
Audio By Carbonatix
President John Mahama emphasized the need for a concerted effort to invest in critical infrastructure and harmonise trade policies across the continent to unlock Africa’s economic potential.
Speaking at the Africa Prosperity Dialogues 2025 in Accra, on Saturday, February 1, President Mahama stated that while trade derealization is an important step, it is not enough on its own to drive sustained economic growth.
He highlighted the importance of investing in infrastructure, such as efficient road and rail networks, ports, and digital connectivity, to facilitate smoother and more cost-effective trade.
"We must strengthen African supply chains to ensure that our industries produce goods that meet both regional and global standards," he said.
He underscored the need to eliminate non-tariff barriers and reduce the cost of doing business across borders to foster an environment conducive to trade and economic collaboration.
Mr Mahama also stressed the importance of accelerating the operationalization of the Pan-African Payment and Settlement System (PAPSS), which would help streamline financial transactions and facilitate the movement of goods and services across Africa.
He added "If we commit to these actions, we can unlock a $3.4 trillion market, creating jobs and prosperity for millions of Africans across this continent."
The dialogue brought together policymakers, business leaders, and thought leaders from across Africa to discuss solutions to the continent’s economic challenges and opportunities for growth.
Latest Stories
-
Family announces change of venue for Beverly Afaglo’s funeral
9 minutes -
India arrests three Nigerians for drug trafficking
13 minutes -
New mandatory travel rules for anyone entering or leaving South Africa
15 minutes -
South Africa’s rebuttal over Ghanaian killing routine diplomacy — Prof Antwi-Danso
18 minutes -
Bridging Continents and Politics: The inspiring journey of Richard Agyare (Akwasi Poku)
20 minutes -
Atlantic Catering and Logistics CEO supports flood relief effort with hot meals for displaced residents
20 minutes -
Full Statement: DCOP Ayamga Akolgo explains his petition against former Chief Justice Torkornoo
23 minutes -
Red tape could cost Ghana the carbon investment boom – Annoh-Dompreh
28 minutes -
Residents in Damang benefit from new sustainable water supply system
31 minutes -
We must not sell cheap today what we need tomorrow – Minority Chief Whip warns on carbon credits
35 minutes -
Floods collapse over 30 houses in Keta Island communities
35 minutes -
Will you stay for your children?
36 minutes -
Venezuela quake survivor pulled out alive after eight days
37 minutes -
The Carbon Credit Market: Another excellent opportunity for Ghana to get it right
51 minutes -
No pay, no drains: How Mahama’s inflation obsession cut spending and stalled Accra’s mega flood project
59 minutes