By Lawrence Odoom.
President John Dramani Mahama has reaffirmed his administration’s commitment to attracting foreign investments to combat Ghana’s unemployment challenges and create sustainable job opportunities for the country’s burgeoning youthful population.
Speaking during a meeting with UK Deputy Prime Minister Angela Rayner, President Mahama emphasized the importance of leveraging international partnerships to address Ghana’s economic challenges.
Ghana, like many emerging economies, faces mounting pressure to create employment opportunities, particularly among its youth. The rapid expansion of the country’s population has exacerbated this challenge, making it imperative for the government to explore innovative solutions. The issue of unemployment was a prominent concern during the 2024 elections, highlighting the need for urgent policy interventions and investment inflows.
President Mahama acknowledged these concerns and noted that his administration is committed to making Ghana an attractive destination for foreign direct investment (FDI).
Due to economic challenges and limited access to international credit markets, the government is prioritizing foreign partnerships as a key strategy to stimulate economic growth.
“We have a young, growing population, and one of the major issues that came up strongly in the election was the issue of jobs,” President Mahama stated. “We are working together to bring in more investments, especially considering that we are shut out of the international credit markets. Our goal is to attract more foreign direct investments, create jobs for young people, and partner with British companies to achieve this objective.”