Ghana's president-elect, John Dramani Mahama, has pledged to revamp the cocoa sector and reorganise the state-run regulator, aiming to stimulate growth and improve efficiency in the world's second-largest cocoa producer.

Ghana’s president-elect John Dramani Mahama has revealed his intentions to review the loan from the International Monetary Fund, the current administration had secured. ・President-elect John Dramani Mahama plans to review the $3 billion IMF loan secured by the current administration.

ACCRA (Reuters) - John Dramani Mahama, who is returning as Ghana's president eight years after losing power, achieved his political comeback on a promise to mend the West African country's economy.

Ghana's electoral commission on Monday declared ex-president and main opposition leader John Dramani Mahama winner of Saturday's presidential election with 56.55% of the vote, according to provisional results.

Ghana’s incoming president John Mahama said a financing program with the International Monetary Fund will limit his government’s ability to undertake immediate radical reforms, a week after voters handed him a hefty mandate to fix the nation’s crippling debt burden and high cost of living.