Tanzania, Ghana Deepen Cooperation on Industrial and Economic Development

Samia Suluhu Hassan, President of Tanzania, has reaffirmed her government’s commitment to prioritizing industrial development, value addition in agriculture and mining, human capital development, as well as climate resilience to advance economic growth and development.

The president made the commitment during bilateral talks in Arusha with John Dramani Mahama, President of Ghana, on Monday.

Suluhu Hassan highlighted the nation’s macroeconomic performance, noting economic growth of 6 percent and inflation maintained within single digits.

She noted that the nation’s priority is to ensure that its natural wealth translates into tangible benefits for the people, which she said must be anchored in strong institutions and strategic investment.

For his part, President Mahama said Ghana is prioritizing the strengthening of its gold and cocoa sectors as part of strategic economic reforms to enhance accountability, increase export transparency, and boost domestic processing capacity.

He highlighted a recent feat in the gold sector which boosted the nation’s shipments from 63 tonnes to 104 tonnes within nine months.

On the cocoa sector, President Mahama said the government is intensifying efforts to boost local value-addition processing aimed at increasing revenues and generating employment across the agricultural value chain.

Both leaders agreed to strengthen bilateral relations to better harness their resources to accelerate economic growth, expand value addition, and create jobs.

They focused on key priority areas including mining, agriculture, fintech, cybersecurity, aviation, and natural resource governance to facilitate trade and investment flows between the two countries.