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UK delegation in Accra to explore investment opportunities in mining sector

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A delegation from the United Kingdom is in Accra to explore investment opportunities in the mining sector, especially in areas of value addition to mineral resources, and the reclamation of degraded mined areas in Ghana.

This will be in partnership with the government and the business community.

The UK Prime Minister’s Trade Envoy to Ghana and Guinea, Adam Afriyie announced this when he paid a courtesy call on the Minister of Lands and Natural Resources, Kwaku Asumah-Cheremeh.

He said Ghana has rich natural resources and the UK, is uniquely positioned to support it, to utilise them through investments and technological transfer to propel the country’s industrial transformation, which would inure to the benefit of Ghanaians.

The Minister of Lands and Natural Resources, Kwaku Asumah-Cheremeh for his part, emphasized Government’s vision and commitment, to embrace Foreign Direct Investments through partnerships with the local businesses.

He said the ban on illegal small-scale mining was done to ensure sanity in the mining industry, and thus, encouraged potential investors in the sector to come on board, adding that the Government had instituted measures to vet licensed small-scale miners and regularise their activities.

The British High Commissioner to Ghana, Ian Walker said the UK had spent about two billion pounds on health and education related initiatives in Ghana, and would now like to move towards investments that would engender economic growth and create jobs.

He said the UK shared common ambitions and values with Ghana, therefore, Britain would support the nation in areas of technology transfer and sharing of expertise to accelerate economic growth.

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