Government announces UK-Ghana investment plans

A recent meeting in London of the UK-Ghana Business Council (UKGBC) was held to discuss strengthening trade ties between businesses in Britain and Ghana. Business and political leaders from both nations attended the meeting designed to boost economic relations.

The British Government announced the formation of a new body, entitled the UK-Ghana Investors Group, consisting of leaders from the business world and investors. The group’s goal is to create new investment opportunities, and representatives from the UK welcomed recent financial agreements made in both the security and gold supply chain sectors. These investment deals were valued at over £100 million.

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Ghana’s senior delegation was led by Alan Kyerematen, Minister for Industry and Trade, while Vicky Ford, Minister for Africa, and Penny Mordaunt, Minister for Trade Policy, co-chaired the talks. Ford commented on the discussions:

“The UK and Ghana trade is already worth almost a billion pounds per year, but there is so much more our two economies can do together.”

The UKGBC was originally established back in 2018. It is a high-level forum that was created to promote bilateral partnerships and relations between the private sector in Ghana and its counterparts here in the UK. Britain continues to be committed to working to deepen trade ties throughout Africa.

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