- EU and its member states commit over €800 million (GH¢13 billion) to Ghana under the Global Gateway initiative
- Ambassador Razaaly reaffirms EU’s long-term commitment to trade, security, youth empowerment, and climate resilience
- From 2021–2027, Team Europe will invest nearly €1 billion in Ghana’s infrastructure
The European Union (EU) and its member states, through the Global Gateway initiative, have pledged more than €800 million (approximately GH¢13 billion) toward key infrastructure developments in Ghana’s energy, health, and transportation sectors, EU Ambassador to Ghana, Mr. Irchad Razaaly, has revealed.
This significant investment includes:
- €55 million to boost local vaccine manufacturing
- €62 million for the retrofitting of the Kpong Hydroelectric Dam
- €370 million projected for the development of smart, sustainable cities in northern Ghana
Global Gateway is a broad initiative aimed at delivering high-standard, sustainable infrastructure, while also fostering technology transfer, regulatory alignment, and economic resilience in partner countries like Ghana. It is supported by “Team Europe”—a collective effort involving EU institutions, member states, their development finance institutions, the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and private sector actors.
Speaking at the 2025 Europe Day celebration in Accra, Ambassador Razaaly reiterated the EU’s long-term commitment to Ghana in areas such as trade, climate resilience, security, and youth empowerment.
“The EU remains a trusted and steadfast partner to Ghana. In these challenging global times, partnerships with reliable allies are more crucial than ever. We are here to stay,” he said.
Europe Day, an annual event, brings together diplomats, government officials, business leaders, civil society, and the media in a celebration of EU-Ghana relations. This year’s occasion also marked the 75th anniversary of the Schuman Declaration, which laid the foundation for the European Union.
Ambassador Razaaly emphasized that from 2021 to 2027, Team Europe will invest nearly €1 billion (about GH¢16 billion) in infrastructure in Ghana. On the security front, the EU has delivered €50 million worth of military equipment and is supporting over 30 security-related projects, ranging from maritime security and border management to disinformation countermeasures.
In education and skills development, the Ambassador noted the EU’s commitment to Ghana’s youth through initiatives like the “Pact for Skills” in technical and vocational training. Each year, around 1,000 Ghanaian students and professionals benefit from EU scholarships.
Ghana’s Minister for Youth Development and Empowerment, George Opare-Addo, lauded the EU partnership as central to Ghana’s development goals.
“This partnership is grounded in shared values—peace, prosperity, and inclusive development. Together, we are ensuring that no one is left behind,” he stated.
