Ghana has invited the United Arab Emirates (UAE) to invest in its petroleum downstream sector, particularly in oil and gas storage facilities, to enhance petroleum product security in West Africa.
On Wednesday, President John Dramani Mahama of Ghana met with UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan to discuss energy cooperation, including the UAE’s potential investment in Ghana’s oil and gas storage infrastructure.
The talks took place on the sidelines of the “Make it in the Emirates 2026” summit at the Abu Dhabi National Exhibition Centre.
The two leaders also addressed the ongoing conflict in the Middle East, acknowledging the UAE’s delicate position as a regional buffer. Both expressed hope for a swift resolution to US-Iran hostilities, noting that restoring peace would allow the global community to refocus on sustainable development and innovation.
Beyond traditional fossil fuels, they emphasized the importance of diversifying energy portfolios. They explored alternative approaches to securing the energy sector, highlighting a transition to Liquefied Natural Gas (LNG) and solar power to reduce reliance on crude oil.
Discussions also centered on strengthening bilateral ties for the benefit of both nations, with a focus on trade, investment, renewable energy, innovation, technology, and artificial intelligence.
The meeting concluded with a reaffirmation of the deep historical ties between Ghana and the UAE. President Sheikh Mohamed bin Zayed described Ghana as a “peaceful partner” and a “secure, stable democracy,” highlighting significant opportunities for mutual growth.
Both leaders expressed optimism that their renewed partnership would yield tangible advancements in trade, investment, and sustainable energy, benefiting both nations for years to come.
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