In a recent Global Platform video produced by Oxford Business Group, titled 'Driving ESG in Ghana's Mining Industry,' Edward Koranteng, CEO of Minerals Income Investment Fund (MIIF), sheds light on the critical steps being taken to enhance Ghana's position as a significant player in the global mining sector.

Ghana, renowned as Africa's primary gold producer, stands on the brink of fully utilising the potential of its abundant mineral resources. Despite its impressive gold production, Ghana has yet to fully harness the benefits compared to countries with similar mining output. The government is taking strategic steps to invest in the development of the mining sector, focusing on the extraction of various minerals while simultaneously strengthening ESG practices within the industry. This commitment encompasses environmental sustainability, community engagement, and ethical governance, with a vision to establish a benchmark for responsible mining practices that align with international standards.

The trajectory of Ghana's mining sector involves two essential strategies. Firstly, it revolves around the exploration and development of diverse minerals, including salt and lithium, which possess substantial growth potential. These investments are not only aimed at expanding the country's mineral production but also at promoting sustainable resource management and responsible mining practices.

Edward Koranteng envisions a future where Ghana's mining sector thrives and flourishes, upholding ESG principles and contributing to the nation's growth and transformation. He stated that these initiatives aim to position Ghana as a regional hub for responsible mining investments within Africa, making it an attractive destination for sustainable resource development.

“Ghana's commitment to ESG principles not only enhances its own mining sector but also sets a positive example for the broader African mining community, fostering a culture of responsible mining practices that align with international standards. In this way, the mining industry becomes a catalyst for Ghana's advancement and a model for responsible resource development across the continent."

Marc-André de Blois, OBG's Director of Video Content, emphasised the importance of inclusive and equitable growth, ethical governance, and environmental sustainability.

“Our commitment extends across the far-reaching landscapes of emerging markets, underscoring our holistic approach to fostering sustainable growth and progress for regions that are in dire need.”

The video interview with Edward Koranteng offers valuable insights into how Ghana's mining sector is evolving to unlock its full potential and foster responsible mining practices. It exemplifies the collective commitment of government and industry leaders to ensure a more sustainable and prosperous future for Ghana's mining industry.

“Driving ESG in Ghana's Mining Industry” is now available to view at: https://oxfordbusinessgroup.com/videos/global-platform/driving-esg-in-ghanas-mining-industry/  

About Global Platform

Global Platform is Oxford Business Group’s on-demand digital broadcasting channel. One of several research tools in OBG’s portfolio, the online platform has carved a niche as a leading business intelligence provider in its own right, with data verified independently by Deloitte. Global Platform provides cutting edge video interviews with top-level decision-makers giving key analysis and the latest updates from across all sectors of the global business community. 

About Oxford Business Group

Oxford Business Group (OBG) is a global research and advisory company with a presence in over 30 countries, spanning Africa, the Middle East, Asia, and the Americas. It is recognised internationally as a distinctive and respected provider of on-the-ground intelligence on world’s fastest-growing markets, termed The Yellow Slice, in reference to OBG’s corporate colour.

Through its range of products - Economic News and Views; OBG CEO Surveys; OBG Events and Conferences; Global Platform, which hosts exclusive video interviews; and The Report publications – as well as its Advisory division, OBG offers comprehensive and accurate analysis of macroeconomic and sector-level developments for sound investment opportunities and business decisions.

OBG provides business intelligence to its subscribers through multiple platforms, including its direct subscribers, Dow Jones Factiva subscribers, the Bloomberg Professional Services subscribers, Refinitiv’s (previously Thomson Reuters) Eikon subscribers, and more.

For more information, please contact:

Marc-André de Blois

Director of PR and Video Content, Oxford Business Group

E-mail: mdeblois@oxfordbusinessgroup.com

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