President John Dramani Mahama has stated his government’s commitment to fostering a favourable investment climate, describing the private sector as the indispensable engine of Ghana’s economic transformation.
Speaking during a courtesy call by a delegation of business leaders and CEOs, President Mahama said his administration values the contributions of business leaders and is dedicated to creating more opportunities for job creation and shared prosperity.
The delegation, comprising over 130 Chief Executives and business owners led by Ernest De-Graft Egyir, Founder and CEO of the Ghana CEOs Network, was at the Presidency to formally invite the President as the Guest of Honour for the upcoming Ghana CEO Summit, scheduled for May 28, 2026.
Welcoming the delegation, President Mahama assured them that the Government is working tirelessly to sustain and build upon recent economic gains.
President Mahama highlighted the 24-Hour Economy Policy as a cornerstone of his administration’s strategy to expand industrial production, maximize the use of existing infrastructure, and drastically reduce unemployment.
Linked to this is the Accelerated Export Agenda, which he says focuses on value addition and diversification. The President noted that Ghana’s future lies in processing its own resources rather than exporting raw materials. He encouraged members of the CEO Network to align their business strategies with this framework and engage the Government on the specific support needed for effective implementation.
The President shared impressive milestones regarding the nation’s fiscal health:
1. Economic Growth: Ghana’s GDP has surpassed the $100 billion mark, currently estimated at approximately $114 billion.
2. Continental Standing: Ghana has ascended from 11th to 8th in Africa in terms of GDP size.
3. Debt Management: National debt has been successfully restored to sustainable levels.
4. Investment Confidence: Foreign Direct Investment (FDI) and domestic investment are on the rise, signalling a revival in business confidence.
President Mahama pledged to maintain strict fiscal discipline and eliminate waste, redirecting savings into high-impact “productive interventions” such as the Big Push infrastructure programme, the Adwumawura initiative, and Free Primary Healthcare Programme.
