BusinessGeneral News

UAE’s $1B Investment Fuels Ghana’s Vision for a Continental Tech Leadership Hub

The Ministry of Communication, Digital Technology, and Innovations (MoCDTI) has signed a Memorandum of Understanding (MoU) today (29-05-25) with the Dubai Ports, Customs and Free Zone Corporation (PCFC) and Presight AI to establish the Ghana-UAE Innovation and Technology Hub.

The hub aims to position Ghana as a continental leader in digital transformation and technological advancement, creating a platform for investment, innovation and job creation.

The partnership is expected to drive economic growth, build export capacity in advanced technologies, and strengthen diplomatic ties between Ghana and the United Arab Emirates.

Speaking at the signing ceremony, Hon. Minister for Communication, Digital Technology, and Innovations, Sam George emphasised the importance of digital transformation in Ghana’s development agenda.

“This initiative reflects the vision of our President to diversify our economy and ensure innovation becomes a primary engine of inclusive, sustainable development,” he said.

The Ghana-UAE Innovation and Technology Hub is expected to create thousands of high-value, technology-driven jobs for Ghana’s young population and build export capacity in advanced technologies and value-added services.

This partnership marks a significant milestone in Ghana’s digital transformation journey, and stakeholders are optimistic about the potential benefits for the country’s economy and technological advancement.

H. E. Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World and the Chairman of PCFC in a short remark emphasised that true wealth lies in innovative ideas, adding, “this project we are launching is about empowering people to dream, create and bring ideas to Life”.

Related posts

IMF Reports Ghana’s $3B Loan Program on Schedule, No Extension Planned

quasi

Kusaug Traditional Council Backs Asantehene’s Mediation in Bawku Conflict

nanakofi

Probe into CJ Torkornoo Kicks Off with May 15 Hearings

quasi

Illegal Miners Ousted from Offin Shelter Belt, Ashanti Regional Minister Confirms to Otumfuo

quasi

Acting NPA boss forges collaboration with Chamber of Bulk Oil Distributors

admin

Tiwaa Addo-Danquah Among 31 Named in IGP’s POMAB Reshuffle

quasi

Leave a Comment