President John Dramani Mahama and Singaporean President Tharman Shanmugaratnam have held bilateral talks focused on sustainable development, carbon markets, and value-added agriculture.
The discussions, which took place in Singapore during President Mahama’s three-day state visit, highlighted a landmark carbon credit agreement—the first such deal between Singapore and an African nation. President Tharman described it as a platform to channel investments into low-carbon growth while also deepening cooperation in agribusiness and downstream processing of products such as cashew and cocoa.
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He underscored Singapore’s readiness to support Ghana in developing Small and Medium Enterprises (SMEs), agro-industrial projects, and green initiatives, noting that job creation remains a shared challenge.
President Mahama, for his part, said Ghana is prioritising job creation through modern agriculture and services under his Reset Agenda. He pointed to the Volta Economic Corridor, with more than two million hectares of arable land for agro-processing parks and irrigation projects, as a potential game changer under Ghana’s 24-hour economy programme.
He also highlighted the fast-growing creative and digital services sector, which he said generates jobs at a faster pace than traditional sectors, positioning it as critical for youth employment.
Framing the partnership within Africa‘s economic integration under the AfCFTA, Mahama congratulated Singapore on 60 years of independence and reaffirmed Ghana’s determination to transform economic stability into sustainable, job-rich growth through green finance, agro-processing, and digital opportunities.
