President John Mahama has reaffirmed Ghana’s readiness to deepen trade, investment and financial cooperation with Zambia as part of efforts to strengthen economic resilience and promote shared prosperity between the two countries.

Addressing the National Assembly of the Republic of Zambia on Friday, 5 February, President Mahama commended the Zambian government for stabilising its macroeconomic environment, describing the improved performance of the Zambian kwacha and the ongoing reform agenda as positive signals to investors and regional partners.

“Ghana looks forward to deepening trade, investment, and financial cooperation with Zambia to reinforce resilience and shared prosperity,” he said.

President Mahama also expressed confidence in Zambia’s democratic institutions ahead of the general elections scheduled for August 2026, praising the commitment of the Zambian people to peaceful, free and fair elections.

He said it was in this spirit of mutual trust that Ghana and Zambia had revitalised the Permanent Joint Commission for Cooperation to provide a structured, results-oriented framework for collaboration across priority sectors, including trade and investment, energy, tourism, mining, agriculture, education, science and technology, youth development and defence.

The President further announced that the two countries had signed 10 Memoranda of Understanding to guide bilateral cooperation.

“Prominent among these is the MoU to allow visa-free travel for all categories of passport holders between Ghana and Zambia. This is an important step towards the free movement of our people on the African continent,” he noted.

President Mahama added that peace and security remain indispensable foundations for sustainable development, reaffirming Ghana’s commitment to continued cooperation with Zambia in defence training, intelligence exchange and peacekeeping to strengthen collective security across Africa.