Mahama Calls on German Investors to Back Ghana’s Post-Recovery Transformation

At the Jubilee House in Accra, President John Dramani Mahama welcomed German President Frank-Walter Steinmeier for high-level bilateral talks that underscored both nations’ determination to build a stronger economic partnership.

Najat Adamu
3 Min Read

At the Jubilee House in Accra, President John Dramani Mahama welcomed German President Frank-Walter Steinmeier for high-level bilateral talks that underscored both nations’ determination to build a stronger economic partnership.

The leaders reaffirmed their shared vision for deeper collaboration in areas that drive sustainable growth — including investment, industrial transformation, and job creation. Their discussions also highlighted renewable energy, digitalization, and skills development as critical engines for Ghana’s ongoing economic reset.

During the discussions, both leaders reflected on the momentum Ghana has gained through the Resetting Ghana Agenda—a blueprint for restoring economic balance and rebuilding the nation’s productive base.

President Mahama explained that his government’s reform drive—spanning fiscal management, tax modernization, and industrial policy—is central to Ghana’s effort to create a resilient, investor-friendly economy. He stressed that collaboration with Germany, under the AfCFTA framework, will play a crucial role in expanding trade and investment opportunities across Africa.

According to President Mahama, Ghana’s comparative advantages—its strategic location, skilled human capital, and stable governance create the right foundation for transforming the country into a regional centre for production and value addition.

“We invite German industries to take advantage of this growing continental platform, in manufacturing, renewable energy, agribusiness, and digital innovation, to establish joint ventures that will create jobs and boost technology transfer,” he stated.

President Mahama highlighted Germany’s role in Ghana’s economic recovery, noting that ongoing collaboration through the Compact with Africa (CwA) and the Ghanaian German Economic Cooperation Framework has enhanced investor confidence and reinforced the private sector’s capacity to drive growth.

Responding, President Steinmeier commended Ghana’s reform efforts, describing them as a model of pragmatic leadership and resilience in navigating global economic disruptions, particularly in the areas of fiscal discipline and youth empowerment.

“Ghana remains a pillar of democracy and stability in West Africa, your country continues to demonstrate that good governance and transparency are key drivers of sustainable growth. For German companies, Ghana represents not only an investment destination but also a trusted partner for innovation and trade in the region.” President Steinmeier mentioned.

He assured that Germany’s cooperation with Ghana will deepen in the areas of technology, renewable energy, and vocational education sectors he identified as vital to driving inclusive and sustainable development.

“Our partnership is about building structures that last factories, schools, energy systems, and skills that empower young people for the future,” He added.

Source: GBC News

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