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Business & EconomyNews

Mahama Secures £215m UK-Ghana Partnership for Multisectoral Development Drive 

Signed at the Ghana-UK Investment Summit, the deal includes major investments in maritime infrastructure, reforestation, AI, and healthcare capacity building aimed at boosting jobs and economic transformation.

George Asamoah
Jun 2, 2026

President John Dramani Mahama has announced the signing of a landmark UK-Ghana Growth Partnership, securing investment deals worth up to £215 million to accelerate infrastructure development, industrialisation, skills training, environmental sustainability, and technology innovation across Ghana.

The agreement, signed in London during the Ghana-UK Investment Summit, will serve as a roadmap for bilateral economic cooperation between 2026 and 2028, with a focus on private-sector growth and job creation.

A notable investment is a £101 million UK-backed investment that will establish the Gulf of Guinea’s first commercial-scale ship repair and dry-docking facility in Takoradi. The Takoradi Floating Dock Project is expected to create up to 430 direct jobs, with 30 percent of positions reserved for women, while strengthening Ghana’s position as a regional maritime services hub.

The partnership also unlocks significant climate-focused investments, including an £85 million reforestation fund and a further £9 million commitment to forest restoration projects in the Oti Region. The initiatives are expected to generate employment opportunities in local communities while supporting environmental conservation and sustainable land management efforts.

In the technology sector, Ghana is set to benefit from a £6 million partnership to support the implementation of the national Artificial Intelligence Strategy and expand collaboration in science, technology and innovation between Ghanaian and British universities.

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The health sector will receive a further boost through a £4 million partnership dedicated to specialist clinical engineering training, aimed at enhancing technical capacity and supporting the maintenance and operation of critical healthcare equipment across the country.

Announcing the agreement, President Mahama described the UK-Ghana Growth Partnership as a roadmap designed to deliver “tangible benefits” for citizens and businesses while advancing economic transformation.

According to the President, the partnership emphasizes “private-sector growth,” infrastructure development and skills training to equip young Ghanaians with the capabilities needed to compete in the global economy.

He noted that the Takoradi Floating Dock Project would help place Ghana at the forefront of regional maritime services, while the environmental investments would create jobs and contribute to the protection of the country’s natural resources.

President Mahama further highlighted the importance of the technology partnership in advancing the Ghana AI Strategy and deepening collaboration between academic institutions in both countries.

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