• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Uncategorized

EU, Member States Inject Over €800m Into Ghana’s Infrastructure Development

3 months ago
in Uncategorized
2 min read
0 0
0
21
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

EU, Member States Inject Over €800m Into Ghana’s Infrastructure Development

The European Union (EU) and its member states, under the Global Gateway initiative, have committed more than €800 million, approximately GH¢13 billion, to major infrastructure projects across Ghana’s energy, health, and transport sectors, the EU Ambassador to Ghana, Mr. Irchad Razaaly, has announced.

The investment includes €55 million to support local vaccine production, €62 million for retrofitting the Kpong Dam, and a projected €370 million earmarked for developing smart and sustainable cities in northern Ghana.

The Global Gateway combines hundreds of infrastructure projects with investments in regular standards, technology transfer, and know-how while enhancing the economic completeness of partner countries, like Ghana.

It is implemented by the collective firepower of the Team Europe mobilizing all EU institutions, Member States, their Development Financial Institutions, the European Investment Bank (EIB), the EBRD and the European private sector.

Mr Razaaly said the EU and Member States had significantly increased investments in major infrastructure, and it continued to collaborate with Ghana in building smart, sustainable cities with equal access to energy, clean water, and sanitation.

The Ambassador, speaking at this year’s Europe Day Reception in Accra, reaffirmed the EU’s commitment to deepening its partnership with Ghana in areas of mutual interest, including trade, security, climate resilience, and youth empowerment.

RelatedPosts

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

Africa Private Investment Nearly Doubles to $3bn on Mega Deals

Kumasi High Court Dismisses Compensation Suit by 500 Former AngloGold Ashanti Workers

He said, “The EU remains a credible, reliable and dependable partner to Ghana. In these turbulent times, it is ever more important to collaborate with like-minded friends and allies. We are here to stay.”

The annual Europe Day celebration is a vibrant gathering of the Diplomatic Corps, government dignitaries, private sector leaders, civil society actors, and media professionals – all united in a festive atmosphere to honour the enduring partnership between the European Union and Ghana.

Set against a backdrop of culture, diplomacy, and collaboration, the event served as a testament to the shared values, mutual respect, and strong ties that continue to bind the EU and Ghana in their journey toward sustainable development and global cooperation.

This year’s edition held special significance commemorating the 75th anniversary of the Schuman Declaration (1950), which marks the origin of the European Union.

The Ambassador said, “I am proud to say, without hesitation, that the EU-Ghana partnership is stronger than ever. Ghana remains a preferred partner to the European Union, and our collaboration continues to deepen. These are not just hollow words, but a commitment grounded in hard facts.”

Amb. Razaaly stated that from 2021 to 2027, Team Europe would invest almost €1 billion, equivalent to GH₵16 billion in infrastructure investment in Ghana.

In peace and security, he said, the EU had become a critical partner to Ghana with the delivery of military equipment totaling €50 million with targeted training for Ghana’s military and civilian security forces.

The EU Amb said, “Together with our Member States, the EU supports over 30 security-related projects in Ghana, from conflict prevention to border management, from a continuous maritime security presence, to countering disinformation.”

Also, in the field of education, training, and knowledge building, Mr Razaaly acknowledged that “we believe in Ghana, we believe in the youth of this country. That is why we have passed a Pact for Skills with Ghana, in the field of Technical and Vocational Training.”

He said every year, the EU and its Member States welcome 1000 Ghanaian students and professionals through scholarships.

Mr George Opare-Addo, the Minister for Youth Development and Empowerment, said the partnership with the EU had been pivotal to Ghana, anchored in shared values of peace, prosperity, and people-centred development.

“Together, we advance priorities from education to youth development and infrastructure, ensuring no one is left behind,” he stated.

Source: GNA
Via: norvanreports
Tags: EUGhana’s Infrastructure DevelopmentMember States Inject Over €800m Into Ghana’s Infrastructure Development

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

FIFA Imposes Transfer Ban on Hearts of Oak Over $150,000 Hiddink Debt

AGI Presses GRA to Curb Illicit Imports as Cedi Appreciation Fuels Influx of Goods

Degas Ltd Pledges $100m to Position Ghana as Africa’s First AI-driven Agriculture Hub

Gold Fields Boosts H1 2025 Earnings, Eyes Reinvestment in Tarkwa as Damang Transition Looms

President Mahama’s High-Stakes Gamble: Is Ghana Giving Away Too Much to Foreign Investors?

Ghana, Côte d’Ivoire to see Limited Gains From Higher Cocoa Prices – Fitch Solutions

Trending

Features

Lithium Price Surge to be Short-Lived, Analysts Say

August 22, 2025

Lithium Price Surge to be Short-Lived, Analysts Say Lithium prices surged this week on concerns about supply...

Gold Fields Targets 20% of Global Output from Tarkwa Mine by 2026

August 22, 2025

Records Shattered at Inaugural Expanded FIFA Club World Cup in the USA

August 22, 2025

FIFA Imposes Transfer Ban on Hearts of Oak Over $150,000 Hiddink Debt

August 22, 2025

AGI Presses GRA to Curb Illicit Imports as Cedi Appreciation Fuels Influx of Goods

August 22, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.