghana's political stability as a key factor. He described Ghana as a democracy with a strong legal framework and an independent judiciary. He also noted a history of peaceful transfers of power. These qualities, he said, make Ghana one of Africa’s most attractive investment destinations. He outlined major opportunities in manufacturing, agribusiness, infrastructure, energy, technology, logistics, mining, pharmaceuticals, and tourism. Government initiatives like the 24-Hour Economy, the Feed Ghana Programme, and the $10 billion Big Push Infrastructure Programme are designed to unlock growth for both local and foreign investors.

    Mahama highlighted legislative changes aimed at improving the ease of doing business. The recently passed Ghana Investment Promotion Authority Act removes minimum capital requirements in many sectors. It also strengthens investor protections and guarantees the repatriation of profits. This reform aims to make Ghana more accessible and secure for foreign capital. He noted Ghana's strategic position within the Economic Community of West African States (ECOWAS) and its role as host of the African Continental Free Trade Area (AfCFTA) Secretariat. These provide investors with access to a market of more than 1.4 billion consumers across Africa.

    "To the international investors gathered here today, let me say this clearly: Ghana is open for business," Mahama declared. He stressed the government's desire for investors who seek long-term partnerships. These partnerships should be based on mutual respect, transparency, and shared prosperity. Such collaborations must also create jobs, transfer technology, and develop local skills. He encouraged participants to engage directly with Ghanaian ministers and government officials at the summit to explore collaboration opportunities. These efforts signal a concerted move to attract deeper foreign direct investment into Ghana's growing economy.

    Comments

    More from StatsGH