President John Dramani Mahama has declared that Ghana is steadily restoring economic stability and rebuilding investor confidence following the challenges that confronted the country when he returned to office in January 2025.
The President made the remarks while reflecting on his recent visit to the United Kingdom, where he participated in activities aimed at promoting Ghana as an attractive destination for investment and business growth.
According to him, one of the defining moments of the visit was his participation at the London Stock Exchange, where he rang the opening bell, an event he described as symbolic of Ghana’s growing presence and renewed relevance in global financial markets.
For the President, the occasion represented more than a ceremonial engagement. It was an opportunity to showcase Ghana’s economic progress and demonstrate the country’s commitment to creating a stable and predictable environment for investors.
Ghana Stock Exchange Records Strong Performance
President Mahama used the occasion to highlight what he described as a remarkable turnaround in Ghana’s capital market, noting that the Ghana Stock Exchange has entered a new phase of growth and investor activity.
According to him, the performance of the exchange has been among the strongest globally in recent months, signaling renewed confidence in the Ghanaian economy.
“The Ghana Stock Exchange is in a renaissance,” he said. He revealed that as of May 2026, the GSE Composite Index had delivered a return of 63.4 percent, placing it among the top-performing equity markets in the world.
The President noted that this performance reflects growing confidence among both local and international investors, as well as optimism about Ghana’s economic prospects.
The gains recorded by the stock market come after years of subdued activity and are being viewed by analysts as an indication that investor sentiment is improving.
Revival of the Primary Market
President Mahama also pointed to renewed activity in the primary market as evidence of the recovery taking place within Ghana’s financial sector. He observed that after seven years of limited activity, the market has witnessed a resurgence through major public listings and capital raising exercises.
According to him, three significant Initial Public Offerings have either been completed or are in progress, helping to inject fresh momentum into the capital market.
The President cited the successful listings of First Atlantic Bank PLC and Zen Petroleum, while noting that Kasapreko PLC is expected to join the stock exchange within the next six months.
Together, these transactions have raised approximately GHS 2 billion, a development he described as a strong indication of investor confidence in the economy.
The revival of public listings is expected to provide companies with greater access to capital while creating additional investment opportunities for individuals and institutions. The trend could encourage more businesses to consider listing on the exchange as economic conditions continue to improve.
Economic Stability Driving Investor Confidence
President Mahama stressed that the recovery of the stock market is part of a broader effort to stabilise the economy and restore confidence following a difficult economic period.
“This is what is important in all of this: we are continuing to restore stability and rebuild confidence from the low ebbs of January 2025, when I returned to the office as president”.
HE President John Dramani Mahama at the London Stock Exchange
According to the President, a series of economic measures implemented over the past eighteen months have contributed to improved macroeconomic indicators and stronger investor sentiment.
He said inflation has declined significantly, creating a more stable environment for businesses and consumers alike. “Inflation has fallen sharply from 54.1% to 3.4%. The Ghana Cedi is now stable, and interest rates are declining,” he said.
The President noted that these developments are helping to improve economic predictability, which is essential for attracting investment and supporting private sector growth.
Ghana Open for Business
President Mahama emphasised that the government remains committed to creating conditions that encourage investment, entrepreneurship, and economic expansion.
He said the progress achieved so far demonstrates that Ghana is moving in the right direction and remains an attractive destination for investors seeking opportunities in Africa.
According to him, the combination of macroeconomic stability, improved investor confidence, and renewed activity in the financial markets is laying the foundation for sustainable growth. “These achievements are creating a predictable environment in which businesses can thrive,” he noted.
The President reiterated his administration’s commitment to strengthening economic fundamentals while pursuing policies that promote job creation, industrial growth, and private sector development.
“Ghana is open for business, Ghana is stable, and Ghana is growing. This is the time to join us on this journey of opportunity and shared success.”
HE President John Dramani Mahama
Outlook for Growth
The President’s remarks come at a time when Ghana is seeking to attract increased foreign direct investment and deepen participation in international capital markets.
The recent performance of the Ghana Stock Exchange, combined with improving macroeconomic indicators, provides evidence that the country’s recovery efforts are gaining traction.
As investors continue to assess opportunities across emerging markets, the administration hopes that renewed confidence in Ghana’s economy will translate into higher levels of investment, business expansion, and long term economic growth.
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