President William Ruto was among several African leaders present at the swearing-in ceremony of Ghana’s newly elected President, John Dramani Mahama, held on Tuesday at the iconic Black Star Square in Accra.
In his inaugural address, President Mahama expressed his commitment to creating an inviting business environment in Ghana. He assured both local and international investors that the country is “open for business,” vowing to implement a more transparent and equitable tax regime aimed at stimulating economic growth.
Following the ceremony, President Ruto highlighted the importance of fostering intra-African trade, stating that its full potential can only be achieved by establishing a conducive environment for businesses to thrive.
During a subsequent meeting with Wamkele Mene, Secretary-General of the African Continental Free Trade Area, President Ruto emphasized that peace and stability are crucial for the successful implementation of intra-African trade initiatives. He reiterated that regional integration and investment across the continent are vital for sustainable economic growth.
As African nations strive for greater cooperation and economic collaboration, the focus remains on creating stable environments that encourage investment and trade.
