President John Dramani Mahama has declared an end to Ghana’s long-standing reliance on rented embassy buildings abroad, pledging to save the nation more than $15 million annually.
Unveiling the government’s new STRIDE initiative — Strategic Transition from Rentals into Developing Embassies — the President said the plan forms a core part of his Reset Agenda to curb wasteful spending and safeguard Ghana’s dignity on the international stage.
“Ghana cannot continue spending a staggering more than 15 million dollars every year on renting properties abroad for our diplomatic use,” Mahama noted after swearing in a fresh batch of Ambassadors and High Commissioners at the Jubilee House on Thursday, September 4, 2025.
“This is not a judicious use of taxpayers’ resources and the reset agenda requires an immediate reversal of this trend. And that is why cabinet has promptly approved the STRIDE initiative”
He disclosed that a transaction advisor has been appointed, standard designs for new missions are being prepared, and financing arrangements are under negotiation.
Once completed, the initiative will allow Ghana to replace rented facilities with purpose-built, state-owned properties, reducing costs while projecting permanence and national pride.
Mahama stressed that this bold shift was not only a financial decision but also symbolic of Ghana’s renewed push for efficiency, accountability, and global respect under the Reset Agenda.