President John Mahama has called on African leaders to address corruption as a vital step in driving economic transformation.
In a speech focused on trade, industrialisation, and governance, President Mahama stressed that corruption is undermining Africa’s economic potential and hindering progress.
While acknowledging the continent’s abundant natural resources, young population, and technological advancements, he cautioned that corruption remains a major barrier to sustainable development.
“Prosperity cannot be achieved without good governance, transparency, and accountability,” he said. “Investors and businesses thrive where there is stability, predictable policies, and the rule of law.”
“Our youth are tired and frustrated at the lack of opportunities to realise their dreams and aspirations,” he said. “Our decision to embrace democratic governance was supposed to yield a dividend that would improve the lives of our people and bring prosperity to all. Unfortunately, progress has been sluggish and intangible.”
He stressed that the success of initiatives like the African Continental Free Trade Area (AfCFTA) depends on eliminating corruption-related inefficiencies that hinder trade and investment.
President Mahama urged African leaders to go beyond rhetoric and take decisive action in the fight against corruption. “The decisions we make at this conference must lead to more than just resolutions,” he emphasized. “We must act with urgency, determination, and a shared vision for prosperity.”
Quoting Ghana’s first President, Dr. Kwame Nkrumah, Mahama reminded attendees, “The forces that unite us are intrinsic and greater than the superimposed influences that keep us apart.” He called for a collective effort to eliminate corruption and ensure Africa’s resources are used for the greater good.
The 2025 Africa Prosperity Dialogues concluded with a pledge from leaders to prioritize good governance, offering hope that Africa can overcome corruption and unlock its full economic potential.
The presidential session featured contributions from President Faure Gnassingbé of Togo and President Azali Assoumani of the Comoros.