Govt Secures £215m UK-Ghana Partnership for Development Drive
President John Dramani Mahama has announced the signing of a major UK-Ghana Growth Partnership expected to unlock investment deals worth up to £215 million to support infrastructure development, industrialisation, environmental sustainability, healthcare, technology innovation and job creation across Ghana.
The agreement was signed during the Ghana-UK Investment Summit in London and will serve as a strategic framework guiding economic cooperation between Ghana and the United Kingdom from 2026 to 2028.
The partnership is expected to deepen trade and investment ties between the two countries while supporting Ghana’s broader economic transformation agenda through private-sector-led growth.
One of the flagship projects under the agreement is a £101 million UK-backed investment for the development of the Gulf of Guinea’s first commercial-scale ship repair and dry-docking facility in Takoradi.
The Takoradi Floating Dock Project is expected to strengthen Ghana’s maritime industry, reduce reliance on foreign ship repair facilities and position the country as a regional hub for maritime services and logistics.
Government says the project could create up to 430 direct jobs, with at least 30 per cent of the employment opportunities reserved for women.
Beyond the maritime sector, the partnership also includes major climate and environmental investments aimed at supporting Ghana’s sustainability goals and forest restoration agenda.
An £85 million reforestation fund has been secured under the agreement, alongside an additional £9 million earmarked for forest restoration projects in the Oti Region.
The initiatives are expected to create jobs within local communities while promoting environmental conservation, sustainable land use and climate resilience.
In the technology and innovation sector, the agreement includes a £6 million partnership to support Ghana’s national Artificial Intelligence Strategy.
The funding will also strengthen collaboration between Ghanaian and British universities in science, technology and innovation research, while helping to build digital skills and technology-driven entrepreneurship among young people.
Government says the broader partnership is expected to support economic diversification, improve infrastructure, expand skills training opportunities and attract greater foreign direct investment into strategic sectors of the economy.
The announcement comes at a time when Ghana is intensifying efforts to attract international investment and strengthen bilateral economic cooperation as part of ongoing economic recovery and industrialisation programmes.
Officials say the agreement reflects growing investor confidence in Ghana’s economy and reinforces the country’s position as an important investment destination within West Africa.
The Ghana-UK Investment Summit brought together policymakers, investors, business leaders and development partners to explore opportunities for trade, investment and long-term economic collaboration between the two countries.
