Ghana engages Afreximbank to advance strategic minerals development

Business

Els: MBN360 News

The Minister for Lands and Natural Resources, Emmanuel Armah Buah, has held talks with African Export-Import Bank (Afreximbank) on financing and policy collaboration to develop the country’s minerals sector, the ministry said.

The discussions took place on the opening day of the 2026 Invest in Africa Mining Indaba and focused on advancing priority projects in gold, bauxite and iron ore, with an emphasis on mobilising long-term funding, supporting value addition and strengthening regional minerals supply chains.

Buah briefed Afreximbank officials on Ghana’s Responsible Cooperative Mining and Skills Development Programme (rCOMSDEP), a flagship initiative aimed at formalising artisanal and small-scale mining, improving traceability and promoting responsible gold production through shared processing infrastructure and access to finance.

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He also invited Afreximbank to support a proposed meeting of African ministers responsible for mining, an initiative intended to promote policy harmonisation, deepen continental coordination and create a more aligned regulatory and investment environment for Africa’s minerals sector.

The Afreximbank delegation was led by Senior Vice President Denys Denya and included Helen Brume, director and global head of business; Nana Addo Shepard Muridzi, senior special assistant to the senior vice president; and Nana Odei, senior manager for business development at Afrexinsure.

Ghana is seeking to expand domestic value addition in its minerals sector as part of a broader strategy to boost export earnings, formalize small-scale mining and strengthen its role in regional supply chains.