Dangote praises Mahama’s handling of Ghana’s economic recovery
African business magnate Aliko Dangote has praised President John Dramani Mahama for what he described as a rapid turnaround of Ghana’s economy, attributing the improvement to the restoration of confidence in the country.
Business magnate Aliko Dangote has commended President John Dramani Mahama for Ghana's rapid economic recovery, emphasizing the importance of trust in attracting investments. Dangote stated that the improvements under Mahama's leadership demonstrated the connection between trust and investment, as investors are more inclined to commit resources when confidence is restored in an economy.
"This has actually shown that money follows trust," he noted. The African business tycoon made these remarks at the "Accra Reset: Full Circle – Making Global Development Work Again" event in New York, during the 81st United Nations General Assembly. He attributed Ghana's economic difficulties to past challenges but praised Mahama for implementing the right steps rather than resorting to extraordinary measures.
Dangote highlighted that Ghana's economy was not in a favorable condition when Mahama took office, but the president effectively addressed the situation through his actions. The Mahama administration emphasizes economic stabilization and increased investor confidence as crucial components of its Resetting Ghana Agenda. President Mahama has previously highlighted falling inflation, currency appreciation, improved fiscal performance, and stronger reserves as indications of the economy's recovery.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
