President John Dramani Mahama is doubling down on Ghana’s private sector as the “indispensable engine” of growth, pledging new measures to boost investment and job creation as the country’s economy tops $100 billion.
Speaking to more than 130 chief executives and business leaders at the Presidency, Mahama said “close partnership with the private sector” is central to rebuilding the economy and consolidating recent gains. He pointed to rising foreign direct investment and domestic capital inflows as evidence of “reviving business confidence.”
The president highlighted the government’s 24‑hour economy policy as a “cornerstone strategy” to expand industrial output, maximize infrastructure utilization and reduce unemployment. He linked the plan to the Accelerated Export Agenda, which aims to shift Ghana away from raw material exports toward domestic processing and industrialization.
On macroeconomic performance, Mahama cited Ghana’s climb to eighth place in Africa by economic size and a return to “sustainable levels” of public debt. He pledged “strict fiscal discipline” and said savings from eliminating inefficiencies would be redirected into “productive interventions” such as the Big Push infrastructure program, the Adwumawura initiative and the Free Primary Healthcare Programme.
The engagement comes ahead of the Ghana CEO Summit on May 28, where the administration is expected to further outline its private sector development agenda and deepen ties with corporate leaders.
