President John Dramani Mahama has urged international investors to take advantage of what he described as Ghana’s improving economic outlook and strategic position as a gateway to West Africa, as he opened the Ghana-UK Investment Summit 2026 in London.
Addressing business leaders, institutional investors and policymakers on Monday, June 1, President Mahama said Ghana had made significant progress in restoring economic stability after facing serious challenges when his administration took office.
“When my administration assumed office, Ghana faced significant economic difficulties. Investor confidence had weakened. Inflation was high. Debt vulnerabilities had constrained fiscal space. Businesses were struggling with uncertainty,” he said.
According to the President, government interventions have helped reverse the trend.
“Through disciplined economic management, institutional reforms, fiscal consolidation, and enhanced coordination between monetary and fiscal authorities, we have restored stability and renewed confidence in the Ghanaian economy,” he stated.
Mr Mahama told investors that inflation had fallen sharply from 23.8% in December 2024 to 3.4% in April 2026, while international reserves had increased from about $8.9 billion to nearly $13.8 billion.
He added that interest rates were easing, the cedi had stabilised and appreciated against major international currencies, and Ghana’s sovereign credit outlook had improved following upgrades by international ratings agencies.
“Most importantly, confidence is returning,” the President said, adding that the gains translate into “a more predictable investment environment, lower operating uncertainty, greater currency stability, and improved planning conditions for businesses and investors.”
Mr Mahama said Ghana’s economy grew by about 6% in 2025 and that the country’s GDP had surpassed $114 billion.
He used the summit to promote the government’s flagship 24-Hour Economy and Accelerated Export Development Programme, describing it as “a deliberate national productivity strategy” aimed at increasing productivity, boosting manufacturing, creating jobs and expanding exports.
“The 24-Hour Economy is not merely a slogan,” he said.
He identified agriculture, manufacturing, renewable energy, technology and infrastructure as key sectors for investment.
On agriculture, he said government was modernising the sector through the Feed Ghana Programme and establishing agro-industrial enclaves across the country.
“The opportunities in cocoa processing, oil palm, cashew, shea, horticulture, poultry, rice production, fisheries, and cold-chain logistics are extensive,” he noted.
Mr Mahama also highlighted government’s plans to move Ghana higher up global value chains by processing more of its raw materials locally.
“Our objective is simple: Ghana must become a production hub, not merely a source of raw commodities,” he said.
President Mahama further pointed to opportunities in the digital economy, citing Ghana’s recently launched National Artificial Intelligence Strategy and a partnership with the United Arab Emirates to develop what he described as Africa’s largest integrated AI and technology hub.
He also outlined major infrastructure plans under the government’s $10 billion Big Push Infrastructure Programme, including investments in roads, railways, ports, housing and aviation.
Mr Mahama said government was pursuing the establishment of a new national airline and modernising transport corridors to improve trade and connectivity.
He assured investors of Ghana’s commitment to maintaining a favourable business climate, pointing to reforms aimed at reducing bureaucracy and strengthening investor protections.
“The recently passed Ghana Investment Promotion Authority Act removes minimum capital requirements across many sectors, strengthens investor protections, and guarantees the repatriation of profits,” he said.
President Mahama argued that Ghana’s market potential extends beyond its population of more than 34 million people, positioning the country as an entry point into the ECOWAS market of over 425 million people and the African Continental Free Trade Area.
To prospective investors, he delivered a direct message: “Ghana is open for business.”
“We are open to partnerships that create jobs, transfer technology, develop skills, support industrialisation, expand exports, and deliver sustainable growth,” he added.
