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Mahama calls for urgent investment in Ghana’s oil sector

by Newsroom
14 May 2025
in News
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BIG PROMISE: Government to Prioritize Sports Infrastructure Development, Says President Mahama
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President John Dramani Mahama has urged immediate investment in Ghana’s oil and gas industry, highlighting the country’s improving macroeconomic conditions and untapped energy resources.

Speaking at the 2025 Africa CEO Forum in Abidjan, Mahama stressed the urgency for investors to act swiftly, noting, “If we do not invest now, Ghana’s oil reserves risk becoming stranded as the world moves toward decarbonization.”

He also stressed the importance of public-private partnerships to expand infrastructure and secure long-term growth in both the oil and renewable energy sectors.

In addition to addressing the oil sector, Mahama touched on the country’s broader economic stabilization efforts, including settling debts inherited from the previous administration.

These actions, he believes, will create a stable environment for continued growth in both the energy and other key sectors.

Tags: H.E John Dramani MahamaOil Industry
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