Ghana committed to mineral value addition — Pres Mahama to investors
PRESIDENT John Dramani Mahama has declared that Ghana is determined to become participants in mineral value addition and manufacturing.
That, he said, informed the country’s bold decision to ban the export of raw mineral ore.
“We invite global investors to partner with us, not just in extraction, but in value creation.
“These partnerships will generate jobs, transfer skills, expand foreign-exchange earnings, and strategically position Africa within the geopolitics of critical minerals, metals, and rare earths. Global capital does not chase isolated projects. It invests in platforms,” President Mahama emphasised.
He made the declaration at the launch of the Global Africa Investment Summit in Dubai on Tuesday.
The Summit was on the theme “mobilising global capital for Africa’s next growth chapter.”
According to President Mahama, the Summit offers a well-structured, scalable investment platforms across minerals, energy, infrastructure, trade, and logistics.
Ghana, President Mahama said, is endowed with the mineral resources to form the backbone of a robust investment proposition.
“Gold is Ghana’s single largest asset. We are Africa’s largest producer and among the top 10 globally, with annual production exceeding five million ounces.
“With the right asset structuring frameworks, gold alone can generate several billion dollars annually to support Ghana’s growth, Ghana’s infrastructure, and our industrialisation.
“Ghana is also the world’s fourth largest producer of manganese, a strategic mineral for steel production and electric vehicle batteries. Our bauxite reserves position us to play a central role in global and lenient value chains,” the President enumerated.
The resource-rich Africa, he said, already has the assets and is now building the architecture that enables those assets to speak the language of global capital.
“This shift from aid and debt dependence to asset-driven growth will enable African economies to attract long-term capital without unsustainable increases in public debt. It will also anchor our development in ownership, productivity, and resilience,” the President noted.
He identified the conversion of Africa’s sovereign assets into credible, investable portfolios with clear revenue themes, bankable structures, and long-term returns that support the prosperity of its people as one of the ways to be block the continent’s potentials.
Stating that institutional investors seek stability, scale and predictability, he said the continent can offer all three if assets are appropriately valued, structured, and properly governed.
“And so, together, let us reset the narrative, mobilise global capital, and unlock Africa’s vast potential for Africa and the world,” he rallied.
BY JULIUS YAO PETETSI
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