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Ghana eyes foreign investment amid efforts to curb illegal mining

Republic Online by Republic Online
February 21, 2025
in General, Lead story, Local News, Review, Top Stories
Ghana eyes foreign investment amid efforts to curb illegal mining
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The Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah, met with representatives from Innovative Food Stakeholders, a U.S.-based investment group, to discuss opportunities in Ghana’s land, forestry, agriculture, and mining sectors.

The meeting, held in Accra, aimed to promote Ghana as a prime investment destination despite challenges such as illegal mining. Minister Armah-Kofi Buah emphasized the country’s stable democracy, strong governance framework, and vast natural resources, which position it as an attractive location for investors.

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“The government remains committed to addressing challenges in the mining and land sectors while creating a conducive environment for investors,” the Minister stated. He underscored the country’s focus on value addition, ensuring that Ghana maximizes the benefits of its rich natural resources.

H.E. John Dramani Mahama’s administration has introduced measures to curb illegal mining, commonly known as “galamsey,” which has long hindered the sector’s progress. The Minister expressed confidence that these interventions would help sustain investor confidence and boost economic growth.

Dong Theesling, leader of the Innovative Food Stakeholders team, welcomed the government’s investment drive and expressed interest in potential collaborations. Areas of focus include land reclamation of degraded landscapes, agricultural production, and responsible mining initiatives.

Tags: Food StakeholdersHon. Emmanuel Armah-Kofi BuahIllegal MiningMinister for Lands and Natural Resources

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