President John Dramani Mahama has inaugurated the trading day at the London Stock Exchange (LSE), marking a pivotal moment in his five-day diplomatic tour of the United Kingdom. During the ceremony, the President urged global investors to capitalize on Ghana’s rapidly improving economic landscape, which he noted is characterized by a stabilized Cedi and cooling inflation. This high-profile visit serves as a centerpiece of the government’s strategy to position Ghana as a premier destination for foreign direct investment (FDI) in West Africa, following the strategic discussions held during the Ghana-UK Investment Summit 2026.
A major highlight of the President’s pitch is the exceptional performance of the Ghana Stock Exchange (GSE). Managing Director Abena Amoah reported that the GSE Composite Index has achieved a remarkable 63.4% year-to-date return, ranking it as one of the best-performing equity markets globally as of May 2026. This resurgence in investor confidence is further evidenced by three recent Initial Public Offerings (IPOs) that successfully raised GH"2 billion (approximately US$182 million). President Mahama emphasized that modern, automated trading platforms now allow the Ghanaian diaspora and international financiers to invest in Ghanaian securities remotely, ensuring high standards of security and efficiency.
Beyond capital markets, the administration is leveraging its flagship "24-Hour Economy Programme" to drive industrialization and job creation. Presidential adviser Augustus Goosie Tanoh revealed that the initiative aims to generate 1.7 million jobs by 2028, with over 160,000 positions already secured through recent agreements. Key infrastructure developments include the $1.45 billion Buipe Solar Farm and the $300 million Kambonwule Oil Palm project, which are expected to create 13,000 and 120,000 jobs respectively. Additionally, a new UK-Ghana Growth Partnership has been announced, featuring "215 million in investment agreements for private-sector growth, including the Takoradi Floating Dock project.
To reinforce the importance of local enterprise and the diaspora's role in national development, President Mahama also visited Ghanaian-owned businesses in London, including Uncle John’s Bakery and a popular Waakye Joint. These visits underscored the government's support for entrepreneurs abroad and their vital contribution to the Ghanaian economy. Trade Minister Mrs. Elizabeth Ofosu-Adjare reiterated that Ghana is ready to forge strategic partnerships across sectors like agribusiness and technology. With economic indicators trending toward a projected GDP growth of 6% and inflation targets of 3.4%, the government remains committed to fostering a conducive environment for both local and foreign investors.
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