African business magnate Aliko Dangote has praised President John Dramani Mahama for Ghana's significant economic improvement. At the "Accra Reset: Full Circle – Making Global Development Work Again" event in New York on September 21, 2026, Dangote commended Mahama for achieving this turnaround in a relatively short period. He attributed the success to the role of confidence and trust in economic management. Dangote's comments highlight the positive developments in Ghana's economy under Mahama's administration.
According to Dangote, Ghana faced considerable economic difficulties when President Mahama assumed office. However, the administration's approach to addressing those challenges helped rebuild confidence. Dangote stressed that the President's efforts did not involve any extraordinary intervention but rather the implementation of the right measures. He described Mahama as someone who "did the right things" to gain people's trust. This trust, Dangote believes, has contributed to the improvement in Ghana's economic outlook.
Dangote linked the renewed confidence in President Mahama to the improvement in Ghana's economic outlook. He stated that people have trust in Mahama because he implemented the right measures, leading to the economy's turnaround. Dangote congratulated President Mahama on the progress made under his administration, acknowledging the efforts to stabilize the economy, restore investor confidence, and improve the country's fiscal position.
The Mahama administration's Resetting Ghana Agenda focuses on economic stabilization, restoring investor confidence, and improving the country's fiscal position. The government has pointed to several positive developments, including stronger foreign exchange reserves and improved fiscal performance. These indicators suggest that Ghana's economy has recently performed well. The administration's efforts aim to sustain this progress and ensure long-term economic stability.
The event where Dangote made his comments was held on the sidelines of the 81st United Nations General Assembly. The "Accra Reset: Full Circle – Making Global Development Work Again" event brought together various stakeholders to discuss global development challenges. Dangote's remarks at the event underscore the significance of trust and confidence in economic management, using Ghana's experience as a positive example.
Ghana's economic challenges have been well-documented, with high inflation and a depreciating currency affecting the country. However, under President Mahama's administration, the economy has shown signs of recovery. The government's efforts to address these challenges have helped rebuild confidence and improve the country's economic outlook. Dangote's praise for Mahama's efforts highlights the progress made and the potential for sustained economic growth.
The comments from Dangote come as a significant endorsement of President Mahama's economic policies. As a prominent African business leader, Dangote's views carry weight, and his praise for Mahama's efforts is likely to be seen as a positive development for Ghana's economy. The country's continued economic progress will depend on sustaining the current momentum and addressing ongoing challenges.
Key points
- Aliko Dangote praises President John Mahama for Ghana's economic turnaround.
- Ghana's economy has shown signs of recovery under President Mahama's administration.
- The administration's Resetting Ghana Agenda focuses on economic stabilization and restoring investor confidence.
