John Dramani Mahama declares Ghana back as West Africa's No.2 Economy

At a groundbreaking ceremony in Shama, John Dramani Mahama announced that Ghana’s GDP has crossed 100 billion dollars, reaching an estimated 113 billion dollars. That places Ghana ahead of Cote d’Ivoire once again as the second largest economy in West Africa.

Inflation has reportedly fallen from 23.5 percent in January 2025 to 3.8 percent in January 2026. Economic growth reached 5.5 percent in the third quarter of 2025, the strongest performance since 2020. Sovereign rating upgrades from Moody’s and S&P are being presented as proof that investor confidence is returning.

The announcement was made alongside a 250 million dollar float glass factory by KEDA Ghana Ceramic Company Limited. When fully completed, the plant is expected to produce 1400 tons of glass daily and export across Africa and Europe.

The message is clear. Ghana wants to shift from import dependence to industrial production and exports.

The real question now is sustainability. Can stability be maintained. Can manufacturing scale. Can exports compete.

Rankings matter. Execution matters more.