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GeneralHeadlinesPolitics

Ghana, UAE to deepen energy cooperation, explore oil storage and renewable transition

President Mahama and UAE President agree on deeper energy and investment cooperation.

Risa Wyettey Cofie By Risa Wyettey Cofie Published May 7, 2026
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John Dramani Mahama and His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, have agreed to strengthen strategic energy cooperation, with both leaders proposing UAE investment in oil and gas storage infrastructure in Ghana.

The discussions took place on Wednesday on the sidelines of the “Make it in the Emirates 2026” summit held at the Abu Dhabi National Exhibition Centre.

A key outcome of the meeting was the shared interest in expanding Ghana’s energy infrastructure, particularly through potential UAE-backed investment in petroleum storage facilities aimed at improving supply security and efficiency.

Beyond fossil fuels, both leaders also explored broader energy diversification strategies. They discussed accelerating Ghana’s transition towards Liquefied Natural Gas (LNG) and solar energy as part of efforts to reduce over-reliance on crude oil and strengthen long-term energy sustainability.

The two leaders also reviewed wider bilateral cooperation, focusing on trade, investment, renewable energy, innovation, technology, and artificial intelligence as key pillars for future collaboration.

In addition to energy and economic discussions, the meeting touched on global geopolitical developments, particularly the ongoing conflict in the Middle East. Both leaders acknowledged the UAE’s complex position as a regional buffer and expressed hope for a swift resolution to tensions involving the United States and Iran. They noted that restoring peace would allow greater global focus on sustainable development and innovation.

The UAE President described Ghana as a “peaceful partner” and a “secure, stable democracy,” highlighting its potential as a reliable destination for investment and long-term partnership.

Both sides reaffirmed the historical ties between Ghana and the UAE and expressed optimism that renewed cooperation would translate into tangible gains in trade, investment, and sustainable energy development for both countries.

Source: Starrfm.com.gh

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TAGGED:ENERGYInternational Relationsoil and gasrenewable energyUAE
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By Risa Wyettey Cofie
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Risa Wyettey Cofie is passionate about discovering and telling stories, inspiring growth, building sought-after personal brands, and impacting lives. She’s an Author, a Digital Journalist, a Personal Brand Manager, and a Social Impact Advocate. She’s also a Web Content Manager at EIB Network; and the Founder of Star Your Brand, Today’s Youth Africa, Damsels on Fire Tour and Ghana Needs Peace Campaign.
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