The Global Gateway Initiative, a collective formed by EU member states, has committed to investing over 13 billion Ghana Cedis, which is approximately 800 million Euros, in health, energy, and transport infrastructure projects across Ghana. Mr. Irchad Razaaly, the EU ambassador to Ghana, announced this investment at this year’s Europe Day Reception in Accra.
The Ambassador stated that the EU further plans to invest 16 billion Ghana Cedis, which is approximately 1 billion Euros, into Ghanaian infrastructure between 2021 and 2027. The investment will include delivery of military equipment totaling €50 million, €55 million towards local vaccine production, €62 million towards retrofitting the Kpong Dam, and €370 million towards development of smart and sustainable cities in northern Ghana.
The Ambassador also reaffirmed its commitment to its partnership with Ghana in areas like trade, security, climate resilience, and youth empowerment, stating that 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 Pact for Skills with Ghana, in the field of Technical and Vocational Training, and the EU and its Member States welcome 1000 Ghanaian students and professionals through scholarships was also announced at the Europe Day Reception in Accra.
Mr George Opare-Addo, the Minister for Youth Development and Empowerment, who was also in attendance at the event, stated that the partnership with the EU had been pivotal to Ghana, anchored in shared values of peace, prosperity, and people-centred development.
