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President Mahama Pledges Stronger Business Environment for Growth

Ghanapoliticsonline.com by Ghanapoliticsonline.com
April 25, 2026
in Featured, General News
Reading Time: 2 mins read
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President John Dramani Mahama has pledged a stronger business environment for growth, assuring chief executives and business owners of his government’s commitment to fostering a favourable investment climate. He made this known during a courtesy call at the Presidency in Accra by a delegation from the CEO Network Ghana.

The delegation, comprising over 130 members, was led by Ernest De-Graft Egyir, Founder and Chief Executive Officer of CEO Network Ghana and the Ghana CEO Summit. Their visit was to formally invite the President to serve as Guest of Honour at the upcoming Ghana CEO Summit scheduled for May 28, 2026.

President Mahama emphasized that the government values the critical role of the private sector and is ready to collaborate closely to expand opportunities for job creation and shared prosperity. He reiterated his administration’s resolve to sustain economic gains and strengthen partnerships that will drive national development.

He highlighted the 24-Hour Economy Policy as a central strategy to boost production, maximize infrastructure use, and create more jobs. According to him, rebuilding and transforming Ghana’s economy requires strong cooperation between government and private enterprise.

Touching on the Accelerated Export Agenda, the President stressed the importance of value addition and diversification, noting that Ghana can no longer depend on exporting raw materials. He encouraged business leaders to explore opportunities within this framework and work with government to ensure effective implementation.

President Mahama also reaffirmed his commitment to fiscal discipline, stating that resources would be redirected from wasteful expenditure into productive initiatives such as the Big Push infrastructure programme, Adwumawura, and Free Primary Healthcare.

Providing an overview of economic progress, he noted that Ghana’s GDP has surpassed $100 billion, currently estimated at $114 billion, with the country moving from 11th to 8th position in Africa by GDP size. He added that debt levels have been reduced to more sustainable levels, while business confidence and investment—both foreign and domestic—are on the rise.

The President further outlined ongoing efforts to reduce corruption and enhance transparency through the use of advanced technology, including artificial intelligence, in the computation of duties and levies.

In response, Mr. Egyir commended the President’s leadership, particularly in the areas of debt management, fiscal consolidation, and renewed focus on restoring macroeconomic stability.

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