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GIADEC established to ensure value-addition to Ghana’s bauxite – Pres
President Nana Addo Dankwa Akufo-Addo has explained that the Ghana Integrated Aluminium Development Corporation (GIADEC), was strategically established to add value to the country’s raw bauxite resources.
This he said was to do away with the export of raw bauxite from the country as well as help develop a complete value chain for the resource.
Nana Akufo-Addo disclosed this at the opening of a two-day Natural Resource Stakeholders’ Dialogue organised by the Graphic Communications Group Limited (GCGL) in collaboration with the Ministry of Lands and Natural Resources in Accra on Thursday.
The dialogue was on the theme: “Harnessing our Natural Resources Responsibly for our Sustainable Collective Good” and aimed at generating stakeholder discussions on policy suggestions that could be implemented to arrest the phenomenon of illegal mining and logging in the country.
The President asserted that Ghana, over the years had not done well in negotiating well when it comes to its vast mineralresources.
“Ghana has not always done well in negotiations with the countries that exploit her natural resources” and that among other things such as “corruption, incompetence and political instability, the nation has mostly been short-sighted in these negotiations, thus, end up settling for less,” he emphasised.
In addition he said “The country has until recently, failed to put in place the requisite framework which will enable us to establish highest ends of the value chains of the extractive industry. Extensive tax and royalties’ exemptions, intolerable labour practices, and lack of value addition in the country has resulted in exceptional profits to mining companies at the expense of our communities, towns, cities and country. We cannot repeat these mistakes.”
Nana Akufo-Addo said even though it was legitimate for mining companies to make profit out of their businesses, it was important that this was not done at the expense of lands and the peoples that provided these resources.
“For several years, the extractive sector has been the largest tax base of our country apart from providing thousands of employment to several young men and women. The truth, however, is that over the years, we have not benefited optimally from these resources due to our overdependence on the export of raw products,” he added.
Nana Akufo-Addo said it was important to come to terms with the fact that the real value of natural resources laid in value addition.
“The value of the global aluminium industry, for example, from bauxite mining through alumina smelting and alumina production, is estimated to be in excess of one hundred and eighty billion United States dollars annually.
But raw bauxite accounts for only 7.6% of this market, while the remaining 92.3 % is generated from processed bauxite. This case is not different from those of gold, iron ore, manganese, cobalt, or lithium. Indeed, currently, African countries involved in the production of lithium are set to be making just about 10% of the entire value chain of the electric battery industry.
This is why government has prioritised local content and local participation as well as value addition in the natural resources sector to ensure that we derive optimal benefits from these God-given resources,” he stressed.
President Akufo-Addo noted that “Through the Ghana Integrated Aluminium Development Corporation (GIADEC), established in 2018, we are working to ensure value-addition in our bauxite resources through refining, smelting, aluminium production, as well as production of other downstream aluminium products.”
He explained that the implementation of the 4-project agenda of GIADEC was expected to optimise production in the upstream industry and spur production and job creation in the downstream sector.
“With an estimated bauxite resource base of over 900 million metric tonnes, this sector can serve as an anchor for the country’s industrialization if we continue to pursue value-added policies.
By section 28 of the GIADEC law, and section 30 of the GISDEC law, the Minister for Lands and Natural Resources is empowered to make regulations to ensure that no bauxite or iron ore in their raw state is exported out of the country after five years of the coming into force of these laws,” he emphasised.
The Ghana Integrated Aluminium Development Corporation (GIADEC), commenced operations in 2019, and the corporation is working to ensure value addition across the full value chain of aluminium production.
GIADEC is driving the development of mining, refining to produce alumina, and smelting to produce primary aluminium, and ultimately, to develop a downstream aluminium industry in Ghana.
GIADEC has made significant progress in the development of the four projects, which, together, define Ghana’s Integrated Aluminium Development programme.
By Cliff Ekuful
Ghana’s parliament has marked the 2nd edition of May Day 2026 under the theme “ Welcome Home”.
It was special day meant to celebrate the invaluable support of the workforce, recognizing the commitment, resilience, and contributions of workers to institutional growth and national development.
Delivering the message on behalf of the Speaker, the 1st Deputy Speaker, Bernard Ahiafor, described the theme as very apt, appropriate, and timely, noting that Parliament is more than a workplace, it is a shared home.
He emphasized that we cannot speak about work without speaking about people, reminding everyone that the true measure of our work is the well-being of our people.
He urged that our traditional clothing become an integral part of our everyday clothing, and that our local languages must become integral to our daily lives, interwoven into education and practiced at home.
Referencing Standing Order 63, which captures the use of local language as optional in deliberations, he encouraged a renewed commitment to identity, saying it is significant that we “come home” and present who we are so future generations can inherit a story they can fully tell.
The Clerk, Mr. Ebenezer Ahumah Djietror, in his remarks commended officers for their dedication and devotion to duty, calling on them to go the extra mile and leave legacies.
Echoing the reminder that an unexamined life is not worth living, he described the event as an invitation to reconnect with our roots through cultural revival.
The Deputy Clerk, C&FMS, Dr. Gloria Sarku Kumawu, urged all not to forget their roots, the people behind the stories of ministries, industries, and the strides made both in-house and beyond.
What began last year has now become a meaningful tradition, showcasing Ghanaian heritage, fostering unity, and encouraging innovation under the principle of diversity for unity and diversity for progress, she added.
The gathering brought together leadership, public officials, and staff across all levels, along with the media, standing as a unifying platform that honored service, celebrated culture, and reaffirmed a shared commitment to national development.
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Manhyia would serve as Ghana’s unifying force …Otumfuo assures on commemoration of 27 years on the Golden Stool
The Asantehene, Otumfuo Osei Tutu II, last Friday celebrated his 27th enstoolment with a colourful and culture-rich ceremony at the Manhyia Palace in Kumasi, drawing a distinguished gathering of dignitaries from across Ghana and beyond.
Clad in splendid kente and adorned in rich traditional regalia, the dignitaries added colour and elegance to the occasion, as the palace grounds came alive with a vibrant display of Ghanaian culture.
Traditional drumming, dancing and symbolic rites underscored the deep-rooted heritage of the Ashanti Kingdom, captivating guests and reaffirming the value of tradition in modern society.
Speaking at a high-level Executive Gala organised by the Diaspora Affairs Office of the Office of the President in strategic partnership with the E ON 3 Group, the ‘World-Meets-in-Ghana’ gala, the Asantehene urged Ghanaians to guard against the divisive tendencies of partisan politics.
The event was to honour the Asantehene’s nearly three-decade reign under the theme ‘Advancing Peace and Sustainable Economic Development through Royal Vision’.
Otumfuo Osei Tutu II noted that such attitudes threatened the country’s long-standing values of unity, civility and brotherliness.
He assured that Manhyia would continue to serve as a unifying force for the nation.
The celebration also featured the presentation of commemorative gold coins to notable national leaders, including the President, John Dramani Mahama, former Presidents John Agyekum Kufuor and Nana Addo Dankwa Akufo-Addo as well as Dr Mahamudu Bawumia, a former Vice President in recognition of their contributions to peace and national development.
By Spectator Reporter
