President John Mahama has joined fellow African leaders at the 60th Annual Meeting of the African Development Bank (AfDB), currently underway in Abidjan, Côte d’Ivoire.

During a panel discussion, President Mahama praised the recent appreciation of the Ghanaian cedi against the US dollar, describing it as a positive development for the national economy.

He also offered his perspectives on how African countries can achieve sustainable development without excessive reliance on external loans and provided insights on effective debt management strategies.

Mr. Mahama outlined how his administration has managed Ghana’s economy over the past five months, highlighting interventions that have helped stabilise the fiscal environment since his return to office.

The 2025 Annual Meetings of the African Development Bank Group, which commenced on 26th May, are scheduled to conclude on 30th May.

A major highlight of the event will be the election of a new president to succeed Dr Akinwumi A. Adesina, whose second five-year term as Group President is coming to an end.

More than 6,000 delegates are attending the event, including African heads of state and government, finance ministers, central bank governors, development partners, private sector representatives, civil society leaders, academics, think tanks, NGOs, and other key stakeholders.

This year’s gathering is being held under the theme: "Making Africa's Capital Work Better for Africa's Development."