{"id":66232,"date":"2024-02-06T18:52:52","date_gmt":"2024-02-06T18:52:52","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=66232"},"modified":"2024-02-06T16:32:06","modified_gmt":"2024-02-06T16:32:06","slug":"make-investments-attractive-while-insisting-on-value-addition","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/make-investments-attractive-while-insisting-on-value-addition","title":{"rendered":"Make investments attractive while insisting on value addition"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>The Minister for Lands and Natural Resources, Samuel Abu Jinapor, has urged African countries to make investment opportunities attractive for investors while insisting on the importance of value addition for the growth of their country\u2019s mineral infrastructure.<\/b><\/p>\n

He stressed the need to move away from the \u201cdig and ship\u201d approach and highlighted two essential pillars to help achieve that: first, he said, is insisting on value addition, and local participation and, two, is ensuring that states and governments provide the necessary infrastructure and environment, including cadastre and other facilitated systems, for investors to operate, optimize, and maximize benefits shared equitably.<\/p>\n

The Minister emphasized, \u201cYou cannot achieve value addition or participate at the highest end of the value chain if the government doesn\u2019t establish a proper, investor-friendly environment. It\u2019s crucial, and governments must prioritize this.\u201d<\/p>\n

The Minister was contributing to a Ministerial Symposium panel discussion on the topic: \u2018Pushing Africa into a new investment era with solutions to the continent\u2019s greatest challenges\u2019 at the ongoing African Mining Indaba Conference in Cape Town, South Africa, on Sunday, February 4.<\/p>\n

He added that fundamental elements, such as a solid and consistent rail system, reliable infrastructure, and power systems, must be in place to attract private entities effectively.<\/p>\n

Using Ghana as a case study, he explained that governments should have a policy framework where both the state and investors play their roles.<\/p>\n

For instance, in the context of bauxite, Ghana is working towards building an integrated aluminum industry, with a policy framework supervised by President Nana Addo Dankwa Akufo-Addo to exploit and manage resources effectively.<\/p>\n

The Minister highlighted Ghana\u2019s efforts to strike a balance between value addition and indigenous participation, on one hand, and the importance of a mutually satisfactory arrangement for all parties involved, on the other hand.<\/p>\n

He acknowledged the challenge some African countries face with changing government policies but stressed the need for sustainable policies in the continent\u2019s best interest.<\/p>\n

Addressing private sector participation and investment in Ghana, the Minister mentioned the successful establishment of an automobile industry, attributing it to a sensible policy framework that aligns with the primary goal of private sector investments \u2013 making a profit.<\/p>\n

He advocated for synchronizing policy frameworks across Africa to universally promote value addition.<\/p>\n

The Minister referred to the African Mining Vision as a guiding principle and cited the joint effort of Ghana and Cote d\u2019Ivoire in structuring a common market pricing on cocoa as a positive example of African collaboration for growth.<\/p>\n

Mr. Jinapor and the other panelists in the end agreed that the new perspective on mining sector investment in Africa should be envisioning a shift from the \u201crich Africa with poor Africans\u201d model to one resulting in \u201crich Africans from rich Africa,\u201d catalyzed by mining.<\/p>\n

The Ministerial Symposium is a high-level, invite-only policy roundtable, that brings together Mining Ministers to develop and discuss a shared vision for Africa\u2019s future sustainable mining and mineral value supply chains.<\/p>\n

The Symposium aims to strengthen collaboration between government, investors, and the private sector in order to improve bilateral relationships across the continent.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. The Minister for Lands and Natural Resources, Samuel Abu Jinapor, has urged African countries to make investment opportunities attractive for investors while insisting on the importance of value addition for the growth of their country\u2019s mineral infrastructure. He stressed the need to move away from the \u201cdig and ship\u201d approach and highlighted […]<\/p>\n","protected":false},"author":84,"featured_media":66230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[5092,5096,429],"class_list":["post-66232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nMake investments attractive while insisting on value addition - Ghana<\/title>\n<meta name=\"description\" content=\"The Minister for Lands and Natural Resources, Samuel Abu Jinapor, has urged African countries to make investment oppo ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/make-investments-attractive-while-insisting-on-value-addition\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Make investments attractive while insisting on value addition\" \/>\n<meta property=\"og:description\" content=\"The Minister for Lands and Natural Resources, Samuel Abu Jinapor, has urged African countries to make investment oppo ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/make-investments-attractive-while-insisting-on-value-addition\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-06T18:52:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/02\/sm_1707224330.329309.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/make-investments-attractive-while-insisting-on-value-addition#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/make-investments-attractive-while-insisting-on-value-addition\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Make investments attractive while insisting on value addition\",\"datePublished\":\"2024-02-06T18:52:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/make-investments-attractive-while-insisting-on-value-addition\"},\"wordCount\":534,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/make-investments-attractive-while-insisting-on-value-addition#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/02\/sm_1707224330.329309.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/make-investments-attractive-while-insisting-on-value-addition#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/make-investments-attractive-while-insisting-on-value-addition\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/make-investments-attractive-while-insisting-on-value-addition\",\"name\":\"Make investments attractive while insisting on value addition - 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