John Mahama Wins Ghana's Presidential Election

Ghana's economy showed signs of recovery with a 7.2% GDP growth in Q3 2024, the highest since mid-2019, as the nation prepares for new leadership under former President John Mahama, who will take office on January 7. Mahama, who won the recent election with a significant margin of 56.6% against Vice-President Mahamudu Bawumia, faces high expectations from voters amid a backdrop of economic hardship. Despite the victory, voter turnout was lower than in the previous election, particularly in areas traditionally supporting Bawumia, indicating disillusionment with the ruling party. Mahama's supporters hope for economic improvements and the prosecution of corrupt officials, as the economy suffered a cost-of-living crisis since 2022. Economists emphasize the need for credible leadership and efficient government to navigate ongoing challenges. Mahama has pledged to reduce the cabinet size and prioritize merit-based appointments as he prepares to lead the country forward.