Africa can unlock a $3.4tn market by harmonising trade policies and investing in critical infrastructure, according to President John Dramani Mahama.
Speaking at the Africa Prosperity Dialogues 2025 in Accra, President Mahama said that while trade liberalisation was important, it was not enough on its own to drive sustained economic growth.
“We must strengthen African supply chains to ensure that our industries produce goods that meet both regional and global standards,” he said.
President Mahama also called for the elimination of non-tariff barriers and a reduction in the cost of doing business across borders.
He stressed the importance of accelerating the operationalisation of the Pan-African Payment and Settlement System (PAPSS), which would help streamline financial transactions and facilitate the movement of goods and services across Africa.
The Africa Prosperity Dialogues 2025 brought together policymakers, business leaders, and thought leaders from across Africa to discuss solutions to the continent’s economic challenges and opportunities for growth.
