Nat’l Tymes News Desk
PRESIDENT John Dramani Mahama has secured a major economic breakthrough for Ghana following the signing of a landmark UK-Ghana Growth Partnership in London, a move expected to unlock investments worth up to £215 million and create hundreds of jobs across key sectors of the economy.
The agreement, signed during the Ghana-UK Investment Summit, sets out a roadmap for cooperation between Ghana and the United Kingdom from 2026 to 2028, with a strong focus on private-sector growth, infrastructure development, youth empowerment, technology, education and environmental sustainability.
Announcing the development, President Mahama described the partnership as a transformative step that would deliver real benefits to Ghanaians while strengthening Ghana’s position as a leading investment destination in West Africa.
According to him, the partnership reflects his government’s commitment to creating opportunities for young people, expanding industrial growth and building a resilient economy capable of competing on the global stage.
One of the flagship projects under the agreement is a £101 million UK-backed investment that will establish the first commercial-scale ship repair and dry-docking facility in the Gulf of Guinea.
The Takoradi Floating Dock Project, expected to generate about 430 direct jobs, will reserve at least 30 per cent of the employment opportunities for women, promoting greater gender inclusion in the maritime industry.
The project is expected to position Ghana as a major maritime hub in the sub-region, attract international shipping business and stimulate economic activity in the Western Region.
Massive Boost for Green Economy and Environmental Protection
The partnership also includes substantial investments in climate-friendly infrastructure and environmental protection.
An £85 million reforestation fund and an additional £9 million investment for forest restoration in the Oti Region are expected to create jobs, improve livelihoods and support Ghana’s efforts to combat climate change.
Government officials say these projects will not only restore degraded forest reserves but also provide sustainable income opportunities for local communities.
AI, Education and Health Sectors Receive Major Support
In a significant boost for innovation and technology, the United Kingdom will invest £6 million to support the implementation of Ghana’s Artificial Intelligence (AI) Strategy and strengthen scientific and technological collaboration among universities.
The initiative is expected to equip Ghanaian youth with critical digital skills needed to thrive in the rapidly evolving global economy.
The health sector is also set to benefit from a £4 million partnership aimed at training specialist clinical engineers, helping to improve healthcare delivery and strengthen the country’s medical infrastructure.
Additionally, new Transnational Education Guidelines will be introduced to expand access to world-class education and training opportunities for Ghanaian students.
Mahama’s Vision Attracting Global Confidence
Observers say the successful conclusion of the UK-Ghana Growth Partnership demonstrates growing international confidence in President Mahama’s economic vision and his administration’s efforts to reposition Ghana for sustainable growth.
With investments flowing into strategic sectors such as maritime services, technology, health, education and environmental restoration, the partnership is expected to accelerate job creation, boost industrialisation and open new opportunities for businesses and young people across the country.
The agreement marks one of the most significant outcomes of the Ghana-UK Investment Summit and reinforces Ghana’s commitment to building strong international partnerships that deliver tangible benefits for citizens.
Source: Nationaltymes.com
