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Ghana, UK launch 2026–2028 growth partnership at investment summit

by The Sikaman Times
June 2, 2026
Ghana, UK launch 2026–2028 growth partnership at investment summit
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President John Dramani Mahama has announced the signing of a new UK-Ghana Growth Partnership aimed at strengthening economic cooperation, attracting investment, creating jobs, and supporting skills development across key sectors of the Ghanaian economy.

The agreement was signed in London during the Ghana-UK Investment Summit and will serve as a roadmap for collaboration between Ghana and the United Kingdom from 2026 to 2028.

Announcing the development, President Mahama said the partnership seeks to deliver practical benefits to Ghanaians and businesses operating in the country.

“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,” he stated.

According to the President, investment deals worth up to £215 million are expected to underpin the partnership, with a focus on private-sector growth, infrastructure development, and youth empowerment.

“By prioritising private-sector growth, infrastructure, and skills development for our youth, we aim to ensure they can compete globally,” Mahama said.

A major component of the agreement is a £101 million UK-backed investment in the Takoradi Floating Dock Project, which is expected to establish the Gulf of Guinea’s first commercial-scale ship repair and dry-docking facility.

The project is projected to create up to 430 direct jobs, with 30 per cent of positions reserved for women.

Describing the significance of the initiative, the President said: “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 also includes climate-related investments, including an £85 million reforestation fund and a £9 million initiative focused on forest restoration in the Oti Region.

“These transformative projects will generate local jobs and safeguard our environment,” Mahama noted.

In the technology sector, the agreement provides £6 million to support the implementation of Ghana’s Artificial Intelligence Strategy and strengthen science and technology collaboration among universities.

“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,” the President said.

The health sector is also expected to benefit from a £4 million partnership dedicated to specialist clinical engineering training, while new Transnational Education guidelines will be introduced to expand access to international educational opportunities for Ghanaian students.

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