UAE to develop first economic zone in Ghana

The UAE and Ghana have signed a landmark agreement to establish the first economic zone and digital incubator in Accra. 

The partnership between the Ports, Customs and Free Zone Corporation (PCFC) and Ghana's government aims to accelerate the country’s transformation into a "regional technology powerhouse, attracting investment into West Africa".

Under the agreement, a 25 sqkm in Accra will be allocated to PCFC for the development of the economic zone. PCFC will lead the zone’s operations and attract global technology firms, facilitating investment and business expansion. It also includes joint efforts to establish digital infrastructure and property development within the zone.

Sultan Ahmed bin Sulayem, Chairman of PCFC, affirmed its commitment to supporting the UAE’s global outreach and sharing Dubai’s pioneering experience in innovation and economic development. "This smart economic zone, combining innovation, technology, and logistics, will foster commercial growth and strengthen Ghana’s industrial and technological infrastructure," he added.

Samuel Nartey George, Ghana’s Minister for Communication, Digital Technology and Innovation, stated that the partnership will significantly bolster Ghana’s economic position, transforming it into a regional technology hub in Africa. “The zone will play a pivotal role in attracting global businesses and talent, positioning Accra as a destination of choice on the international stage," he added.

Dedicated teams from both countries specialising in AI and investment will manage the zone, fostering innovation, business growth and regional connectivity. The collaboration aims to empower local communities, traders, and investors, driving inclusive and sustainable economic progress across the continent.