Give Ghana’s Gold to Ibrahim Mahama, Not Foreign Companies — Abronye Declares

New Patriotic Party (NPP) figure Kwame Baffoe, popularly known as Abronye DC, has reportedly called for Ghana’s gold resources to be entrusted to local businessman Ibrahim Mahama rather than foreign companies.

The comments have reignited debate about local ownership of Ghana’s mineral resources, the role of domestic businesses in the mining industry and how the country can retain more of the wealth generated from its gold deposits.

Abronye’s position, as reflected in the report, centres on the argument that Ghanaian businesses should have greater opportunities to control and benefit from the country’s natural resources.

Debate Over Local Ownership of Ghana’s Gold

Ghana’s mining sector has historically attracted major international companies, making foreign investment an important part of the industry. However, discussions about increasing Ghanaian ownership and ensuring that more mining revenue benefits the local economy have become increasingly prominent.

The debate includes questions about job creation, local investment, technology transfer, tax revenue and the share of profits retained within the country.

Supporters of greater local participation argue that capable Ghanaian companies should be given opportunities to develop major mineral deposits instead of allowing the sector to remain heavily dependent on foreign operators.

Abronye’s reported remarks place Ibrahim Mahama at the centre of this discussion.

Ibrahim Mahama’s Growing Role in the Mining Industry

Ibrahim Mahama, founder of Engineers and Planners, has expanded his involvement in Ghana’s mining sector through major projects, including the Damang gold mine.

In April 2026, Damang Gold Mine Limited delivered approximately 110 kilogrammes of its first gold output to the Ghana Gold Board, with the gold intended for purchase on behalf of the Bank of Ghana and addition to the country’s reserves.

The development was presented by GoldBod officials as an example of how local participation in large-scale mining could contribute to Ghana’s economic objectives.

However, the ownership of mining assets by politically connected businesspeople has also attracted scrutiny. Questions about transparency, competition and potential conflicts of interest have featured in public debate surrounding mining-sector decisions.

The government and the relevant regulators have defended the process through which the Damang concession was awarded, while critics have raised concerns about fairness and the treatment of competing investors.

The discussion prompted by Abronye’s reported comments raises a broader question about the future direction of Ghana’s gold industry: how can the country increase local ownership while ensuring that mining concessions are awarded transparently and competitively?

Greater Ghanaian participation could create opportunities for domestic investment, employment and the development of local expertise. At the same time, mining projects require substantial capital, technical capacity and effective environmental oversight.

The debate therefore extends beyond choosing between local and foreign companies. It also concerns how Ghana can ensure that every investor meets the necessary standards and that the public receives meaningful benefits from the country’s mineral wealth.

Abronye’s reported position adds another voice to the ongoing national conversation about who should control Ghana’s gold and how the country can maximise the value of its natural resources.

Source: GhanaWeb — https://www.ghanaweb.com/GhanaHomePage/NewsArchive/Give-Ghana-s-gold-to-Ibrahim-Mahama-not-foreign-companies-NPP-s-Abronye-declares-2057884

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