- Ghana and China sign a $30 million grant to build a university in Damongo, boosting the country’s educational infrastructure.
- The project aims to enhance skills training, higher education, and job creation for a future-ready workforce.
- The initiative strengthens decades-long Ghana-China cooperation in development and trade.
Ghana and China have signed a $30 million grant agreement to construct a new university in Damongo, aimed at enhancing higher education, skill development, and employment opportunities in the region. The agreement was finalized during a meeting between Ghana’s Finance Minister, Dr. Cassiel Ato Forson, and outgoing Chinese Ambassador H.E. Tong Defa.
Dr. Forson thanked Ambassador Tong on behalf of President John Dramani Mahama and the people of Ghana for his contributions to strengthening bilateral relations. He noted that the grant is part of broader Chinese support to Ghana, including funding for a multipurpose market in Aflao, and reaffirmed the long-standing ties between the two countries dating back to the era of President Kwame Nkrumah and Chairman Mao.
The Finance Minister emphasized the importance of deepening economic and educational cooperation, suggesting discussions on settling trade in local currencies to reduce exchange losses. He highlighted that policy-level engagement with the Bank of Ghana would follow to explore these initiatives.
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Ambassador Tong expressed gratitude for Ghana’s cooperation during his tenure and praised the tangible outcomes achieved in development projects. He commended Ghana’s improving economic performance and expressed pride in the state of Ghana-China relations, particularly in the education and skills development sectors.
The new university in Damongo is expected to become a hub for higher education, skill training, and research, creating jobs and contributing to Ghana’s long-term economic growth while reinforcing the country’s partnership with China in development and trade.
