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AfricaGeneralHeadlinesInternational

Future alliances must add value to Africa’s resources, not just extract them – Mahama

President Mahama urges global partners to focus on value addition and resource sovereignty in Africa, highlighting Ghana’s Goldbod initiative as a model.

Hamdia Mohammed By Hamdia Mohammed Published February 3, 2026
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President John Dramani Mahama has called for a new approach to Africa’s natural resources, urging global partners to support value addition rather than raw material extraction.

Speaking at the World Governments Summit 2026, President Mahama said future alliances must empower African countries to retain greater control over their resources.

“New alliances with Africa must aim at adding value to Africa’s natural resources,” he said.

“They must aim at granting Africa greater sovereignty and control of its natural resources. That is why in Ghana we have established the Goldbod that has yielded more than $10 billion in less than a year,” President Mahama added.

“Our medium to long term goal is to process and add value to our mineral ores and agricultural products; gold, manganese, bauxite, lithium, petroleum, cocoa, oil palm, cashew, fruits, soya, cassava and other raw materials,” he continued.

He cited Ghana’s establishment of Goldbod as a practical step toward resource sovereignty, noting that the initiative has generated more than $10 billion in less than a year.

President Mahama added that Ghana’s long-term vision includes processing minerals and agricultural products locally to drive industrialisation, job creation and sustainable growth.

Source: Starrfm.com.gh

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TAGGED:AfricaDubai 2026MahamaresourcesValueWorld Government Summit
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