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By Celestine Avi & Seth Eyiah President John Dramani Mahama and visiting German President Frank-Walter Steinmeier have reaffirmed their commitment to deepening economic cooperation between Ghana and Germany, with a renewed focus on investment, industrial transformation, and job creation. The two leaders, during bilateral talks at the Jubilee House in Accra, reviewed Ghana’s progress under the Resetting Ghana Agenda and agreed to expand collaboration in renewable energy, digitalization, and vocational skills development as key pillars of Ghana’s economic recovery. Focus on Economic Recovery and Investment The two leaders reviewed Ghana’s economic progress under the Resetting Ghana Agenda, an ambitious framework by President Mahama’s administration aimed at restoring macroeconomic stability, stimulating inclusive growth, and rebuilding investor confidence. President Mahama said Ghana is implementing far-reaching reforms in public financial management, tax policy, and industrial support to enhance the business environment and attract sustainable investment. He reaffirmed Ghana’s strong commitment to partnership with Germany in these efforts, particularly within the framework of the African Continental Free Trade Area (AfCFTA), headquartered in Accra. He added that Ghana’s strategic location, educated workforce, and political stability make it an ideal hub for trade and regional value-chain expansion. “We invite German industries to take advantage of this growing continental platform, in manufacturing, renewable energy, agribusiness, and digital innovation, to establish joint ventures that will create jobs and boost technology transfer,” he said. President Mahama also welcomed Germany’s ongoing support through the Compact with Africa (CwA) initiative and the Ghanaian-German Economic Cooperation Framework, noting that both have helped to attract responsible investment and strengthen the private sector. In response, President Steinmeier praised Ghana’s economic reforms and resilience in the face of global challenges, commending the government’s pragmatic approach to fiscal recovery and youth employment. “Ghana remains a pillar of democracy and stability in West Africa,” President Steinmeier said. “Your country continues to demonstrate that good governance and transparency are key drivers of sustainable growth. For German companies, Ghana represents not only an investment destination but also a trusted partner for innovation and trade in the region.” He said Germany will continue to support Ghana’s economic transformation agenda, emphasizing technical cooperation, renewable energy, and the expansion of vocational training as essential foundations for inclusive growth. “Our partnership is about building structures that last factories, schools, energy systems, and skills that empower young people for the future,” the German President added. Source link
