BRICS application is a bid to widen Ghana’s trade and investment options – Mahama
President John Dramani Mahama has described Ghana’s application to join BRICS as a deliberate strategy to broaden the country’s development partnerships and deepen South-South cooperation. The president said this during the commissioning of new ambassadors to Angola, Qatar and Israel, and for Ghana’s Permanent Mission to the United Nations, at Jubilee House in Accra on […]
President John Dramani Mahama explained that Ghana's application to join the BRICS bloc is a strategic move to expand the country's development partnerships and promote South-South cooperation. Delivered during the commissioning of new ambassadors and Permanent Mission to the United Nations at Jubilee House in Accra, Mahama emphasized that Ghana intends to maintain its current relationships while pursuing new opportunities.
Foreign Affairs Minister Samuel Okudzeto Ablakwa announced the formal application on October 6, 2026, after Cabinet approval. The move aligns with Mahama's "New Economy" agenda, which focuses on job creation, investment, industrialization, and resource sovereignty. BRICS offers Ghana broader economic options, access to wider markets for cocoa, gold, and oil, and a platform for deeper South-South cooperation.
The minister affirmed Ghana's commitment to international financial institutions like the IMF, World Bank, and African multilateral financial institutions, and clarified that BRICS membership would not automatically grant loans or membership in the New Development Bank.
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