Mahama government sparks investor optimism as Ghana's stock index set to extend gains in 2025

Ghana’s benchmark stock index, Africa’s best performer last year, is set to extend gains in 2025 as investors bet incoming President John Mahama government will restore economic stability.

The Ghana Stock Exchange Composite Index rose 56% in local-currency terms — the most since 2013 — aided by a $3 billion International Monetary Fund bailout that’s expected to support growth this year.

An economic recovery in Ghana may lure investors again this year, according to Nana Kofi Agyeman Gyamfi, head of wealth management at Bora Capital Advisors Ltd.