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Ghanaian leader says pacts with Kenya will spur economic growth

15 December 2014, 08:13

Nairobi - Ghanaian President John Dramani Mahama said Sunday seven bilateral agreements his government inked with Kenya on Saturday will help spur economic growth between the two nations.

Speaking at the end of his four-day visit to Kenya, Mahama said agreements which included trade, education, tourism and Information and Communication Technology (ICT) will open up new economic frontiers for mutual benefits.

"We can take it (intra-Africa trade) to another level. We have historically cooperated together in the liberation struggle from colonial domination and the generation of our fathers have handed the responsibility to us to move our countries to the next step," he said at the end of the first-ever state visit to Nairobi.

The Ghanaian leader said his mission was successful and looks forward to increased trade between the two countries, adding that Kenya and Ghana have best practices that they can share with each other to boost prosperity.

Mahama, who arrived in Kenya on Thursday, said the two countries were now full middle-income countries and the challenge was how to translate the economic growth into real benefits for the people.

Also read: Kenya and Nigeria sign trade agreements

"How we are able to translate the fruits of growth into a good and decent life for our people to eradicate poverty, disease and illiteracy is a challenge we all face. There are best practices Kenya and Ghana can share with each other," Mahama said.

He said bilateral accords will ease the conditions for doing business and increase the volume of trade between the two countries.

Mahama said more agreements will be signed between the two nations when President Uhuru Kenyatta pays a state visit to Ghana in the near future. "When President Kenyatta visits Ghana, we will be able to sign agreements that include avoidance of double taxation," he said.

The close ties between Kenya and Ghana date back to the pre- colonial days when Ghana's First President Kwame Nkrumah and Kenya's first President Jomo Kenyatta were united in anti-colonial crusades.

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