Ghana, IFC to Deepen Partnership on Agriculture and Infrastructure – President Mahama
President John Dramani Mahama has expressed government’s readiness to deepen Ghana’s partnership with the International Finance Corporation (IFC) to support commercial agriculture, infrastructure and digital connectivity.
The President said the partnership will focus on sectors with the capacity to create jobs and drive economic growth.
He gave the assurance that government will work with the IFC to scale up commercial agriculture and expand key infrastructure across the country.
President Mahama made this known on Wednesday when he received the Managing Director of the IFC, Makhtar Diop, at the Presidency in Accra.
The discussions focused on scaling up commercial agriculture in key sub-sectors including cocoa, oil palm and poultry. They also covered the government’s policy to process at least 50 per cent of Ghana’s cocoa beans, other farm produce and minerals locally.
The meeting further addressed expanding the transport network, including railways, aviation and roads, and advancing digital connectivity through the Big Push Infrastructure Development programme. Critical challenges in the energy and education sectors were also discussed.
President Mahama, joined by the Chief of Staff and the Ministers for Finance, Energy and Trade, noted that Ghana has achieved a positive economic turnaround through prudent management and strict fiscal discipline. He cited the sharp drop in inflation, reduced national indebtedness and restored investor confidence as evidence of the progress made.
As part of bold transformative initiatives, the President announced that Ghana has secured a $300 million World Bank financing package dedicated to permanently phasing out the double-track system in Senior High Schools by the end of 2027.
The IFC Managing Director pledged the institution’s full readiness to support Ghana’s commercial agriculture sector and broader efforts toward building a resilient, sustainable economy.
The meeting forms part of government’s ongoing engagement with international partners to support the country’s economic transformation agenda.
Richard Aniagyei, ISD
