Ghana Will Build $1 Billion Innovation Hub Funded By PCFC
Ghana has signed a $1 billion deal with the United Arab Emirates to build an innovation hub in Accra. The hub, which will span 25 square kilometers in Ningo Prampram, Greater Accra, is fully funded by the Ports, Customs, and Free Zone Corporation (PCFC), as stated by Impact News.
Ghana will provide the land, while PCFC will bring the capital, technology, and global partnerships. Construction is scheduled to begin in 2026 and is expected to be completed by the end of 2027.
Transforming Ghana into Africa’s next artificial intelligence nerve centre
Ghana’s Minister of Communication, Digital Technology, and Innovation, Sam George, stated that the initiative aligns with President Mahama’s vision of transforming Ghana into Africa’s next artificial intelligence hub through the “One Million Coders” program.
The program, launched last month, aims to empower Ghanaian youth with coding skills for the future while helping to reduce the digital divide.
“As you train a million coders, you need to have jobs for these coders, and that is where PCFC comes in,” George said. “Having the innovation hub built in Ghana, PCFC will come along with the over 11,000 companies that are under their umbrella in the UAE to have a Ghanaian presence.”
PCFC building Africa’s first innovation hub
PCFC played a significant role in Dubai’s digital transformation and operates more than 11 innovation hubs in collaboration with global tech giants, including Microsoft, Oracle, and IBM.
The facility will attract all the big tech companies in Ghana. So our Business Process Outsourcing, Knowledge Process Outsourcing, AI Engineering, and all the new emerging technology fields will be positioned here in Africa,” George said.
Mr. Sultan Ahmed Bin Sulayem, Group Chairman of PCFC, reaffirmed PCFC’s long-term commitment to Ghana, promising that the partnership would boost technological capacity and create thousands of jobs.
Image: aboodi vesakaran
