President John Dramani Mahama and Mohamed bin Zayed Al Nahyan have agreed to deepen energy cooperation, including potential United Arab Emirates (UAE) investment in oil and gas storage facilities in Ghana, as both sides seek to strengthen supply security and diversify energy sources.
The discussions took place on the sidelines of Make it in the Emirates 2026 at the Abu Dhabi National Exhibition Centre, where the leaders explored expanding bilateral ties across energy, trade and technology.
The proposed investment in storage infrastructure points to a focus on strengthening Ghana’s downstream capacity while positioning the country as a more resilient hub in regional energy markets. It also aligns with broader efforts by Gulf states to extend energy partnerships into Africa amid shifting global demand patterns.
Both leaders indicated that cooperation would extend beyond traditional hydrocarbons, with a shared emphasis on transitioning toward liquefied natural gas and scaling solar power capacity. This reflects a growing pressure on oil-dependent economies to diversify energy portfolios and manage exposure to price volatility.
The talks also touched on geopolitical risks, including tensions in the Middle East. The two leaders acknowledged the United Arab Emirates’ strategic position in the region and expressed hope for a swift resolution to U.S.-Iran hostilities, noting that stability would allow governments to refocus on economic development and innovation.
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In addition to energy, the meeting covered opportunities in artificial intelligence, digital infrastructure and investment flows, areas both countries see as critical to long-term growth.
Sheikh Mohamed described Ghana as a stable partner with strong investment potential, while both sides reiterated their commitment to translating diplomatic engagement into tangible projects. The leaders said closer cooperation could unlock gains in trade and sustainable energy development as Ghana seeks to attract capital and modernise its energy sector.
