President John Dramani Mahama has expressed his government’s determination to attract increased foreign investments as a means of tackling Ghana’s unemployment challenges and creating sustainable job opportunities for the country’s growing youthful population.
Speaking during a meeting with the visiting UK Deputy Prime Minister, Angela Rayner, President Mahama underscored the necessity of leveraging international partnerships to address Ghana’s economic challenges.
He stated that his administration remains fully committed to fostering stronger ties with British investors in order to drive economic growth and employment.
Ghana, like many emerging economies, faces a growing demand for employment, especially among its youth. The rapid expansion of the country’s population has led to increased pressure on the government to create sustainable job opportunities.
The issue of unemployment featured prominently in the 2024 elections, underscoring the need for urgent policy interventions and investment inflows.
President Mahama acknowledged these concerns and noted that the government is exploring all available avenues to ensure that Ghana remains an attractive destination for foreign direct investment (FDI).
He pointed out that due to economic challenges and limited access to international credit markets, the government is prioritising foreign partnerships as a key strategy to stimulate economic growth.
“We have a young, growing population and so one of the major issues that came up strongly in the election was the issue of jobs. And so we are working together to see how we can bring in more investments, especially considering that we are shut out of the international credit markets.
“To bring in more foreign direct investments, to be able to create jobs for young people, is one of the things that we are going to be focusing on, and I believe that with the history of British companies investing in Ghana, we will bring more British companies in to come and partner with us in that objective.”
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