On the 7th of November 2016, Ghana will elect a new president. The elections will have a major impact on the economic recovery of Ghana.
Currently the economic growth is slowing down. The government of president Mahama’s improved infrastructures and the healthcare system without succeeding to provide jobs. Ghana, one of the leading economies in West Africa , deals also with recurring electric supply issues and increasing duties end taxes. All of this has a crucial impact on the spending curve of the Ghanaian population.
John Mahama from the National Democratic Congress (NDC) will face again Nana Afuko-Addo of the center-right Convention People’s Party (CPP). In 2012 during the last elections Mahama won with 50.7% and Akufo-Addo stayed behind with 47.7% of the votes.
As the elections will have a major impact on the economy of Ghana, investments will slow down or even come to a complete stop.