Ghana, UK sign Growth Partnership deal to boost jobs and industrial development

Ghana and the United Kingdom (UK) have signed a Growth Partnership agreement aimed at driving job creation and industrial development in key priority sectors.

The deal was signed on the sidelines of the Ghana-UK Investment Summit in London on Monday, June 1, as part of efforts to deepen economic cooperation between the two countries.

The agreement establishes a strategic economic framework focused on attracting investment, strengthening industries and supporting long-term development goals.

President John Dramani Mahama said Ghana has made significant economic progress through reforms and disciplined management, noting improvements in inflation, reserves, exchange rates and investor confidence.

He stated that inflation has declined sharply, international reserves have increased, and the cedi has stabilised, contributing to a more predictable environment for businesses and investors.

According to him, Ghana’s economy expanded by about 6 percent in 2025, with GDP now exceeding US$114 billion, positioning the country as one of the leading investment destinations in West Africa.

The Growth Partnership is expected to strengthen economic ties between Ghana and the UK while promoting industrial growth, exports and sustainable job creation.