Ghana Promotes Mining Sector to Global Investors at UNFF21
Ghana seeks to establish itself as Africa's top mining investment hub, emphasizing its vast mineral resources and investor-friendly policies. The government aims to diversify its economy and attract over $20 billion in investments to transform the mining sector and encourage local participation.
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At the UNFF21 in New York on May 12, 2026, Ghana's Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, promoted the country's mining potential to global investors. Ghana has attracted over $20 billion in investments in the mining sector over the past two decades, hosting major firms like Newmont and AngloGold Ashanti.
The government is implementing reforms, including the removal of the 15% VAT on exploration activities and the abolition of the 1% COVID-19 levy, aimed at improving the investment climate. Ghana remains Africa's leading gold producer and is actively diversifying into lithium, iron ore, and bauxite.
The country is committed to ethical mining practices and aims to enhance local value addition through domestic refineries. Ghana's strategic advantages include hosting the African Continental Free Trade Area Secretariat, providing access to a market of over 1.3 billion people.
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