Ghana Update
Business NewsNews

Ghana Inks Deal with UAE to Build Cutting-Edge Innovation and Technology 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

Market Leadership at Kantamanto Rejects Claims of Mishandling Funds Post-Fire

nkwitty

Ghana’s Betting Tax: Truly Abolished or Just a Drafting Mistake?

nkwitty

ENI welcomes govt withdrawal of unitisation, commits to increasing investment

nkwitty

Analysts See Hope Despite Bank of Ghana’s GH¢9.49bn 2024 Loss

nkwitty

African Development Bank Partners with Interpol to Combat Financial Crime and Strengthen Anti-Corruption Efforts in Africa

nkwitty

NAPO Shows Solidarity With Adum Fire Victims at Burnt Market

nkwitty

Leave a Comment