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 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.

Ghana's President-elect John Dramani Mahama has said he will not abandon the country's $3 billion rescue package with the International Monetary Fund, but wants to review the deal to tackle wasteful state spending and upgrade the energy sector.

Ghana’s former leader John Dramani Mahama was officially declared the winner of the presidential election on Monday after voters vented anger at the government’s handling of the economy.

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.