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Youth unemployment, terrorism in Sahel can disrupt Ghana’s political stability – Security Report
The West Africa Center for Counter-Extremism (WACCE), says Ghana’s political stability may be disrupted, in the wake of terrorism in the Sahel and other domestic challenges such as youth unemployment.
In a report by the regional security research organisation, it said even though Ghana has been relatively peaceful over the years, there is the likelihood of an upsurge, due to recent happenings in the sub-region, and neighbouring countries such as Benin, Togo and Ivory Coast.
WACCE maintained that the threats of political instability can, however, be forestalled if measures are put in place to prevent the impending dangers.
“The threat of terrorism is increasingly descending from the Sahel towards the Coastal States. Today more than 53% of all ECOWAS states are experiencing insurgencies. The pervasive spillover phenomenon makes Ghana’s border regions a key area of concern.
“Recent attacks in Benin, Togo and Ivory Coast highlight the determination of the terrorists to expand beyond landlocked Sahelian countries, where the insurgency has devastated thousands of lives and property in the last decade.
“Ghana has a big number of prolonged unresolved chieftaincy and ethnic conflicts and tensions, particularly in the Northern regions.
“The inherently high exploitative capacity of extremists implies that these vulnerabilities put Ghana in danger of terrorist exploitation”, a summary of the report revealed.
The report further stated that “Many analyses project the pervasive youth unemployment rate of about 5%9 as one of the biggest risks. The present government set up the Nation Builders Corps (NABCO) to absorb the high number of unemployed graduates, most of them temporarily.
The growing joblessness has driven many onto cyberspace to live in an illicit economy.
The determination of social activists such as the #FixTheCountry campaigners to exploit the security, economic and governance challenges amplifies the risks associated with youth grievances.
The above highlight the widespread nature of the threat to Ghana and underscores the importance and urgency needed to escalate national commitment to preventing the threat from spilling into Ghana”.
In a related development, an international conflict resolution expert, Col. (Rtd.) Festus Aboagye has charged government to address the socio-economic inequalities to fight terrorism and attacks.
According to him, factors and circumstances that have led to military coups in other West African countries exist in Ghana; hence, government must put stringent measures to deal with the grievances of agitated groups and individuals.
n an earlier interview on Newsfile, the ex-military officer warned that the country is susceptible to similar coups and attacks in other neighbouring countries if the socio-economic needs of the citizens are not fixed.
“All of us need to be worried. I belong to the school of thought that you don’t fight terrorism with only guns and bullets. Indeed, it will be more productive to address some of the socio-economic inequalities.
I don’t need to be a political scientist or an economist to argue that the Northern part of this country [is] bordering countries that are unstable, where there are gross socio-economic inequalities”, he stated.
Touching on how the looming political instability can be averted, WACCE said, “The overall effectiveness of Ghana’s response will be determined by the State’s willingness to recognise that the battle against terrorism and the drivers that underpin it cannot be won on the battlefield alone.
It will be won in the local community in dealing with the drivers of radicalization and building resilience against the threat.
It will be won by effectively addressing grievances, mobilizing local community support and goodwill to build the social and economic infrastructure that is required to build resilience against extremism”.
Source: www.myjoyonline.com
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.
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.
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.
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.
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
President John Dramani Mahama on Tuesday, March 31, 2026, signed five bills including three amendment bills passed by Parliament into law.
They are: Security and Intelligence Agencies Bill, 2025; University of Engineering and Agricultural Sciences Bill, 2025; Ghana Deposit Protection (Amendment) Bill, 2025; Growth and Sustainability Levy (Amendment) Bill, 2026; and Education Regulatory Bodies (Amendment) Bill, 2026.
In a brief remark after assenting to the bills, President Mahama explained that the Security and Intelligence Agencies Act, 2026, scraps the Office of Minister of National Security and frees the President’s to appoint any Minister to supervise the security agencies.
He said it also reverses the name of the office of National Intelligence Bureau (NIB), to the original name, Bureau of National Intelligence, (BNI).
This the President said, addresses the confusion between that security agency and a well-known Ghanaian financial institution, the National Investment Bank.
President Mahama also noted that the University of Engineering and Agricultural Sciences Act, 2026, establishes another University in the Eastern Region, at Bonsu, with three campuses – the main campus at Bonsu in the Eastern Region, with the second campus to be cited at Ohawu in the Oti Region.
The third, the Presdient assed will be located at Acherensua in the Ahafo Region.
Touching on the Amendment to the Growth and Sustainability Levy Act, the President said, “As you’re aware, the act was amended to increase it from 1% to 3%, and so this act reduces it again. That is the levy on mining companies. It reduces it again to 1%, because of the introduction of the sliding scale of royalties.”
He also spoke to the passage of the Government Education Regulatory Bodies Amendment Act, emphasising that amends Act 1023 to grant greater flexibility to private tertiary institutions and the option to Charter.
The Ghana Deposit Protection Amendment Act, the President concluded, is an amendment to an original act that was supposed to guarantee deposits held in commercial banks or financial institutions.
It basically expands protection to include mobile money wallets and other digital platforms, ensuring a wider scope of digital financial assets are secured.
The signing ceremony, was witnessed by the Clerk of Parliament, Mr. Ebenezer Ahumah Djietror, Secretary to the President, Dr Callistus Mahama, the Minister of Justice and Attorney General, Dr Dominic Akrutinga Ayine, Chief of Staff, Julius Debrah, Joyce Bawa Mogtari, a Senior Presidential Advisor and a Special Aide to the President, Finance Minister, Dr Cassiel Ato Baah Forson, and the Vice President, Professor Jane Naana Opoku Agyemang.
