Learn How To Make Money From Home Using Your Smartphone In 2025
By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AfricaNews360AfricaNews360
  • Politics
    PoliticsShow More
    Ugandan opposition leader Bobi Wine leaves the country after two months of hiding
    March 14, 2026
    Ghanaian Court annuls 2024 Parliamentary Election over irregularities
    November 24, 2025
    The future is African – Ghana President declares at UN Assembly
    September 26, 2025
    Burkina Faso to ‘street honour’ late Ghanaian President Jerry John Rawlings
    May 19, 2025
    Burkina Faso honours late president Thomas Sankara with memorial park
    May 19, 2025
  • Business
    BusinessShow More
    South Africa’s Ramaphosa meets World Bank chief to advance new five-year partnership
    June 7, 2026
    Ghana targets major Economic Policy shift
    May 1, 2026
    President Donald Trump, left, and Chinese President Xi Jinping, right, pose for photo before their US-China summit at Gimhae international airport in Busan, South Korea, on October 30, 2025 [Mark Schiefelbein/AP Photo]
    Trump says China’s Xi Jinping agreed to accelerate purchases of US goods
    November 26, 2025
    Ghana, Dalian deepen bilateral ties to boost education, culture and trade
    November 13, 2025
    Ghana secures additional $28m grant from China for infrastructure projects
    October 17, 2025
  • Showbiz
    ShowbizShow More
    Davido releases ’10 Kilo’ Music Video
    August 13, 2025
    Nigerian Star Davido’s Foundation supports 500 orphanages in annual Charity drive
    February 13, 2025
    Nigerian president Tinubu celebrates Nollywood icon Nkem Owoh ‘Osuofia’ at 70
    February 8, 2025
    Burkina Faso’s Bissa music sensation Eunice Goula drops new Banger ‘Mariage’
    September 25, 2024
    Kenya’s president hosts national music festival
    August 16, 2024
  • Sports
    SportsShow More
    Ghana name 26-man squad for 2026 World Cup on deadline day
    June 2, 2026
    Laryea Kingston- Uganda U17 Head Coach
    Uganda U17 coach Laryea Kingston: “This victory gives us belief and confidence going forward”
    May 15, 2026
    2026 World Cup: Can Ghana exorcised the ghost of recent tournaments failure?
    May 12, 2026
    CAA holds Executive Meeting ahead of 24th African Seniors Athletics Championship in Accra
    May 10, 2026
    Ghana’s Jamil Maraby outdoored as President of WAFU Zone B Marketing Committee
    May 9, 2026
  • Biographies
    BiographiesShow More
    Michael Gallup Bio, Age, Net Worth, Height, Parents, Siblings, Wife, Children
    July 25, 2024
  • Columns
    ColumnsShow More
    Ghana Government does not subsidize Hajj Pilgrims: Debunking the myth with facts
    March 7, 2025
    Full Speech: South African president’s address at first G20 Foreign Ministers’ meeting 2025
    February 22, 2025
    Ing. Abdullah Mohammed Billey: The Ghanaian road expert victimised for political reasons by the ousted Government
    February 3, 2025
    Ghana President Mahama’s speech at Africa Prosperity Dialogues 2025
    February 2, 2025
    An American opinion on the impending NDC Government structure
    December 17, 2024
  • Travel
    TravelShow More
    Ghana’s Tourism Minister commends Emirates at grand opening of Travel Store
    May 15, 2025
    Thousands of Ethiopian diaspora heed PM’s call to ‘come home’
    May 2, 2024
    Malawi and Ghana sign visa waiver agreement to enhance bilateral ties
    March 21, 2024
    Ghana signs visa waiver agreement with Bahamas
    February 22, 2024
    Malawi scrapes visa restrictions for 79 countries
    February 9, 2024
  • Editorial
    EditorialShow More
    FEATURE: Kigali City- A glittering jewel of Africa
    September 2, 2023
    All eyes on INEC as Nigeria decides
    February 26, 2023
    Feed Africa Summit: Continent Plans to Achieve Zero Hunger by 2030
    January 25, 2023
    Africa must speak with one voice at COP27
    November 8, 2022
    Nigerian headteacher sentenced to death after pupil’s murder
    July 28, 2022
  • World
    WorldShow More
    UK and Nigeria sign agreement to speed up deportation
    March 20, 2026
    Robert Prevost
    American prelate Robert Prevost elected New Pope
    May 9, 2025
    Rwanda cuts diplomatic ties with Belgium amid Congo conflict tensions
    March 17, 2025
    ICC issues arrest warrants for Israel’s Benjamin Netanyahu, Ibrahim Al-Masri
    November 21, 2024
    Voting underway in US as Donald Trump faces Kamala Harris for presidency
    November 5, 2024
Reading: Ghana, Portugal sign defence and economic pacts 
Share
Notification Show More
Latest News
South Africa’s Ramaphosa meets World Bank chief to advance new five-year partnership
June 7, 2026
Ghana name 26-man squad for 2026 World Cup on deadline day
June 2, 2026
Laryea Kingston- Uganda U17 Head Coach
Uganda U17 coach Laryea Kingston: “This victory gives us belief and confidence going forward”
May 15, 2026
2026 World Cup: Can Ghana exorcised the ghost of recent tournaments failure?
May 12, 2026
Family confirms Muslim cleric who preached for LGBTQ+ rights is seeking asylum in US
May 11, 2026
Aa
AfricaNews360AfricaNews360
Aa
  • Technology
  • Science
  • Education
  • Health
Search
  • Topics
    • Business
    • Columns
    • Gossip
    • News
    • Politics
    • Showbiz
    • Fashion
    • Climate
    • World
    • Videos
Have an existing account? Sign In
Follow US
AfricaNews360 > News > Ghana, Portugal sign defence and economic pacts 
NewsTop Stories

Ghana, Portugal sign defence and economic pacts 

Posted Africanews360 July 18, 2023 6 Min Read
Updated 2023/07/18 at 7:30 PM
SHARE

Ghana’s president Nana Addo Dankwa Akufo-Addo and his Portuguese counterpart, Marcelo Rebelo de Sousa, have signed bilateral instruments of co-operation in the areas of defence, political consultation and trade between the two countries.

This latest form of engagement, President Akufo-Addo said, would go a long way to strengthen the ties of friendship and the bonds of co-operation between Ghana and Portugal. 

Speaking at a Joint Press Conference with President Marcelo Rebelo De Sousa, as part of his 3-day State Visit to Portugal on Tuesday, 18th July 2023, in Lisbon, Portugal, the President stated that the move “is borne out of a decision by Ghana “to turn our back on our old economy, which has been dependent on the production and export of raw materials, and also dependent on aid.”

The Ghanaian leader said: “we want to build a value-added, industrialised economy with a modernised agriculture, which is neither victim nor pawn of the world economic order. We want our relations with Portugal and, indeed, the rest of the world, to be characterised by an increase in trade and investment co-operation.” 

RECOMMENDED FOR YOU  Ghana coach Otto Addo names 26-man squad for Nigeria, Uganda friendlies

He added that “this is the way to develop healthy relations between our two countries, and put Ghana at the high end of the value chain in the global market place, and create jobs for the teeming masses of Ghanaians, particularly the youth.”   

He pointed out that, the discussions also focused on boosting further political, cultural, people-to-people exchanges and cooperation at the multilateral level and on the need to promote a better world by addressing global issues relating to the attainment of the Sustainable Development Goals (SDGs).

Towards this end, “we have noted with satisfaction the value that the Ghana-Portugal Business Forum scheduled to be held tomorrow will add to our investment initiatives, he said.”

Akufo-Addo further disclosed that, the President of Portugal has also “resolved to give voice to Ghana’s cause and interests within the European Union. We, on the other hand, will also help to facilitate the provision of a platform for enhanced economic engagement between Portugal and the member countries of ECOWAS. This should boost the trade volumes, and help bring prosperity to our peoples.”

RECOMMENDED FOR YOU  French court jails ex-Liberian commander for life

On global security, he stated that, with President Joe Biden of the United States of America and President Emmanuel Macron of the French Republic calling publicly for reforms at the UN Security Council in line with the Ezulwini consensus, they look forward to the leaders of the three (3) other Permanent Members also throwing their support behind the reform process.

He assured President De Sousa that Ghana will “collaborate with Portugal to find solutions to challenges such as the eradication of widespread poverty, elimination of irregular migration, insecurity and human rights violations, terrorism and violent extremism, human and drug trafficking, piracy, as well as climate change and its attendant, negative impact on the environment and livelihoods.”

Lisbon City Council

At the Lisbon City Council, President Akufo-Addo was given the keys to the city of Lisbon by the Deputy Mayor, Filipe Anacoreta Correia.

In his address, the President stated that history holds ample lessons that shows “that a rich trading partner, operating within a fair, trading system, brings prosperity to both sides, far more than the exploitation of a poor partner.”

RECOMMENDED FOR YOU  Rwanda make U-turn on DR Congo refugees

It is for this reason, he continued, that “I have come to Lisbon to advocate for increased investment and trade between our two nations. Trade relations between Ghana and Portugal have evolved through history, and it is clear that a new paradigm has to be defined, which will be dependent on the structural transformation of the Ghanaian economy from a raw material producing and exporting economy, to a value-adding, industrialising economy.” 

He was confident that, “this will enable Ghana trade at the high end of the global value chain, dealing in products we make and grow. Out of this, a robust trading system between Portugal and Ghana will be created, which will generate mutual prosperity for the peoples of the two countries.” 

These observations, he stated, were based on the fact that, “we, in Africa, are agreed that we have to be self-reliant, and shed the image of beggars living on charity, aid and handouts, and make better and more intelligent use of our abundant natural resources, in order to pull ourselves out of poverty and attain prosperity.”

RSS EDITORS’ SUGGESTIONS

TAGGED: Ghana, Portugal
Africanews360 July 18, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article Moroccan King Mohammed VI congratulates Basketball Team on AfroCan victory
Next Article Kenya gov’t orders closure of schools over opposition’s upcoming protest
Leave a comment Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Latest on AfricaNews360

  • South Africa’s Ramaphosa meets World Bank chief to advance new five-year partnership
  • Ghana name 26-man squad for 2026 World Cup on deadline day
  • Uganda U17 coach Laryea Kingston: “This victory gives us belief and confidence going forward”
  • 2026 World Cup: Can Ghana exorcised the ghost of recent tournaments failure?
  • Family confirms Muslim cleric who preached for LGBTQ+ rights is seeking asylum in US

More recommendations for you

  • Ghana unlikely to play another friendly before World Cup opener, says Henry Asante Twum
  • Trust the coach and believe in our players – C.K. Akonnor urges Ghanaians
  • 2026 FIFA World Cup: C.K Akonnor urges Ghanaians to rally behind Black Stars
  • “I believe we have appointed an experienced coach” – CK Akonnor on Carlos Queiroz appointment
  • Caleb Yirenkyi Biography: Age, Height, Nationality, Ghanaian Parents and Transfers

You Might Also Like

BusinessTop Stories

South Africa’s Ramaphosa meets World Bank chief to advance new five-year partnership

June 7, 2026
SoccerTop Stories

Ghana name 26-man squad for 2026 World Cup on deadline day

June 2, 2026
SoccerTop Stories

2026 World Cup: Can Ghana exorcised the ghost of recent tournaments failure?

May 12, 2026
News

Family confirms Muslim cleric who preached for LGBTQ+ rights is seeking asylum in US

May 11, 2026
  • Bereavement
  • Debt Management
  • Finance
  • Job Creation
  • Small Business
  • Climate
  • Education
  • Fashion
  • Health
  • Rights
  • Science
  • Sanitation
  • Mobilisation
  • Secondary Education
  • Celebrity News
  • Tertiary Education
  • Culture
  • Security
  • Corruption
  • Creed
  • Athletics
  • Basketball
  • Boxing
  • Formula 1
  • Rugby
  • Soccer
  • Tennis
  • Minning
  • Gaming
  • Technology
AfricaNews360AfricaNews360
Follow US

© 2024 - AfricaNews360 | All rights reserved.

  • About
  • Advertise with us
  • Contact

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Register Lost your password?