Ghana Seeks Economic Transformation: President Mahama Calls for Value Addition in Mining

Ghana's President Mahama addresses the Mining in Motion Summit, highlighting the need for a shift from extractive industries to value-added processing. Speaking at the summit in Accra, Ghana, President Mahama stated, "Africa is rich in natural resources, yet we remain one of the poorest continents globally." He stressed that Ghana, as a leading gold producer, must move beyond exporting raw materials and invest in downstream industries to create jobs and boost the economy. He called for increased Ghanaian participation in the sector, stating, "We must integrate mining into the broader economic framework, linking it to manufacturing, energy, and research." The president's speech underscores the need for economic diversification and resilience in Africa, and his call for increased local investment and partnerships offers a positive outlook for future development.