Mahama woos US investors for Ghana’s power, technology and industrial sectors

President John Dramani Mahama has called on American businesses to increase their investments in Ghana, focusing on sectors such as power, technology, agriculture, mining, healthcare and pharmaceuticals. At the US-Ghana Presidential Roundtable, Mahama emphasized that bolstering private-sector investment would be vital for Ghana's goal of expanding industrial output, generating employment and positioning the nation as a production center serving both African and global markets.

He highlighted the importance of reliable and affordable electricity in the energy sector, stating that it would be essential for boosting production and enabling businesses to operate multiple shifts under Ghana's industrialization plan. "Ghana therefore welcomes American investment and technology in power generation, transmission, and distribution, in renewable energy and industrial energy solutions," he affirmed.

Mahama also identified technology as a key area for deeper collaboration between Ghana and the United States, citing digital infrastructure, data centers, artificial intelligence, fintech, and other technology-driven services as sectors with significant investment potential. Apart from energy and technology, he noted opportunities in agriculture and agribusiness, mining, health and pharmaceuticals.

However, Mahama stressed that Ghana's investment strategy was increasingly aimed at retaining more value from the country's natural and human resources domestically. "Ghana and the US have built a strong partnership. The next chapter of this relationship must place greater emphasis on trade and investment, technology, and productive enterprise.

American capital, American technology and experience can work with Ghanaian businesses and skills to produce goods and services for Ghana, Africa, and the world market," he noted.

The President highlighted the expanding economic relationship between the two nations, stating that total US-Ghana trade in goods and services reached US$4.6 billion in 2025, reflecting a 21.3% increase from the previous year. He attributed this growth to Ghana's strategic position in West Africa, improving macroeconomic conditions and access to the broader African market, providing American companies a robust platform for investment.

Mahama stressed that the aim was to forge partnerships where American capital, technology, and expertise would complement Ghanaian skills and businesses, enabling them to compete in global markets. He added that these investments would not only propel Ghana's industrial transformation but also create opportunities for American firms to participate in the country's burgeoning role as a gateway to the wider African market.