The pivotal remarks were delivered on September 21, 2026, during the "Accra Reset: Full Circle – Making Global Development Work Again" event held on the sidelines of the 81st United Nations General Assembly in New York. Ghana had previously navigated severe financial distress, marked by a deep debt crisis and a complex International Monetary Fund (IMF) bailout program. Addressing the audience, Dangote pointed out that prior to recent intervention efforts, Ghana’s economic outlook was severely challenged and in sharp decline. However, he emphasized that President Mahama's strategy relied on fiscal discipline, prudent policy decisions, and building investor trust rather than political gimmicks. Highlighted directly in his address, Dangote noted:

"He didn't do any magic. He's not a magician, but he did the right things, and people really have a lot of trust in him.

And that's why Ghana's economy turned around. This has actually shown that money follows trust". Furthermore, Dangote explicitly congratulated the Ghanaian leader on the achievement, stating: "I want to commend President Mahama for turning around the economy of Ghana in a very short time. This has actually shown that money follows trust"and adding, "Your Excellency, I must really congratulate you".

This endorsement aligns closely with the key tenets of the Mahama administration's "Resetting Ghana Agenda," which prioritizes economic stabilization and investor confidence. Government indicators showcasing the recovery include a strengthening domestic currency, declining inflation rates, enhanced fiscal performance, and expanded international reserves. Dangote’s fundamental argument centers on the principle that political credibility directly dictates the movement of private investment capital.

Rather than depending solely on extraordinary external interventions, restoring local and international market faith creates the necessary foundation for sustained economic growth. By implementing sound economic policies, Ghana has demonstrated how emerging African economies can restore stability, attract foreign direct investment, and rebuild public trust.

Aliko Dangote’s praise for President John Dramani Mahama underscores a core principle of economic management: sustainable recovery is built on trust, transparency, and consistent policy execution. As Ghana continues to show signs of fiscal stabilization, currency appreciation, and lower inflation, maintaining investor confidence remains critical to long-term prosperity.

#Aliko Dangote Ghana economic recovery #President John Dramani Mahama economy