Hot SourcePresident John Dramani Mahama has secured a package of new agreements with Japan covering infrastructure, agriculture, technology and industrialisation, following his participation in the Ninth Tokyo International Conference on African Development (TICAD-9) in Yokohama from August 20 to 22, 2025.
The Minister of Foreign Affairs and Regional Integration, Samuel Okudzeto Ablakwa, confirmed the outcomes in a statement issued on Sunday.
He described them as tangible gains that reinforce Ghana’s place in global economic relations.
According to Ablakwa, the following agreements were secured:
- Infrastructure: Revival of the Volivo–Dorfor Adidome Bridge project across the Volta River, with both governments committing to provide the required additional funding.
- Urban Transport: The Kumasi Inner-City Ring Road Project to commence shortly.
- Automotive Industry: A new agreement with Toyota to expand operations in Ghana and make the country its West African hub.
- Space Science: A space cooperation agreement signed with Japan to leverage satellite technology and space science for Ghana’s development.
- Youth Training: A programme to train 300,000 Ghanaian youth in artificial intelligence, modern agriculture, biotechnology, green transition, and tech start-ups.
- Food Security: Special cooperation with Japan to boost rice production through scientific research, with the goal of attaining national food security.
- Agriculture Financing: US$100 million secured to support new agricultural projects.
- Industrialisation: A strategic partnership with Japan as the country considers investing US$1.5 billion in Africa, with Ghana identified as a main beneficiary.
- President Mahama, who co-chaired two plenary sessions at TICAD-9, used the platform to outline his vision for Ghana’s economic transformation.
He also invited Japanese investors to take advantage of Ghana’s improving macroeconomic indicators and stable business environment.
Source: graphiconline
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