Ghana IntelBrief
Back to Latest Briefings
Government seeks investors to restore VALCO’s lost production capacity
July 30, 2026
AI-Enhanced

Government seeks investors to restore VALCO’s lost production capacity

Money
Policy
Opportunity
Growth

Key Points

  • Ghana's government is actively seeking strategic investors to restore the operations of the Volta Aluminium Company (VALCO).
  • VALCO has suffered years of financial and operational difficulties, leading to production far below its installed capacity (90 out of 500 reduction cells operational).
  • The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, emphasized the need for new investment, technology, and expertise to modernize and revitalize the company.
  • Buah clarified that the government's objective is solely to revive VALCO as a viable national asset, not to sell it.
  • A stronger VALCO is anticipated to contribute significantly to job creation, local value addition to mineral resources, strengthen manufacturing, and improve industrial competitiveness.

Why This Matters

The potential revival of VALCO is critical for Ghana's industrialization agenda, as the company is a cornerstone of the country's aluminium sector. Success in attracting strategic investors will not only restore a vital national asset, creating jobs and boosting local value addition, but also signal Ghana's commitment to industrial growth and its attractiveness for foreign direct investment in key sectors.

Read Full Article

View original source

Related Articles

‘Huge and heavily-laden’ SHS prospectus burdens parents, time to review – Dafeamekpor

September 16, 2026

‘Huge and heavily-laden’ SHS prospectus burdens parents, time to review – Dafeamekpor
  • MP Rockson-Nelson Dafeamekpor has called for a review of the Senior High School (SHS) prospectus.
  • He described the list of required items for new students as "huge and heavily laden."
  • The MP questioned the necessity of all items for incoming SHS students.
  • Dafeamekpor highlighted the significant financial burden this extensive list places on parents.
  • He noted that MPs often bear this financial burden annually, as parents seek assistance.
Read full briefing

MAB International Hospital’s Akuamah-Boateng wins 10th anniversary Forty Under 40 Ghana Award

September 16, 2026

MAB International Hospital’s Akuamah-Boateng wins 10th anniversary Forty Under 40 Ghana Award
  • Opare Akuamah-Boateng, CEO of MAB International Hospital, was a winner at the 10th Forty Under 40 Ghana Awards for his leadership.
  • The annual awards celebrate young Ghanaian professionals and business leaders under 40 across diverse sectors.
  • The 10th anniversary ceremony in Accra recognized 44 individuals and presented 16 honorary awards.
  • The Forty Under 40 initiative has expanded to Africa and globally, with over 600 alumni and plans for ISO certification and a franchise model.
  • Speakers encouraged awardees to embrace technology, innovation, and entrepreneurship to address national development challenges.
Read full briefing

Shea Employers Association calls for partial restriction on raw shea exports

September 14, 2026

Shea Employers Association calls for partial restriction on raw shea exports
  • The Ghana Shea Employers Association welcomes the government's proposed restriction on raw shea nut exports.
  • The association advocates for a partial restriction (20-30% export) instead of a complete ban on raw shea nuts.
  • This partial restriction aims to ensure sufficient raw materials for local processors while allowing exporters to retain international market presence.
  • A complete ban is cautioned against, as local processors might lack the capacity to absorb all raw shea nuts produced.
  • The association emphasizes that continued large-scale raw exports threaten local processing businesses and the livelihoods of women dependent on the industry.
Read full briefing