Ghana Sets Standard for Africa with Sustainable Minerals Strategy

Aug 9, 2023 | Business, News | 0 comments

Ghana has taken a momentous step toward harnessing its natural resources for national development by approving a new “green minerals” policy governing the production of lithium. This farsighted strategy can catalyse sustainable growth and serve as a model across Africa for managing our resource wealth responsibly.

By establishing clear guidelines and requirements for environmentally and socially responsible mining, Ghana is proactively shaping how lithium extraction occurs. The policy enshrines impact assessments, community consultation, and measures to distribute economic benefits locally.  

This policy affirms Ghana’s mineral sovereignty while opening opportunities to thrive in high-demand industries like electric vehicle batteries. Handled strategically, lithium and other critical minerals can help drive broad-based advancement through job creation, infrastructure upgrading, technology transfers and diversified manufacturing.

For too long, Africa’s immense resource endowments have been plundered by foreign interests with little regard for local welfare. Ghana is charting a new course, demonstrating how mineral assets can instead empower a nation when wisely stewarded. Strict local content rules, processing requirements and pro-Africa partnerships will be key.

With unity and assertive negotiation, let Ghana pave the way for the continent’s overdue mineral-fueled industrialisation. What possibilities will open when Africa’s resources fuel Africa’s development? Ghana’s policy is a major leap forward, providing a model to emulate. With vision and vigilance, our nations can build prosperity by tapping our vast mineral riches sustainably.