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Ghana Investment Promotion Centre Launches Investment Opportunity Mapping Project

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  Story by,  Mizpa Ampem Darko The Ghana Investment Promotion Centre (GIPC), led by CEO Simon Madjie, has launched the Investment Opportunity Mapping Project (IOMP), a comprehensive initiative aimed at documenting investment prospects across all 261 districts of Ghana. The project is being undertaken in collaboration with key stakeholders, including the Ministry of Trade, Agribusiness and Industry, the Ghana Export Promotion Authority, and other partners. - *Identifying and documenting investment prospects*: Across all districts in Ghana, to promote inclusive development and reduce concentration of investment in urban centers. - *Promoting inclusive development*: By highlighting investment opportunities in various regions, to foster equitable distribution of foreign direct investment. - *Mobilizing local and foreign investment*: Providing opportunities for Ghanaians with financial resources to invest in the country. *Core Pillars of the Project* The IOMP is rooted in several c...

Ghana Gold Board Enforces New Licensing Regime for Gold Trading

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                                                      Post views: 453 Story by Paul Mensah Nsor  The Ghana Gold Board (GoldBod) has announced the enforcement of its new licensing regime for gold trading in Ghana, effective immediately.  According to CEO Sammy Gyamfi, the regime aims to streamline and structure gold trading to optimize national benefits from the entire value chain of gold resources.¹  The Ghana Gold Board Act, 2025 (Act 1140), passed by Parliament on March 29, 2025, and assented to by the President on April 2, 2025, revokes all previous licenses issued by the Precious Minerals Marketing Company (PMMC) and the Ministry of Lands and Natural Resources. All individuals and companies engaged in gold trading must obtain a new license from the Ghana Gold Board. The deadline for applying was June 21, 2025, and the Board will not ex...

GOVERNMENT RECLAIMS ASENAYO FOREST RESERVE FROM ILLEGAL MINERS

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In ongoing efforts to clamp down on illegal mining activities and protect Ghana’s forest reserves and water bodies, the government has achieved another significant milestone with the successful reclamation of the Asenayo Forest Reserve.  This feat has once again been achieved through coordinated operations led by the Forestry Commission and Security agencies, under the auspices of the Ministry of Lands and Natural Resources. This marks the eighth out of nine high-priority "red-zoned" reserves restored from armed illegal miners, reinforcing the state’s zero-tolerance stance on galamsey. The announcement was made by the Chief Executive Officer of the Forestry Commission, Dr. Hugh Brown, during a just-ended inter-agency retreat organised by the Ministry of Lands and Natural Resources, hailing it as a testament to the effectiveness of interagency collaboration.  The Asenayo reserve, previously overrun by destructive mining operations, has now been fully secured and placed under s...