The Chief Executive Officer (CEO) of the Minerals Income Investment Fund (MIIF), Justina Nelson, has hinted at a collaboration between Ghana and Zambia to optimise their respective mineral resources for the benefit of present and future generations.
She stated that the two mineral-rich nations could also learn from each other’s experiences, share technical expertise, and explore co-investment opportunities in areas of mutual interest within the mineral value chain as they look forward to re-writing the narrative about the continent’s fledgling mining sector.
Mrs Nelson made the observation when MIIF hosted the High Commissioner of Zambia to Ghana, Daniel Mahongo, and a delegation in a familiarisation visit aimed at strengthening bilateral cooperation between the two countries.
Welcoming the delegation, the MIIF’s CEO described the visit as a significant step towards deepening collaboration between Ghana and Zambia, two mineral-rich nations committed to transforming natural resource wealth into sustainable, long-term prosperity.
Mrs Nelson stated that MIIF, Ghana’s sovereign wealth fund for mineral revenues, remained focused on maximising value from the country’s mineral portfolio, including gold, lithium, manganese, diamonds, and emerging critical minerals, through strategic investment, value addition, local content development and intergenerational wealth creation.
She highlighted Zambia’s leadership in the copper and cobalt sectors, and emphasised the mutual opportunities for learning, investment and partnership across both countries’ mineral ecosystems.
Presentation
During the meeting, MIIF, in two elaborate presentations, shared insights into its governance structure, investment philosophy and risk management frameworks, while the Zambian delegation outlined its priorities in export diversification, investment promotion and economic transformation.
Both sides identified key areas for collaboration, including joint investments, technical cooperation, beneficiation strategies and the development of Africa’s emerging 24-hour mining economy.
Consequently, MIIF proposed the establishment of a Joint Technical Working Group to advance the commitments.
Mrs Nelson expressed appreciation to the delegation for the productive engagement and expressed confidence that the visit marked the beginning of a strong and enduring partnership that would deliver measurable benefits to both countries.
Collaboration
Mr Mahongo, for his part, expressed gratitude to MIIF for the warm reception and opportunity to engage.
He reaffirmed Zambia’s commitment to leverage its mineral wealth for development, industrialisation and diversification, highlighting ongoing reforms in state participation, licensing, artisanal small-scale mining (ASM) formalisation, and innovative investment vehicles.
He emphasised Zambia’s interest in learning from MIIF’s governance and portfolio strategies to enhance responsible and sustainable mineral income management.
The High Commissioner used the opportunity to outline Zambia’s openness to regional cooperation through Memorandum of Understanding (MoU), joint initiatives and engaging the private sector in downstream mining, processing and royalty-backed investments.
Mr Mahongo expressed confidence that stronger collaboration would support Zambia’s reform agenda, promote sustainable growth and turn its mineral resources into long-term national prosperity.
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