Ghana has intensified efforts to attract investment from the United Arab Emirates into its downstream petroleum sector particularly in oil and gas storage infrastructure as part of measures to strengthen energy security in West Africa.
President John Dramani Mahama held talks with UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday to explore opportunities for cooperation in the energy sector including potential UAE investment in Ghana’s petroleum storage facilities.
The discussions were held on the sidelines of the Make it in the Emirates 2026 at the Abu Dhabi National Exhibition Centre.
Both leaders also exchanged views on the ongoing tensions in the Middle East and acknowledged the UAE’s strategic role in maintaining regional stability.
They expressed optimism that a resolution to tensions involving the United States and Iran would help restore global focus on sustainable development innovation and economic cooperation.
Beyond crude oil the discussions highlighted the importance of diversifying energy sources with emphasis on expanding investments in liquefied natural gas and solar power as part of efforts to build a more resilient energy sector.
The meeting further explored ways to strengthen bilateral relations through increased cooperation in trade investment renewable energy technology innovation and artificial intelligence.
President Sheikh Mohamed bin Zayed described Ghana as a peaceful stable and reliable democratic partner and noted that both countries stand to benefit from stronger economic and energy collaboration.
The two leaders concluded the meeting with a renewed commitment to deepening cooperation and advancing sustainable investment opportunities that will support long term development in both nations.