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President Mahama Opens 2026 Mining Sector Local Content Summit, Calls for Value Addition and Indigenous Ownership

Ghanapoliticsonline.com by Ghanapoliticsonline.com
February 18, 2026
in Featured, General News
Reading Time: 2 mins read
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John Dramani Mahama has officially opened the 2026 Mining Sector Local Content Summit in Takoradi, underscoring what he described as the transformative potential of Ghana’s mineral wealth and the urgent need to translate natural resources into sustainable national prosperity.

Addressing industry leaders, traditional authorities, policymakers, and international partners, President Mahama emphasized that Ghana must move beyond the export of raw ore and chart a bold course toward local beneficiation, downstream processing, and world-class industrial development.

“The era of simply exporting our raw minerals must give way to an era of value creation, innovation, and Ghanaian ownership,” the President declared, drawing applause from participants gathered in the Western Region’s oil and mining hub.

Five Strategic Pillars

President Mahama outlined five strategic pillars to advance local content and reposition the mining sector as a driver of inclusive economic growth:

  1. Transforming Local Procurement into Transformational Partnerships
    He called for a shift from short-term supply contracts to long-term partnerships that empower local businesses, build capacity, and promote technology transfer.
  2. Promoting Refineries and Industrial Clusters
    The President stressed the importance of establishing refineries, mineral processing plants, and industrial clusters to ensure value-added processing takes place within Ghana’s borders.
  3. Developing a Skilled, Tech-Savvy Workforce
    Highlighting the role of education and innovation, he underscored the need to train a highly skilled workforce capable of leveraging modern technologies in exploration, extraction, and processing.
  4. Driving Digital, Sustainable, and Innovation-Driven Mining
    Mahama urged mining companies to embrace digital transformation, environmental sustainability, and cutting-edge solutions to enhance productivity while protecting host communities.
  5. Encouraging Indigenous Ghanaian Ownership
    He advocated stronger participation of indigenous Ghanaian firms and investors in major mining projects to ensure that profits and expertise remain within the country.

A Shared National Pact

President Mahama stressed that Ghana’s greatest export should ultimately be its “talent, technology, and enterprise,” rather than unprocessed mineral resources. He called for a renewed national pact between government, industry players, and investors to strengthen local content policies and ensure mining communities directly benefit from sector growth.

He further assured stakeholders of the government’s commitment to regulatory reforms and investment-friendly policies that promote transparency, competitiveness, and sustainable development.

The 2026 Mining Sector Local Content Summit is expected to produce actionable frameworks aimed at deepening Ghanaian participation in the mining value chain and positioning the country as a regional leader in responsible and value-driven mineral development.

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