Ghana climbs to 8th richest in Africa under Mahama – Labour Minister

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The Minister for Labour, Jobs and Employment, Rashid Pelpuo, has stated that Ghana’s economic standing on the continent has strengthened significantly under President John Dramani Mahama’s leadership.

According to Dr. Pelpuo, Ghana has risen from the 10th richest country in Africa to the 8th within a year, with its Gross Domestic Product (GDP) now surpassing GH¢100 billion. He described the development as evidence of renewed economic direction and stability.

Speaking in an interview with Citi FM on Sunday, February 22, 2026, the Minister attributed the improvement to decisive leadership and prudent economic management during the first year of the Mahama administration.

“This government is a committed government. The President has shown that leadership can make a big difference. With this past year, Ghana can be different altogether. We were in 10th place among Africa’s richest countries. After one year of administration, good governance, and committed leadership, we rose to 8th position, with a GDP above GH¢100 billion,” he stated.

Dr. Pelpuo added that the government remains focused on consolidating these gains, noting that job creation and targeted labour policies will be central to sustaining growth and improving living standards across the country.