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May 16, 2026
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We must review and renegotiate all mining contracts – Kofi Bentil
Money
Policy
Opportunity
Growth
Key Points
- Kofi Bentil of IMANI Africa calls for a comprehensive review and renegotiation of all mining contracts in Ghana.
- He argues that Ghana now possesses stronger bargaining power than when many of the original agreements were signed.
- Bentil highlights past failures in establishing local gold refining capacity due to structural and human resource challenges.
- He advocates for practical collaboration, structured partnerships, and group-based efforts across the mining value chain, moving away from isolated initiatives.
- He cautions against emotional resource nationalism, urging a gradual, strategic approach focused on better contracts and value chain collaboration.
Why This Matters
This matters for Ghana as it directly impacts the country's economic sovereignty and potential for increased national revenue from its mineral resources. Successful renegotiation and the establishment of local value addition through refining and strategic partnerships could significantly boost industrial growth, create jobs, and ensure a greater share of wealth remains within the country, rather than relying solely on raw material exports.
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