Bilateral trade between Ghana and the United Kingdom has surpassed £1.5 billion annually, with both countries being encouraged to expand cooperation into new and emerging sectors of the global economy.
President John Dramani Mahama says the current trade figure represents only a fraction of what is achievable, noting that stronger collaboration could significantly deepen economic ties between the two nations.
He made the remarks on Monday at the Ghana-UK Investment Summit in London, where he addressed investors and business leaders on opportunities for expanded economic partnership between Ghana and the United Kingdom.
He said the future of the Ghana-UK partnership must go beyond traditional trade into deeper collaboration in manufacturing, technology, infrastructure, agribusiness, renewable energy, financial services, pharmaceuticals, tourism, education and the digital economy.
“The future of the Ghana-UK partnership must move beyond traditional trade into deeper strategic collaboration,” President Mahama told the gathering, adding that the two countries share a relationship rooted not only in history but increasingly in trade, innovation, investment, education and shared democratic values.
The President said the summit is not simply a networking event but a platform for building long-term partnerships capable of delivering jobs, innovation, industrial growth and shared prosperity.
President Mahama also used the occasion to outline Ghana’s economic recovery, telling investors that inflation has dropped from 23.8 percent in December 2024 to 3.4 percent as of April 2026, international reserves have grown from $8.9 billion to nearly $13.9 billion, and Ghana’s economy has expanded to $114 billion, making it the eighth largest in Africa.
He said these improvements translate into a more predictable investment environment, lower operating uncertainty and better planning conditions for businesses.
He told investors that Ghana offers political stability, democratic maturity, strategic geographical access and a government committed to transparency and an investor-friendly business environment.
“Ghana is open for business,” he said.
Richard Aniagyei, ISD
