Ghana is poised to become the leading oil and gas hub in Africa, surpassing the Canary Islands. The Petroleum Hub Development Corporation (PHDC) has unveiled an ambitious port project in Las Palmas, aiming to generate a business worth 1.5 billion euros and employ 780,000 people. This project is part of the Ghanaian government’s efforts to establish the country as a major petroleum hub, leveraging its strategic location and proximity to major markets and resources.
The project is expected to transform Ghana’s economy through export tax of about $1.56 billion by 2030, increase GDP by about 70%, and create jobs in excess of 780,000 .This will not only boost Ghana’s economy but also establish it as a major player in the global energy market.
The ties between the Canary Islands port sector and the Ghanaian energy industry have been strengthened, creating a bridge for growth and international cooperation,” according to sources from the organization.
The event, which was coordinated by Canary Consulting & Trading, attracted Canarian companies such as Astican, Bluematt (Acosta Ingeniería Marítima), Zamakona Yards, Finanzauto, Canarship, Boluda Suárez, Pérez y Cía. Group, San Roque University Hospitals, AGP, Finnova and elittora. It was also an opportunity to exchange ideas with Ghanaian representatives, such as Charles Owusu, CEO of PHDC, and Steven-Blessing Ackah, CEO of AGP.
Below are some highlights of the meeting
