Mahama, IFC boss discuss agriculture, industrialisation and infrastructure investments
President John Dramani Mahama has received the Managing Director of the International Finance Corporation (IFC), Makhtar Diop, for a high-level bilateral engagement aimed at deepening cooperation to support Ghana’s economic transformation. The meeting focused on strengthening the strategic partnership between Ghana and the IFC, particularly in commercial agriculture, industrialisation,…
President John Dramani Mahama met with International Finance Corporation (IFC) Managing Director Makhtar Diop to strengthen Ghana's partnership with the IFC. The focus was on boosting commercial agriculture, industrialisation, infrastructure, and job creation. Discussions emphasized increasing cocoa, oil palm, and poultry production, with the government's commitment to processing at least 50% of Ghana's raw materials locally.
Mahama reiterated the policy to create sustainable jobs for young Ghanaians through industrialisation. The pair also explored investment opportunities under Ghana's Big Push programme, particularly in railways, aviation, and road infrastructure. These investments would be supported by improvements in energy, digital connectivity, and education.
The President announced that Ghana had secured a $300 million financing package from the World Bank to end the double-track system in Senior High Schools by 2027. The visit by Diop aimed to mobilise private capital and support Ghana's development priorities, with the IFC projecting a potential $1.2 billion investment pipeline in sectors like railways, aviation, and road infrastructure.
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