Ghana's GDP Hits Major Economic Milestone, Country Rises to 8th Richest in Africa, Minister Says

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Ghana's GDP Hits Major Economic Milestone, Country Rises to 8th Richest in Africa, Minister Says - Sputnik Africa, 1920, 23.02.2026
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Ghana's GDP Hits Major Economic Milestone, Country Rises to 8th Richest in Africa, Minister Says

The nation has climbed from 10th to 8th place among Africa's richest economies within the first year of President John Mahama's administration, with GDP surpassing GH¢100 billion ($9.15 billion), Labour Minister Rashid Pelpuo announced.

Targeted investments, improved fiscal discipline, and policies focused on job creation and support for small enterprises have stimulated growth and restored confidence among businesses and partners, the minister emphasized.

While acknowledging remaining challenges, Pelpuo assured Ghanaians that the government is committed to sustaining the gains and expanding opportunities nationwide.

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