With the first UK-Ghana Investment Summit held in Accra, the UK launches a new chapter in its longstanding and wide-ranging partnership with Ghana.
The UK organised three days of activities to celebrate the strength of the UK-Ghana relationship, to launch a deeper and more strategic economic development partnership, and to take forward over £1 billion of potential investment deals which will boost Ghana’s economy and create thousands of jobs.
The activities included the launch of a UK Ghana Business Council and UK-Ghana Investment Summit which was attended by over 50 UK investors and business leaders who discussed opportunities for investment in key job creating sectors.
Speaking at the Investment Summit, President Akuffo-Addo highlighted his ambition of moving Ghana ‘Beyond Aid’ through industrialisation and infrastructure development creating thousands of jobs
Baroness Fairhead, the UK’s Minister for Trade and Export Promotion who spoke at the summit welcomed the vision and set out the UK Prime Minister’s ambition for the UK to engage more closely with Africa, and for it to become the G7’s largest source of FDI to the continent in support of jobs and economic development.
These announcements build on substantial previous UK investment in Ghana’s development.
Over the last two decades the UK has invested over £2 billion of development funding in Ghana and facilitated over £1 billion of private capital to support Ghanaian firms and infrastructure projects through its financing arms: the Private Infrastructure Development Group (PIDG), CDC (the UK’s Development Finance Institution) and UK Export Finance (UKEF).
UK Ghana Investment Summit
The UK Ghana Investment Summit is an event created by the UKGCC to promote Ghana as an investment destination for British companies and investors.
The first event took place on the 22nd of July 2017 in the UK and was attended by over 250 senior business professionals and leaders, followed by the second UK Ghana Investment Summit hosted on 17th of April 2018 in London.
This event brought together leading thinkers and decision-makers from different sectors and industries across both Ghana and the UK. The President of Ghana, H.E. Nana Addo Dankwa Akufo-Addo gave the keynote address followed by in-depth interviews with several Ministers of State and business leaders.
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