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HomeMiningGhana Unveils Major Mining Sector Reforms to Become Africa’s Top Investment Hub

Ghana Unveils Major Mining Sector Reforms to Become Africa’s Top Investment Hub

The Government of Ghana has launched far-reaching reforms in the mining sector aimed at positioning the country as the most competitive and attractive mining destination on the African continent.

The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, said the reforms form part of a broader national transformation drive that is reshaping key state institutions, with mining identified as a strategic priority.

Speaking at the 2026 Mining Indaba Conference in South Africa, the Minister explained that the reset agenda is focused on updating Ghana’s mining laws and policies, embracing modern technologies, and streamlining regulatory processes to make the country more investor-friendly.

He attributed the reforms to the vision of President John Dramani Mahama, describing the administration’s approach as a deliberate effort to ensure Ghana remains competitive in a fast-evolving global mining industry.

According to the Minister, the government is creating an enabling environment that balances efficiency for investors with strong governance systems, noting that Ghana offers a stable political climate and a predictable regulatory framework that guarantees investor confidence.

He assured potential investors that Ghana’s legal regime provides robust safeguards, including stability agreements, respect for contract sanctity, protection against retroactive policy changes, and accrued rights.

Mr. Buah further highlighted incentives such as tax exemptions on selected imported mining equipment, adding that the fiscal framework is designed to support mining projects while ensuring the state secures fair revenue for national development.

He revealed that the recent abolition of taxes on mineral exploration reflects the government’s commitment to lowering entry barriers and encouraging new investment into the sector.

Despite the incentives, the Minister stressed that Ghana is seeking partnerships that go beyond capital inflows, insisting that future investments must deliver shared benefits.

He said the government is interested in ethical and innovative partners who are committed to long-term value creation, sustainable development, and the transformation of host communities.

“Mining must not only be about extraction but about building an entire ecosystem that creates prosperity for investors, local communities, and the nation as a whole,” he noted.

Mr. Buah concluded by urging global investors to see Ghana as a trusted destination where political stability, regulatory certainty, and mutually beneficial partnerships offer a strong foundation for long-term success in the mining industry.

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