Mining Other
Ghana and Zambia explore strategic partnership to transform Africa’s mining sector
The Chief Executive Officer of Ghana's Minerals Income Investment Fund (MIIF), Justina Nelson, has stated that Ghana and Zambia possess a strong opportunity to collaborate in optimizing their mineral resources. She believes this partnership would benefit both current and future generations of their citizens.
Nelson explained that the two mineral-rich nations can learn from each other's experiences, share technical expertise, and explore co-investment opportunities. This cooperation is seen as a way to reshape the narrative surrounding Africa’s mining sector and secure greater value from its natural resources.
She made these remarks while hosting the High Commissioner of Zambia to Ghana, Daniel Mahongo, and his delegation. The familiarisation visit was aimed at strengthening bilateral cooperation within Africa’s mineral value chain, marking a significant step towards a deeper partnership.
Welcoming the delegation, Nelson described MIIF as being focused on maximizing value from Ghana's mineral portfolio, which includes gold, lithium, and manganese. She outlined the fund's strategy, which involves strategic investment, value addition, and local content development to create intergenerational wealth.
During the meeting, MIIF shared insights into its governance and investment philosophy. In turn, the Zambian delegation outlined its own priorities, which include export diversification, investment promotion, and broader economic transformation.
Both parties identified key areas for potential collaboration, including joint investments and technical cooperation. To advance these commitments, MIIF proposed the establishment of a Joint Technical Working Group to formalize the partnership and drive progress.
Nelson expressed her appreciation for the productive engagement, noting that the visit marks the beginning of a strong and enduring partnership. She is confident that this relationship will deliver tangible benefits to both countries.
High Commissioner Mahongo thanked MIIF for its hospitality and affirmed Zambia's commitment to leveraging its mineral wealth for national development. He expressed a specific interest in learning from MIIF's governance model to enhance Zambia's own management of mineral income.