Business & Finance

Ghana, UK Sign £215m Growth Partnership as Mahama Pitches Economic Recovery Plan

Ghana’s economic transformation agenda got a major boost on the opening day of the Ghana–UK Investment Summit 2026, with both countries signing a historic UK-Ghana Growth Partnership worth up to £215 million.

The agreement was signed by Ghana’s High Commissioner to the United Kingdom and Ireland, H.E. Sabah Zita Benson, on behalf of the Government of Ghana, while the British High Commissioner to Ghana, H.E. Christian Rogg, signed for the UK Government.

President John Dramani Mahama and UK Deputy Prime Minister Rt. Hon. David Lammy witnessed the ceremony.

The Growth Partnership will run from 2026 to 2028 and establish a framework for deeper cooperation between Accra and London across trade, investment, infrastructure, skills development, technology, climate resilience and sustainable job creation.

Key projects expected under the deal include the Takoradi Floating Dock Project, climate-resilient infrastructure, reforestation programmes, artificial intelligence innovation, healthcare capacity building, and expanded educational opportunities for Ghanaian youth.

Speaking to investors and business leaders at the Summit, President Mahama presented Ghana’s economic recovery story and outlined his vision for long-term growth.

 

He credited progress to prudent economic management and targeted reforms and reiterated his administration’s commitment to building a productive, export-driven and industrialised economy.

The President highlighted flagship programmes such as the 24-Hour Economy Policy, the Feed Ghana Programme, the Big Push infrastructure initiative, and a new National Artificial Intelligence Strategy as central to that vision.

President Mahama also pointed to strategic investments in energy and connectivity, including a $2 billion upstream gas agreement with Tullow and its partners, and plans for a new national airline to strengthen trade, tourism and exports.

“Our greatest competitive advantage is our people,” the President stated, reaffirming confidence in Ghana’s youthful population, entrepreneurial spirit and democratic stability as the key drivers of sustainable growth and shared prosperity.

Story by Hajara Fuseini

Click to read more: https://opemsuo.com/author/hajara-fuseini/

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