Zambia Engages Ghana's MIIF for Sovereign Wealth Fund Insights
Zambia's government delegation visited Ghana's Minerals Income Investment Fund (MIIF) to learn about effective mineral wealth management. The collaboration aims to enhance Zambia's mineral governance and drive economic transformation through strategic investments.
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A 12-member delegation from Zambia, led by Mwaka Mukubesa, Permanent Secretary for Budget at the Ministry of Finance and National Planning, visited the Minerals Income Investment Fund (MIIF) in Ghana. This visit is part of ongoing efforts to strengthen bilateral ties and improve Zambia's management of mineral resources.
MIIF, operational since 2020, maximizes the long-term value of Ghana's mineral royalties through strategic investments. Zambia aims to increase copper production to three million tonnes annually and establish the Zambia Minerals Investment Corporation. The delegation focused on MIIF’s investment strategies and governance, particularly its transition from direct national budget deposits to sovereign fund management.
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