On Wednesday, 8th January, 2023, at the ongoing Investing in African Mining Indaba in Cape Town, South Africa, the Government of Ghana held a Ghana Day event, under the theme “Leveraging a Century of Mining to Enhance Value Addition for the Development of Ghana.”
The purpose of this event was to make a pitch for increased investment in the Ghanaian mining industry.
In his opening address, the sector minister, Samuel Abu Jinapor highlighted some investment opportunities across the entire value chain, from upstream exploration, to mining, refining and downstream production.
He urged investors to consider Ghana for mining investment, particularly, having regard to our stable democracy, vibrant economy and respect for the rule of law and individual rights and liberties.
This was followed by investment pitches by various entities such as the Ghana Integrated Aluminium Development Corporation (GIADEC), the Ghana Integrated Iron and Steel Development Corporation (GIISDEC), and the Minerals Income Investment Fund (MIIF).
Later, at the Intergovernmental Summit organized by the organizers of the Conference, the minister spoke to investors from various parts of the world on opportunities for investment in Ghana.
Mr. Abu Jinapor particularly emphasised the commitment of the Government of President Akufo-Addo to retain the full value chain of the mining industry in Ghana through beatification and value addition.
He again called on the investor community to take advantage of the African Continental Free Trade Area (AfCFTA), with its Secretariat hosted in Accra, and use Ghana as the launch pad to reach the rest of the continent.
Finally, at the in invitation of the Government of the Commonwealth of Australia, he spoke to Australian investors and other investors with interest in Australia on the Ghanaian mining industry and opportunities for investment.
The minister recounted the common history and values shared by Australia and Ghana, including good and accountable governance, democratic institutions, rule of law, and respect for the sanctity of contracts.
He assured them of Government’s commitment to work with them for the effective and efficient exploitation, management and utilisation of our mineral resources for our collective benefit.
On the sidelines of Conference, Mr. Samuel Jinapor also held fruitful engagements with officials of Azumah Resources on their operations in Ghana, as well as Rand Refinery, the only London Bullion Market Association (LBMA) Good Delivery accredited refiner in Africa, on our plans to secure LBMA Certification to refine our gold in Ghana.
“Our quest to make Ghana the mining hub of Africa requires that we continuously engage investors to invest across the value chain of the mining industry, from exploitation to downstream production”.
“Under the distinguished leadership of President Akufo-Addo, we will continue to engage, and create the enabling environment for increased investment in the mining industry of our country” he added.
Source:Mybrytfmonline.com
