Ghana and the United Kingdom have finalised a major bilateral agreement designed to improve economic growth, infrastructure development, and job creation over the next two years.
Signed by President John Dramani Mahama during the Ghana-UK Investment Summit in London, the UK-Ghana Growth Partnership establishes a definitive roadmap spanning 2026 to 2028.
The agreement anchors up to £215 million in strategic deals and investments, specifically targeting private-sector expansion, environmental sustainability, and technological advancement.
In a statement confirming the pact, President Mahama emphasised that the agreement “aims to deliver tangible benefits for Ghanaians and businesses operating in our country.”
He noted that the financial commitments are intentionally structured to empower the next generation, adding that “by prioritising private-sector growth, infrastructure, and skills development for our youth, we aim to ensure they can compete globally.”
A key component of the partnership is the Takoradi Floating Dock Project, a £101 million UK-backed initiative that will establish the first commercial-scale ship repair and dry-docking facility in the Gulf of Guinea.
The infrastructure project is projected to create up to 430 direct employment opportunities, with a strict mandate dictating that 30% of these roles be reserved for women. According to the President, this facility “will propel Ghana to the forefront of regional maritime hubs.”
Environmental and technological initiatives also received substantial allocations under the new framework.
The partnership allocates £85 million toward a dedicated reforestation fund alongside a specific £9 million investment for forest restoration within the Oti Region, balancing economic development with climate-aligned infrastructure. Furthermore, a £6 million allocation will fund the implementation of the Ghana AI Strategy to enhance scientific collaboration across Ghanaian universities.
The bilateral agreement extends into the healthcare and education sectors as well, utilizing a £4 million partnership to provide specialist clinical engineering training, backed by new Transnational Education guidelines aimed at expanding access to international training for Ghanaian students.
Below is the post from the President
I am pleased to announce that today in London, we signed a landmark UK-Ghana Growth Partnership during the Ghana-UK Investment Summit, as a roadmap for 2026–2028. It aims to deliver tangible benefits for Ghanaians and businesses operating in our country.
Deals worth up to £215 million stand at the centre of our collaboration with the UK. By prioritising private-sector growth, infrastructure, and skills development for our youth, we aim to ensure they can compete globally.
A groundbreaking £101 million UK-backed initiative, part of the partnership, will create the Gulf of Guinea’s very first commercial-scale ship repair and dry-docking facility. Set to generate up to 430 direct jobs, including 30% reserved for women, the Takoradi Floating Dock Project will propel Ghana to the forefront of regional maritime hubs.
The Partnership is unlocking millions in climate-aligned infrastructure, propelling an £85 million reforestation fund and an exciting £9 million investment dedicated to forest restoration in the Oti Region. These transformative projects will generate local jobs and safeguard our environment.
Even more exciting, a £6 million partnership will support the implementation of the Ghana AI Strategy and energise science and technology collaboration across our universities.
In the health sector, our systems will be transformed by a £4 million partnership for specialist clinical engineering training. New Transnational Education guidelines will also be launched to open up outstanding opportunities for Ghanaian students to access world-class training.
By: Rainbowradioonline.com/Ghana
