22nd February 2025 11:56:40 AM
2 mins readPresident John Dramani Mahama has reaffirmed his administration’s commitment to attracting foreign investments as a strategic solution to Ghana’s rising unemployment, particularly among the nation’s growing youth population.
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During a meeting with the visiting UK Deputy Prime Minister, Angela Rayner, President Mahama emphasized the importance of strengthening international partnerships to tackle the country’s economic challenges and foster job creation.
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Addressing the pressing need for employment opportunities, President Mahama stated that his government is actively seeking to enhance economic collaboration with British investors to drive job growth and economic development.
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“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.
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“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,” he said.
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Ghana, like many developing economies, is grappling with the challenge of creating enough employment opportunities for its expanding youth demographic. This growing pressure has made job creation a top priority for the government, particularly after it emerged as a key issue during the 2024 elections.
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Acknowledging the urgency of the situation, President Mahama highlighted the government’s efforts to make Ghana an appealing destination for foreign direct investment (FDI).
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Given the country’s economic constraints and restricted access to international credit markets, the President explained that fostering foreign partnerships has become central to Ghana’s strategy for driving economic growth and creating sustainable job opportunities.
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