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I’ll increase DACF from 5% to 7% if I win 2024 polls – Mahama

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Former President John Dramani Mahama has promised to increase the district assembly common fund from the current 5% to 7% if he wins the 2024 elections.

Mr. Mahama, who is the presidential candidate of the opposition National Democratic Congress, made the promise in Bole after casting his vote in today’s district assembly elections.

The former President stated that this would be among the measures his government would take to deepen local governance.

“If God smiles on us, and we win the 2024 elections, we are going to take decentralization seriously, the rest of the ministries seriously, and the rest of the MMDAs that are still centralized. We are going to complete the decentralization so that we truly hand over power to the people at the local government level. Until we get our decentralization right, Ghana is not going to go anywhere, and so we are going to take it seriously.”

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“We are going to make sure that District Common Fund disbursement increases from 5% to 7%, as enforced in 2016, and that the District Assemblies Common Fund is going to be regular so that districts can take advantage of it to increase the pace of their development. So, for those who haven’t voted, please go to the polling stations and select your assembly members,” Mr. Mahama said.

Mr. Mahama also called on the Electoral Commission of Ghana to take measures to prevent the incidents of malfunctioning equipment and delayed starts witnessed in the district assembly elections from recurring in the 2024 General elections.

According to Mr. Mahama, a repeat of these incidents could cause chaos in 2024 if they occur again.

Source: Citinewsroom.com

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IGP decorates newly promoted senior police officers

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The Inspector-General of Police (IGP), Mr. Christian Tetteh Yohuno, together with members of the Police Management Board (POMAB), on April 17, 2026, decorated nineteen (19) senior officers who have been promoted to their next ranks based on the recommendations of the Police Council and approval of the President, John Dramani Mahama.

The ceremony, held at the National Police Headquarters in Accra, forms part of efforts to recognise merit, dedication, and long-standing service within the Ghana Police Service, while strengthening leadership across key operational and administrative levels.

The officers promoted from Deputy Commissioner of Police (DCOP) to Commissioner of Police (COP) are Dr. Luke Asue-In-Yeng Zakpaa, Mr. Frederick Agyei, Mr. Duuti Tuaruka, Mr. Arthur Osei-Akoto, Mr. Darko Offei Lomotey, Mr. Eric Ken Winful, Mr. Barnabas Nambont Nasumong, and Mr. Desmond Owusu Boampong.

The IGP and members of POMAB congratulated the officers and urged them to uphold the highest standards of professionalism and integrity in the discharge of their duties.

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G-NEXID hosts 6th Exchange Programme

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The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) successfully held its sixth (6th) Exchange Programme, hosted by the Ghana Export – Import Bank (GEXIM) Bank in Accra from March 22 to 23 March.

The event brought together member institutions, partner organisations and Ghanaian public entities to advance dialogue on South-South trade, investment and development finance, while also creating opportunities for knowledge-sharing and institutional cooperation.

Organised as a capacity-building and networking platform, the 2026 edition of the G-NEXID Exchange focused on GEXIM’s experience in developing innovative solutions to promote intra-African and extra-African trade.

It also highlighted trade and investment opportunities in Ghana, particularly in the context of the African Continental Free Trade Area (AfCFTA) and broader national development initiatives.

The Exchange Programme forms part of G-NEXID’s mandate to foster cooperation among export-import banks and development finance institutions in support of South-South trade and investment.

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This 6th edition follows earlier successful programmes hosted by India Exim Bank (2016), BNDES (2017), Indonesia Eximbank (2018), Afreximbank (2019) and Saudi EXIM Bank (2025).

On the first day, participants were presented with G-NEXID institutional information and received an update on the Network’s 2026 work programme.

There were a series of substantive presentations, including an overview of the Ghanaian economy by the Ministry of Finance, with particular attention to debt-related challenges; a presentation by the Ghana Investment Promotion Centre (GIPC), on investment opportunities in the country; and institutional presentations by GEXIM and Development Bank Ghana (DBG) on their respective mandates, initiatives, products and services.

Discussions during the sessions underscored strong interest in sector-focused webinars and business dialogues, particularly in agribusiness value chains such as poultry and rice.

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Participants also emphasized the importance of continued information exchange and the sharing of best practices, especially in the area of guarantees.

The second day opened with a presentation on the 24-Hour Economy and Accelerated Export Development Programme, a national economic transformation strategy launched by President John Dramani Mahama in July 2025.

The initiative aims to enhance economic productivity through continuous industrial activity, accelerated export development and strategic import substitution.

As the programme is expected to mobilise both private and development capital, it presents concrete opportunities for G-NEXID members in areas such as co-financing, guarantees, trade finance and technical cooperation.

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The programme also featured institutional presentations by guest organisations, namely the African Guarantee and Economic Cooperation Fund (FAGACE) and the West African Development Bank (BOAD), which shared their mandates, initiatives, products and services.

Following these exchanges, the G-NEXID Secretariat held bilateral discussions with both institutions as part of the Network’s ongoing membership drive.

Participants further benefited from a presentation by the Eastern and Southern African Trade and Development Bank (TDB), as well as a showcase of GEXIM’s key pipeline projects.

On the margins of the Exchange Programme, G-NEXID members also held their 20th Annual General Assembly Meeting to review progress and discuss strategic priorities.

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Following the event, participants joined the GEXIM@10 International Conference, held from March 24-25, 2026 under the theme, “A Decade of Enabling Export Trade and Industrial Transformation: Resetting GEXIM for the Next Frontier.”

The conference provided an important platform for exploring how Ghana can strengthen its transition from a primary commodity exporter to a more competitive player in value-added trade and industrial development.

Source – G-NEXID

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