The United Kingdom and Ghana are deepening a modern growth partnership focused on trade, investment and innovation, reflecting the evolution of a long-standing relationship into one centred on shared prosperity, jobs and economic opportunity. 

Senior UK and Ghanaian officials met last week for the Ghana-UK Trade Partnership Agreement (TPA) Committee, taking stock of progress since the agreement entered into force five years ago and agreeing on practical steps to help businesses make the most of it.

The Committee agreed on action to progress implementation, increase bilateral trade, and support economic growth. 

This momentum is being reinforced by two new initiatives that show how the partnership is moving from commitment to action.

Ci-Gaba, Ghana's first pension-backed fund of funds, will mobilise long-term domestic capital alongside international investment to expand finance for Ghanaian SMEs, helping local savings back local businesses and jobs.

Ci-Gaba received a catalytic grant from the UK Foreign, Commonwealth, and Development Office (FCDO) via the RISA Fund. This first major grant enabled design, structuring, operational setup, and critical ecosystem strengthening. 

Separately, NeoFinGo, a UK-Ghana initiative developed by Overseas Development Institute (ODI Global) in partnership with Ghana's 24-Hour Economy Authority, the Bank of Ghana and the AfCFTA Secretariat, will modernise cross-border trade finance.

It aims to reduce delays and improve access to finance, particularly for exporters, strengthening Ghana's role as a gateway to regional markets. 

British High Commissioner, Dr Christian Rogg, said, “The TPA showcases the UK and Ghana working side-by-side to remove practical barriers to trade and to help businesses take advantage of the trade opportunities our agreement provides.

"Alongside new initiatives to unlock long-term finance for businesses, SMEs and exporters, these initiatives represent a further step in building a modern growth partnership that supports jobs 

Together, these steps reflect the UK government's commitment to grow the economy and support sustainable prosperity at home and internationally.