Ghana's Mining Investment Attractiveness Declines

Ghana has experienced a significant drop in the Global Mining Investment Attractiveness Index, falling from 46th in 2024 to 53rd in 2025, despite fewer countries being assessed. This decline, highlighted by former Minister Samuel Abu Jinapor, reflects a negative perception of Ghana's public policy environment for mining exploration and investment. Jinapor attributes this to the current administration's policies, which he describes as increasingly uncertain, interventionist, and opaque, citing the introduction of a sliding royalty regime and signals of resource nationalisation. He contrasts this with the previous Nana Akufo-Addo administration, which implemented policies that positioned Ghana as a leading mining hub, increasing gold production and investment attractiveness. The decline raises concerns about Ghana's ability to attract long-term investment, potentially eroding past economic gains and undermining initiatives like the Domestic Gold Purchase Programme. Jinapor recommends policy recalibration, including simplifying the tax regime, prioritizing exploration through the Ghana===Ghana Geological Survey Authority, and integrating the mining sector with downstream industries to restore investor confidence.