Ghana’s economy is bouncing back strongly as the best-performing currency in the world for 2025.
This was declared by President John Dramani Mahama at the Presidential Investment Forum during the Tokyo International Conference on African Development (TICAD IX) in Japan.
Speaking at the event, President Mahama told investors that Ghana’s financial reforms and stability measures are paying off.
He explained that inflation, which peaked at nearly 23% in 2024, has dropped to 13.7% and is projected to hit single digits by the end of the year.
He touted Ghana’s achievement on its sovereign credit rating, moving from junk status to B- with a stable outlook, with expectations for further upgrades.
“For those of you who know the history of the Ghanaian cedi, it’s been one of the most volatile currencies in Africa, and a few years back, we were said to be the worst-performing currency. I’m happy to announce that this year, the Ghana cedi has been the best-performing currency in the world.”
He added, “Inflation rose to a high of almost 23% in 2024 and it’s currently down to 13.7%, and we expect that by the end of the year to hit single digit. And as Simon said, we’ve been upgraded from junk status to B minus with a stable outlook, and I’m certain that in t,” Mahama noted.
The president attributed the cedi’s performance to fiscal discipline, higher export earnings, and increased financial inflows, which he said have strengthened investor confidence.
President Mahama urged Japanese businesses to take advantage of Ghana’s stability, democratic governance, and growing market opportunities.
