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Mahama: Ghana to join Africa’s top economies for surpassing $100bn mark

 President John Dramani Mahama has announced that Ghana’s economy has surpassed the $100 billion mark for the first time, a milestone projected to place the country among Africa’s largest economies.

Delivering the 2026 State of the Nation Address, President Mahama described the economic progress as “broad-based and comprehensive,” emphasising that all sectors of the economy have recorded remarkable improvement within his first year in office.

Ghana, Africa, Economy

The President highlighted the government’s success in stabilising the national currency, noting that the cedi appreciated by 40.7% against the US dollar, 30.9% against the British pound, and 24% against the Euro.

We did not just arrest currency instability; we strengthened the cedi to put up a good fight against other currencies,” he said.

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