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General News of Thursday, 29 May 2025

    

Source: www.ghanawebbers.com

Ghana sets benchmark for sustainable mining in West Africa – Lands Minister

Ghana’s Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah, has declared Ghana a leader in sustainable mining. He positioned the country as a model for responsible resource development in West Africa.

At the 18th West Africa Mining and Power Exhibition and Conference (WAMPEX 2025), he spoke at the Accra International Conference Centre. The Minister highlighted Ghana’s strong performance in four key areas: investor confidence, environmental stewardship, community impact, and transparent governance. “Ghana is not just a mining destination,” he stated. “We show that responsible investment can lead to transformative development.”

A Model for Responsible Investment

Hon. Armah-Kofi Buah addressed regional industry leaders and international stakeholders. He praised Ghana’s evolving extractive landscape, supported by progressive policies and sustainability commitments.

He noted that Ghana attracted about $1.2 billion in foreign direct investment in mining during 2024. This success is due to the country's investor-friendly climate, stable democracy, and skilled workforce. “Our doors are open, our policies are clear,” he affirmed, urging neighboring countries to adopt similar strategies.

From CSR to Shared Value

The Minister emphasized a shift from traditional corporate social responsibility to shared value creation. Over 100 mining communities benefit directly from the Minerals Development Fund.

“WAMPEX 2025 should be remembered as the moment we turned promise into practice,” he said. He called it a time when sustainable deals were made and partnerships formed that would change West Africa’s mining future.

Industry Leaders Call for Bold Action

Michael Edem Akafia Esq., Chairman of the Conference and President of the Ghana Chamber of Mines, described WAMPEX 2025 as “timely and critical.” He urged participants to respond decisively to the continent's sustainable development agenda.

He called for greater alignment within the industry to maximize socio-economic benefits for citizens across the region.

Driving Sustainable Investment Opportunities

Mr. Ahmed Dasana Nantogmah, CEO of the Ghana Chamber of Mines, delivered the welcome address. He highlighted this year’s theme: “The Mining and Power Hub: Driving Sustainable Investment Opportunities in West Africa.”

He noted that this theme serves as a rallying call for both sectors amid global economic pressures. It aims to position them as catalysts for regional economic transformation.

WAMPEX 2025: A Continental Platform for Progress

Currently ongoing in Accra, WAMPEX 2025 serves as an international forum for government leaders and investors from West Africa. Participants explore innovations, debate sector challenges, and build partnerships that promote sustainable growth in mining and power sectors.