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Mahama Targets Private Sector Growth as Ghana Becomes Africa’s 8th Largest Economy

April 24, 2026
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President John Dramani Mahama has reiterated his administration’s strong commitment to creating a business-friendly environment, positioning the private sector as the driving force behind Ghana’s economic transformation.

During a courtesy call by the Ghana CEO Network at the Presidency, the President highlighted key gains in economic recovery, noting that Ghana’s GDP has risen to an estimated $114 billion, with the country now ranked the 8th largest economy in Africa.

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He attributed the progress to fiscal discipline, reduced waste, and renewed investor confidence, assuring business leaders of continued collaboration to sustain growth.
President Mahama emphasized the importance of the 24-Hour Economy Policy and the Accelerated Export Agenda, urging industry leaders to prioritise value addition and diversification over raw material exports.

He further indicated that savings from fiscal reforms are being channelled into major initiatives such as the Big Push infrastructure programme, the Adwumawura entrepreneurship programme, and the Free Primary Healthcare Programme to drive productivity and inclusive development.

The delegation, led by Ernest De-Graft Egyir, commended the government’s economic management and extended an invitation to President Mahama to serve as Guest of Honour at the upcoming Ghana CEO Summit on May 28, 2026.

By: Rainbowradioonline.com/Ghana

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