During the ninth UK-Ghana Business Council (UKGBC) meeting in Accra, Ghana solidified its economic partnership with the United Kingdom by signing two pivotal Memoranda of Understanding (MoUs).
Co-chaired by Vice President Dr. Mahamudu Bawumia and the UK’s Minister of State for Development and Africa, Rt Hon. Andrew Mitchell, the agreements focus on specialized skills, knowledge, and technology transfer within the automotive sector.
This collaboration involves the UK’s Society of Motor Manufacturing and Traders’ Industry Forum and Ghana’s Auto Development Centre, aiming to position Ghana as a regional hub for vehicle manufacturing and innovation.
A major theme of the council meeting was the transition toward a sustainable “green economy.” The UK announced the Green Cities and Infrastructure Technical Assistance Programme for Ghana, which is designed to mobilize climate finance and support the development of climate-resilient infrastructure.
Discussions highlighted future-oriented industries, including Electric Vehicles (EVs), carbon finance, and the potential for a hydrogen economy. This initiative seeks to transform Ghanaian cities into centers of innovation while ensuring that urban growth aligns with global environmental standards.
The UKGBC has a proven track record of delivering tangible infrastructure since its launch in 2018. Past successes include securing financing for the expansion of the Kumasi and Tamale International Airports, as well as the completion of the Bekwai Hospital.
By expanding this partnership into science, technology, and innovation, both nations aim to drive mutual economic prosperity and ensure that Ghana remains a competitive destination for high-tech industrial investment in West Africa.
