{"id":125147,"date":"2023-11-29T09:10:31","date_gmt":"2023-11-29T09:10:31","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/"},"modified":"2023-11-29T09:10:31","modified_gmt":"2023-11-29T09:10:31","slug":"ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/","title":{"rendered":"Ghana\u2019s Lithium lease not different from agreements made during colonial times \u2013 Sophia Akuffo \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Former Chief Justice\u00a0Sophia Akuffo\u00a0has criticized Ghana\u2019s recent Lithium lease agreement, arguing that it bears striking similarities to the colonial-era agreements, often referred to as the \u2018Guggisberg model,\u2019 which historically yielded limited benefits to the country.<\/p>\n<p>In an address at the Institute of Economic Affairs (IEA) in Accra on November 28, 2023, she emphasized that traditional colonial agreements have failed to contribute substantially to the overall well-being of the average Ghanaian.<\/p>\n<p>\u201cIt is not different in principle in the substance from any of Ghana\u2019s previous colonial times types of agreements, some call it the Guggisberg model, whatever description, all those agreements are colonial type of agreements, which over the years have yielded very little good to the overall benefit of the average Ghanaian.<\/p>\n<p>\u201cIn modern best practices the exploitation or extraction of mineral resources discovered by either a joint venture agreement whereby the host country takes an agreed ownership in the mining company or a service contract whereby the host country is the owner, contracts the mining company and the mining company can be selected through transparent competitive bidding process to mine the mineral and to reinvest for its cost of reduction plus profit margin so that the mining company is in contract to the owner. The ownership of the mining remains completely in the hands of the state,\u201d 3news.com quoted her to have said.<\/p>\n<p>She highlighted alternative approaches such as joint venture agreements or service contracts, where the host country maintains ownership or contracts mining companies through transparent competitive bidding processes.<\/p>\n<p>Ghana recently granted a 15-year mining lease to Barari DV Ghana Limited a subsidiary of Atlantic Lithium Limited for lithium extraction in the Mfantseman Municipality of the Central Region.<\/p>\n<p>The lease includes enhanced terms aimed at ensuring optimal benefits for the country, such as increased royalty rates, state, and Ghanaian participation, and value addition to the mined mineral.<\/p>\n<p><strong>Source:\u00a0<\/strong>www.ghanaweb.com<\/p>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Former Chief Justice\u00a0Sophia Akuffo\u00a0has criticized Ghana\u2019s recent Lithium lease agreement, arguing that it bears striking similarities to the colonial-era agreements, often referred to as the \u2018Guggisberg model,\u2019 which historically yielded limited benefits to the country. In an address at the Institute of Economic Affairs (IEA) in Accra on November 28, 2023, she emphasized that traditional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":124984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-125147","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ghana\u2019s Lithium lease not different from agreements made during colonial times \u2013 Sophia Akuffo \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana\u2019s Lithium lease not different from agreements made during colonial times \u2013 Sophia Akuffo \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Former Chief Justice\u00a0Sophia Akuffo\u00a0has criticized Ghana\u2019s recent Lithium lease agreement, arguing that it bears striking similarities to the colonial-era agreements, often referred to as the \u2018Guggisberg model,\u2019 which historically yielded limited benefits to the country. In an address at the Institute of Economic Affairs (IEA) in Accra on November 28, 2023, she emphasized that traditional [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-29T09:10:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Sophia-Akuffo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/\",\"name\":\"Ghana\u2019s Lithium lease not different from agreements made during colonial times \u2013 Sophia Akuffo \u2013 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Sophia-Akuffo.jpg\",\"datePublished\":\"2023-11-29T09:10:31+00:00\",\"dateModified\":\"2023-11-29T09:10:31+00:00\",\"author\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/#primaryimage\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Sophia-Akuffo.jpg\",\"contentUrl\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Sophia-Akuffo.jpg\",\"width\":600,\"height\":430},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ghanamma.com\/2023\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ghana\u2019s Lithium lease not different from agreements made during colonial times \u2013 Sophia Akuffo \u2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2023\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\/\/www.ghanamma.com\/2023\"],\"url\":\"https:\/\/www.ghanamma.com\/2023\/author\/ghanamma\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ghana\u2019s Lithium lease not different from agreements made during colonial times \u2013 Sophia Akuffo \u2013 - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/","og_locale":"en_US","og_type":"article","og_title":"Ghana\u2019s Lithium lease not different from agreements made during colonial times \u2013 Sophia Akuffo \u2013 - Ghanamma.com","og_description":"Former Chief Justice\u00a0Sophia Akuffo\u00a0has criticized Ghana\u2019s recent Lithium lease agreement, arguing that it bears striking similarities to the colonial-era agreements, often referred to as the \u2018Guggisberg model,\u2019 which historically yielded limited benefits to the country. In an address at the Institute of Economic Affairs (IEA) in Accra on November 28, 2023, she emphasized that traditional [&hellip;]","og_url":"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/","og_site_name":"Ghanamma.com","article_published_time":"2023-11-29T09:10:31+00:00","og_image":[{"width":600,"height":430,"url":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Sophia-Akuffo.jpg","type":"image\/jpeg"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/","url":"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/","name":"Ghana\u2019s Lithium lease not different from agreements made during colonial times \u2013 Sophia Akuffo \u2013 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2023\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Sophia-Akuffo.jpg","datePublished":"2023-11-29T09:10:31+00:00","dateModified":"2023-11-29T09:10:31+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Sophia-Akuffo.jpg","contentUrl":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/11\/Sophia-Akuffo.jpg","width":600,"height":430},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2023\/11\/29\/ghanas-lithium-lease-not-different-from-agreements-made-during-colonial-times-sophia-akuffo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2023\/"},{"@type":"ListItem","position":2,"name":"Ghana\u2019s Lithium lease not different from agreements made during colonial times \u2013 Sophia Akuffo \u2013"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2023\/#website","url":"https:\/\/www.ghanamma.com\/2023\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2023\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2023"],"url":"https:\/\/www.ghanamma.com\/2023\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts\/125147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/comments?post=125147"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts\/125147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/media\/124984"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/media?parent=125147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/categories?post=125147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/tags?post=125147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}