Dr Mahamudu Bawumia, the Vice President of Ghana co-chaired, with the UK Minister for Development and Africa, Rt Honourable Andrew Mitchell MP, the ninth UK-Ghana Business Council (UKGBC) meeting in Accra this morning.
Amongst others, Council members discussed the global climate finance architecture and welcomed Ghana’s commitment to unlock climate financing to support a pipeline of impactful climate activities in areas such as carbon finance blends, EVs, shipping and a hydrogen economy, and welcomed the UK’s announcement of the Green Cities and Infrastructure Technical Assistance Programme for Ghana.
The programme will focus on delivering climate finance, low-carbon, climate-resilient infrastructure, and support cities to become hubs of innovation while bolstering sustainable economic growth.
Since its inception in 2018, the UKGBC has made very significant progress, resulting in financing agreements for such key Ghanaian projects as Phase II of the Kumasi International Airport, expansion of the Tamale International Airport, Kejetia Phase III, and completion of the Bekwai Hospital.
At the end of today’s meeting, two Memoranda of Understanding – between the UK’s Society Motor Manufacturing and Traders’ Industry Forum and the Ministry of Trade’s Auto Development Centre agreeing to pursue skills, knowledge and technology transfer partnerships; and a Science, Technology and Innovation MoU to drive economic prosperity through science and technology, were signed.
Source:Mybrytfmonline.com/Kwabena Nyarko Abronoma
