George Mireku Duker( Second from right)
Africa needs a stable legal and regulatory frameworks in order not to deter investors in the extractive sector, the Deputy Minister of Lands and Natural Resources, George Mireku Duker has said.
Duker says African governments must help build the capacities of citizens to take advantage of Local Content policies in the sector.
Speaking at the ongoing maiden Egypt Mining Forum, Duker said governments must be conscious of value addition and take advantage of continental frameworks such as AfCFTA.
The two-day seminar scheduled for July 18th to 19th 2023 seeks to provide a platform for policymakers and stakeholders to deliberate on creating strategies for the mining industry to make noteworthy contributions to various economies.
Contributing to a panel discussion on how African countries can rake in enough benefits from their resources, Duker emphasized the need for major mineral producers on the continent to come together and deliberate on how to price their commodities.
“As established on the African Continental Free Trade Area, I believe as a continent we have to work together to deepen our relationship adding that in doing so we must also recognize that not less than 30% of our natural resources as far as our continent is concerned”, he said.
George Mireku Duker added that in 2021, Ghana produced not less than 22.2% of total gold produced in the world.
