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Mahama Calls for Increased Korean Investment in Africa’s Key Sectors

President Mahama Urges Korean Investors to Support Africa’s Youth, Innovation, and Economic Growth

Story Highlights
  • President Mahama calls for increased South Korean investment in Africa’s priority sectors
  • Africa’s young population is highlighted as a driver of innovation, entrepreneurship, and global growth
  • Ghana’s economic vision emphasizes democracy, innovation, and empowering youth to become job creators rather than job seekers

President John Dramani Mahama has called for increased investment from South Korea in Africa’s key sectors.

Speaking at Yonsei University in Seoul, President Mahama said Africa stands at the threshold of unprecedented transformation.

He noted that by 2050, nearly a quarter of the world’s population will be African, with one-third of the global youth population aged 15–24 coming from the continent.

President Mahama explained that while many developed countries face ageing populations and shrinking workforces, Africa’s young population represents immense energy, creativity, and innovation.

He added that the continent’s youth include entrepreneurs, scientists, artists, engineers, and leaders ready to seize opportunities and contribute to global growth.

He therefore encouraged more Korean investment in sectors such as education, agro-processing, pharmaceuticals, technology, renewable energy, and advanced manufacturing.

The President said his vision for Ghana is to demonstrate that democracy can deliver meaningful development and improved livelihoods for the people.

He emphasized that innovation must play a central role in Ghana’s economic transformation, stressing that the country’s young population should be empowered to become job creators rather than job seekers.

President Mahama expressed optimism about Ghana’s future, saying the determination and ambition of the youth continue to inspire confidence in the country’s development prospects.

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