Ghana moves to realise Nkrumah's vision with new Aluminium Industry Committee
The Ministry of Lands and Natural Resources has taken steps towards realising a long-held national ambition by inaugurating a special committee to select investors for two landmark projects in Ghana’s industrial sector.
The Investor Selection Committee was officially inaugurated today by the Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah, at a ceremony at the Ministry.
The committee is tasked with a critical mandate: to lead the process of identifying strategic partners for the modernisation of the Volta Aluminium Company (VALCO) and the development of Ghana’s first-ever alumina refinery.
This initiative is central to the government's plan of building a fully integrated aluminium industry within the country—a vision first articulated by Ghana's first President, Dr Kwame Nkrumah.
“This vision for an integrated aluminium industry was first championed by Dr. Kwame Nkrumah.
Today, we are building upon it through GIADEC’s leadership and the Ministry’s oversight,” Minister Buah stated during the ceremony.
The development of an alumina refinery is a pivotal missing link in Ghana's aluminium value chain.
It would enable the country to process its own bauxite into alumina, which is then smelted into aluminium at VALCO, thereby capturing full economic value from its natural resources.
The formation of this committee marks a concrete move by the government to transition these strategic projects from planning to implementation, potentially unlocking significant investment and industrial growth for Ghana.
Source: Classfmonline.com/Cecil Mensah
Trending Business

Blue Gold secures $140 million to restart Bogoso and Prestea Mines; signals willingness to end legal dispute with Ghana
09:48
GRA unveils new initiatives to boost tax revenue
08:52
Ghana reaffirms commitment to transparent business climate at Ghana–Germany Business Roundtable
13:42
Ghana’s inflation drops to 8.0% in October, lowest in over a year
12:44
KGL boss speaks on Public-Private Partnership at University of Ghana
12:27
Ghana moves to realise Nkrumah's vision with new Aluminium Industry Committee
14:02
BoG sets June 2026 deadline for DCS providers to regularise operations
11:54
Gov't begins aggressive review of ECG revenue contracts
12:15
Rainbow Agro Science Supports 41st National Farmers’ Day Celebration
10:54
BoG announces new FX operations framework to aid 'transparency, market confidence, macroeconomic stability'
12:03


