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AfricaGeneralHeadlinesInternationalPolitics

We’ve shown democracy works, change is possible in my first year back in office – Mahama

President Mahama highlights Ghana’s economic turnaround in his first year back, promoting the Accra Reset initiative for African development at Davos.

Risa Wyettey Cofie By Risa Wyettey Cofie Published January 23, 2026
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President John Dramani Mahama, has highlighted the country’s progress in his first year back in office, stressing that focused and accountable leadership can deliver tangible change. He made the remarks during the Accra Reset convening held at the Steigenberger Icon Grandhotel Belvédère in Davos, Switzerland.

“In my first year of being back in the office, we’ve shown that democracy works and that change is possible when leadership is focused and accountable to the people,” President Mahama said, outlining Ghana’s recent economic turnaround.

The President noted that Ghana has moved from a debt-distressed and crisis-ridden economy to one marked by a stable macroeconomy, single-digit inflation, a strengthened currency, and improved business confidence. “From a debt-distressed, crisis-ridden economy, we have achieved an impressive turnaround, with a stable macroeconomy characterised by single-digit inflation, a strengthened currency, and increased business confidence,” he added.

Addressing global leaders and partners at the World Economic Forum, Mahama framed the Accra Reset as a practical blueprint for Africa to assert greater control over its development. He emphasized the need for collective African action, warning against “triple dependency” – reliance on others for security, health and education systems, and value extraction from natural resources.

“The COVID experience was a wake-up call. Africa was the last continent to begin receiving vaccines amid a global pandemic. But for the immunological profile and resilience of the African population, many millions would have died,” he said, stressing the importance of building local capacity.

READ: Bilateral relations are increasingly transactional – President Mahama pushes African self-reliance at Davos Accra Reset

President Mahama also outlined key pillars of the Accra Reset initiative, including skills development, regional industrial cooperation, joint negotiation on minerals and trade, local production of essential goods, and accountability in governance. “Reset means reform. And reform means results,” he asserted.

He called on global partners to engage in a “partnership of the willing,” where countries of the Global South co-design development programmes rather than simply receive aid. “We want to create Prosperity Spheres across regional platforms where countries coordinate on investment, infrastructure, and jobs,” he said, adding that the initiative aims to ensure young Africans have opportunities at home, reducing the need for dangerous migration.

READ: 29th GJA Media Awards: “Freedom must be balanced with responsibility” – Mahama

President Mahama’s Davos remarks follow the launch of the Accra Reset initiative at the UN General Assembly last September and form part of a continental vision to reshape Africa’s economic and industrial future through collaboration, innovation, and accountable leadership.

Source: Starrfm.com.gh

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TAGGED:Accra resetAfrica Developmentghana economyjohn MahamaWorld Economic Forum
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By Risa Wyettey Cofie
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Risa Wyettey Cofie is passionate about discovering and telling stories, inspiring growth, building sought-after personal brands, and impacting lives. She’s an Author, a Digital Journalist, a Personal Brand Manager, and a Social Impact Advocate. She’s also a Web Content Manager at EIB Network; and the Founder of Star Your Brand, Today’s Youth Africa, Damsels on Fire Tour and Ghana Needs Peace Campaign.
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