President John Dramani Mahama has announced the signing of a landmark UK-Ghana Growth Partnership valued at up to £215 million, describing the agreement as a major step towards strengthening economic cooperation and delivering tangible benefits for businesses and citizens in both countries.
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.
According to President Mahama, the partnership is designed to support private sector growth, infrastructure development, environmental sustainability, skills training, education, healthcare, and technological innovation.
The announcement formed part of a broader effort by the government to attract investment and deepen strategic cooperation with international partners.
Investment Package Targets Economic Growth
At the centre of the partnership are investment commitments worth up to £215 million across multiple sectors of the Ghanaian economy.
President Mahama explained that the agreement places strong emphasis on creating opportunities for businesses, expanding infrastructure, and equipping young people with the skills needed to compete in an increasingly globalised economy.
The partnership reflects the growing economic relationship between Ghana and the United Kingdom and highlights a shared commitment to promoting sustainable development and long term prosperity.
Takoradi Floating Dock Project Takes Shape
One of the flagship initiatives under the agreement is a £101 million UK backed investment that will establish the Gulf of Guinea’s first commercial scale ship repair and dry docking facility.
The Takoradi Floating Dock Project is expected to strengthen Ghana’s maritime sector and position the country as a leading hub for ship repair services within the West African sub region.
President Mahama said the project is projected to create up to 430 direct jobs, with 30 percent of those opportunities reserved for women.
The facility is expected to support maritime trade, improve servicing capacity for vessels operating in regional waters, and contribute to industrial growth within Ghana’s coastal economy.
The development is also expected to reduce the need for vessels operating in the region to seek repair services outside West Africa, potentially generating additional economic activity and investment.
Climate and Environmental Investments
The partnership also includes significant investments aimed at supporting environmental protection and climate resilience. According to President Mahama, the agreement will unlock substantial climate aligned infrastructure financing, including support for an £85 million reforestation fund.
An additional £9 million investment will be directed towards forest restoration activities in the Oti Region. The President noted that these initiatives will not only contribute to environmental conservation but also create employment opportunities in local communities.
The projects are expected to support Ghana’s broader efforts to address climate challenges, restore degraded landscapes, and promote sustainable management of natural resources.
By combining economic development with environmental protection, the partnership seeks to advance long term sustainability objectives while supporting livelihoods.
Advancing Technology and Innovation
Technology and innovation form another key pillar of the new growth partnership. President Mahama announced that a £6 million collaboration has been established to support the implementation of Ghana’s Artificial Intelligence Strategy and strengthen cooperation between educational and research institutions in both countries.
The initiative is expected to enhance science and technology development while creating new opportunities for academic partnerships and innovation driven growth.
The investment aligns with Ghana’s ambition to position itself as a leading technology and innovation hub on the African continent. The collaboration will help build local expertise, strengthen digital capabilities, and support the development of emerging technologies that can contribute to economic transformation.
Boost for Healthcare and Education
The agreement also includes measures aimed at strengthening healthcare delivery and expanding educational opportunities. A £4 million partnership has been earmarked for specialist clinical engineering training to support improvements in Ghana’s health sector.
The programme is expected to enhance technical capacity within healthcare institutions and contribute to the effective management and maintenance of medical equipment.
In education, new Transnational Education guidelines are set to be introduced under the partnership. The initiative is expected to create additional pathways for Ghanaian students to access internationally recognised training and academic programmes through collaboration between institutions in Ghana and the United Kingdom.
Government officials say the move will broaden educational opportunities while helping to equip students with skills required in a rapidly evolving global economy.
Strengthening a Strategic Partnership
The signing of the UK Ghana Growth Partnership represents one of the most significant bilateral cooperation agreements announced during the Ghana UK Investment Summit.
By combining investments in infrastructure, climate resilience, technology, healthcare, education, and skills development, the agreement seeks to support Ghana’s economic transformation agenda while deepening ties between the two countries.
President Mahama described the partnership as an important framework for advancing shared goals and creating opportunities for future generations.
The agreement is expected to serve as a foundation for stronger economic cooperation between Ghana and the United Kingdom over the next several years, while delivering projects aimed at promoting growth, innovation, and sustainable development across key sectors of the economy.
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