Ghana IntelBrief
Back to Latest Briefings
Ghana cannot exploit mineral wealth alone without foreign investment — Ken Ashigbey
May 26, 2026
AI-Enhanced

Ghana cannot exploit mineral wealth alone without foreign investment — Ken Ashigbey

Money
Policy
Opportunity
Growth

Key Points

  • Ghana's Chamber of Mines CEO, Ken Ashigbey, asserts that Ghana cannot solely rely on local capacity to fully exploit its vast mineral resources.
  • He stresses the essential role of foreign investment and expertise to unlock the sector's full potential, citing immense untapped gold reserves.
  • Ashigbey argues that the scale of Ghana's mineral deposits is too large for domestic actors alone, making external partnerships unavoidable.
  • These remarks were made during a high-level policy dialogue on rethinking Ghana's approach to mining amidst debates over nationalization.
  • The article notes Ghana's long history in gold and oil, and its increasing focus on critical minerals like lithium for the global energy transition.

Why This Matters

This article is highly significant for Ghana as it addresses a fundamental policy tension between resource sovereignty and the practical necessity of foreign investment for economic development. The approach Ghana adopts will critically determine its ability to effectively unlock the immense value of its mineral wealth, attract necessary capital and technology, and position itself strategically within the global energy transition for sustained growth.

Read Full Article

View original source

Related Articles

Fort Hood shooter’s execution by firing squad will be livestreamed, Pentagon says

October 8, 2026

Fort Hood shooter’s execution by firing squad will be livestreamed, Pentagon says
  • Former US Army major Nidal Hasan is scheduled for execution by firing squad on December 3rd for the 2009 Fort Hood shooting.
  • The execution, approved by President Trump and recommended by the Defence Secretary, will be livestreamed and made public.
  • Hasan fatally shot 13 unarmed US soldiers, claiming he was protecting Muslims and the Taliban.
  • This marks the first US military execution in over 60 years and the first by firing squad since World War Two.
  • Defence Secretary Pete Hegseth stated the public viewing is to emphasize serious consequences for such actions.
Read full briefing

NACOC, INL deepen cooperation to combat drug trafficking and organised crime

October 8, 2026

NACOC, INL deepen cooperation to combat drug trafficking and organised crime
  • The United States and Ghana are enhancing cooperation to combat drug trafficking and organised crime.
  • A US Department of State delegation, led by Andrew McDonald, met with Ghana's Narcotics Control Commission (NACOC) in Accra.
  • The meeting focused on strengthening collaboration in intelligence sharing, capacity building, specialised training, and logistical support.
  • NACOC Director-General requested increased training opportunities for officers in intelligence, investigations, and prosecution.
  • The US reaffirmed its commitment to providing specialised training and logistical assistance to boost NACOC's operational capacity.
Read full briefing

Telecel Ghana unveils Project X with Black Sherif partnership

October 8, 2026

Telecel Ghana unveils Project X with Black Sherif partnership
  • Telecel Ghana has launched 'Project X' in partnership with Ghanaian music star Black Sherif.
  • The initiative aims to engage young people and promote the Telecel Cash mobile money platform.
  • Black Sherif will deliver monthly surprises, including special codes, free transactions, gifts, and rewards, via his social media platforms.
  • Telecel Ghana's CEO, Ing. Patricia Obo-Nai, emphasized the security of Telecel Cash, assuring customers their funds are protected.
  • Project X seeks to deepen customer engagement and encourage greater use of the Telecel Cash wallet and Telecel Play app.
Read full briefing