The Chief of Staff of the Republic of Ghana, Julius Debrah, has urged stronger collaboration between government and the private sector to fast-track the country’s economic transformation.
Delivering the keynote address at the Kwahu Business Forum 2026 on Friday, April 3, Mr Debrah stressed that manufacturing must be central to Ghana’s growth strategy if the nation is to build a more stable and inclusive economy.
“Building a new compact between government and business is a must,” he stated, outlining government’s responsibility to provide an enabling environment through sound policies, macroeconomic discipline, infrastructure development, efficient regulation, skills training, and reliable power supply.
He, however, challenged the private sector to match this commitment with bold investments and innovation.
“Business must invest boldly, innovate consistently, formalise where necessary, and scale beyond comfort. We must build firms that focus not only on immediate margins but on long-term competitiveness, resilience, and national impact,” he said.
Touching on the global economic landscape, Mr Debrah cautioned that ongoing geopolitical tensions, inflationary pressures, and supply chain disruptions continue to create uncertainty for economies worldwide. He noted that Ghanaian businesses must therefore adopt a resilience-driven approach to remain competitive.
“Firms must be able to withstand shocks, adapt quickly, and remain competitive even in difficult environments. This requires stronger institutions, better planning, local production, deeper supply chains, and a commitment to sustainability and governance,” he explained.
Mr Debrah also underscored the importance of mentorship within the business ecosystem, urging experienced leaders to guide the next generation while encouraging young entrepreneurs to embrace learning opportunities.
“Receiving mentorship must be treated not as a favour, but as a duty to learn, grow, and build responsibly,” he said.
In a rallying call, the Chief of Staff encouraged Ghana’s business community to convert potential into tangible outcomes, shifting the country’s economic identity from one driven largely by commerce to one anchored in production and industrial strength.
“This is our time to move from an economy known mainly for commerce into one respected for production, transformation, and competitive strength,” he noted.
He expressed confidence that with discipline, ambition, and unity of purpose, Ghana can build industries, create jobs, and expand opportunities for its citizens.
Mr Debrah concluded by urging participants at the forum to champion partnership, enterprise, and mentorship, describing the moment as a critical opportunity to usher in a new chapter of resilience and self-reliance in Ghana’s economic journey.
Story By: Eric Boateng
