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News

MIIF Sets the Pace at African Mining Indaba 2026 with Strategic Investor and Industry Engagements

The Minerals Income Investment Fund (MIIF) has begun its participation at the African Mining Indaba 2026 with a series of high-level engagements aimed at strengthening partnerships, attracting investment, and advancing sustainable mining practices. The engagements followed the official opening of the conference at the Cape Town International Convention Centre (CTICC), one of the largest global platforms for mining dialogue and investment.

The 2026 edition of the Africa Mining Indaba brings together thousands of delegates from governments, mining companies, financial institutions, and development partners to discuss the future of mining in Africa. This year’s conference is being held under the theme “Stronger Together: Progress Through Partnerships,” highlighting collaboration as a critical driver of sustainable development across the sector.

The conference was formally opened on Monday, February 9, 2026, by the Executive Mayor of Cape Town, Geordin Hill-Lewis, who welcomed delegates to the city and underscored mining’s importance to Africa’s long-term development.

In his address, the Mayor emphasised the role of mining in building resilient economies, supporting the global energy transition, and delivering inclusive growth across the continent.

He called for closer collaboration between governments, investors, and industry players, stressing that Africa’s mineral wealth must be transformed into shared prosperity through partnership-driven approaches. The Mayor also highlighted the need for predictable regulatory frameworks, strong institutions, and government-led infrastructure development to support investor confidence.

Concluding his remarks, Mayor Hill-Lewis drew on an African proverb to reinforce the central theme of unity and collective responsibility, stating: “The one who joins the hand has the right to the meat.” The message resonated strongly with delegates, reflecting the conference’s emphasis on cooperation as a pathway to sustainable outcomes.

With the conference officially underway, the Minerals Income Investment Fund (MIIF) commenced its programme of activities on Monday, launching a packed schedule of strategic meetings with mining companies, investors, and financial institutions. The engagements were led by the Fund’s Chief Executive Officer, Mrs Justina Nelson, with support from Board Members Hon. Yakubu Mohammed, MP for Ahafo Ano South-east, and Ms Ama Mawusi Mawuenyefia, as well as the Chief Technical Officer, Mr Kwabena Barning, and the Head of Investment, Mr Ernest Attiso. The discussions focused on identifying partnership opportunities that align strong commercial returns with Ghana’s national development priorities.

Among the key engagements were meetings with Asanko Gold Mine Ghana Limited, AngloGold Ashanti Ghana Limited, and Gold Fields Ghana Limited. Discussions centred on potential collaboration in areas such as streaming arrangements, foreign exchange considerations, sustainability initiatives, and environmental, social and governance (ESG) integration. The conversations reflected MIIF’s mandate to play a catalytic role in Ghana’s mining sector while supporting responsible investment practices.

Beyond financial considerations, the meetings placed strong emphasis on environmental stewardship. The companies expressed commitment to working with MIIF’s ESG and Sustainability teams to support the reforestation of mined-out areas, reinforcing shared responsibility for land restoration and long-term environmental management.

Social impact also featured prominently in the discussions. The companies reaffirmed their support for MIIF’s Women from Mining Communities (WomCom) Scholarship Programme, pledging collaboration on STEM education initiatives aimed at increasing opportunities for women and girls in mining communities. The programme seeks to expand female participation in technical and leadership roles within the mining sector.

By the close of activities on Monday, MIIF had established a strong presence at African Mining Indaba 2026. The Fund’s early engagements translated the conference’s call for partnership into tangible discussions, positioning MIIF as a key national institution committed to balancing investment performance with environmental responsibility and inclusive growth.

Economic and Market Outlook and Strategic Investment Orientation for 2026

This report provides an outlook for global and Ghanaian financial markets in 2026
amid moderating inflation, shifting monetary policy, and ongoing geopolitical and
structural challenges. It examines key macroeconomic trends and assesses
prospects across major asset classes, including equities, fixed income, and
commodities, with emphasis on Ghana’s economic conditions. The analysis
highlights priority themes such as artificial intelligence, energy transition, and
critical minerals, and outlines key risks and opportunities to support informed
investment decision-making and strategic positioning.

Get the Economic and Market Outlook and Strategic Investment Orientation for 2026 here
Economic and Market Overview for Q4 2025

The global economy expanded in the last quarter of 2025, largely led by the manufacturing and services sectors. In
October, the Global Composite Purchasing Managers Index (PMI) Output Index recorded a gain of 1.15%, reaching 53
as opposed to 52.4 recorded in September 2025, signaling consistency with the International Monetary Fund (IMF)
projected Global GDP growth of 3% for 2025. Inflationary pressures also eased despite headwinds in trade conditions,
largely due to a downturn in export orders. The month of November, in contrast, saw a recovery and stabilization of
export orders. However, the Index posted 52.7, representing a marginal decline of 0.57% compared to the previous
seventeen-month high of 53. Manufacturing and service sectors continued to dominate global growth in November,
with the Services PMI Business Activity Index posting 53.3. India, the US and the Euro Area registered output growth
above the global average. In December 2025, the rate of global expansion softened further, largely driven by
unemployment concerns. Global PMI recorded its lowest in six months to 52. The last month of 2025 also signaled slow
demand in the coming months of 2026 as new orders marginally declined. Download this report to access more insights.

Get the Economic and Market Overview for Q4 2025 here
MIIF Staff Trained on GHANEPS to Strengthen Public Procurement

The Minerals Income Investment Fund (MIIF) in collaboration with the Public Procurement Authority (PPA), has organized a three-day training programme on the Ghana Electronic Procurement System (GHANEPS) for management and staff of the Fund.

The training, held at the Lancaster Hotel in Accra from Wednesday, January 28 to Friday, January 30, 2026, is in line with the government’s efforts to roll out the system across public institutions to promote transparency, efficiency, and accountability in public procurement.

Designed to build capacity within public institutions, it helped to deepen participants’ understanding of procurement procedures and strengthened their ability to use the GHANEPS platform to carry out procurement activities efficiently and seamlessly.

In a brief remark to close the session, the Director of Capacity Building at the PPA, Mr George Osei-Poku, emphasised the importance of applying the skills acquired during the training in the Fund’s day to day procurement activities.

He urged officers of the Fund to fully adopt GHANEPS for all MIIF procurement activities and indicated that PPA is available to provide support whenever the need arise.

 

The participants welcomed the training, expressing satisfaction with the facilitators’ practical approach to the training.

They admitted that the GHANEPS platform will help to reduce human intervention in procurement processes, promote fairness, and increase confidence in public procurement.

They observed that the system does not only accelerate the procurement cycle from advertisement to tender opening, but provides an open and accessible platform for suppliers, contractors, and consultants.

It also creates a secure digital audit trail for all transactions, ensuring accountability and transparency at every step.

MIIF Holds Strategic Planning Session to Reposition Fund for World-Class Performance

The Board and Management of the Minerals Income Investment Fund (MIIF) and some members of the Audit Committee have held a Strategy Planning Session as part of ongoing efforts to sharpen the Fund’s strategic focus and align leadership around its priorities for 2026.

Opening the one-day session on Tuesday, January 27, 2026, the Board Chairman, Mr Richard Kwame Asante, reflected on the Fund’s significant achievements, particularly around royalty collections in which targets were exceeded last year and challenged Management to view the successes chalked as a foundation rather than a destination.

Mr Asante used the occasion to commend Management and staff of the Fund, on behalf of the Board, for the strong performance in 2025.

“However, as we all know, strong past performance is not a substitute for sound forward planning and the results now belong to the archives.

The terrain ahead is more complex and more constrained. Expectations are high, resources are tighter, and scrutiny is sharper,” he cautioned.

Mr Asante noted that; “Our collective responsibility, Board and Management alike, is to ensure that MIIF remains strategically focused, financially disciplined, and firmly anchored in its public mandate.

The Chief Executive Officer, Mrs Justina Nelson, called for renewed strategic focus and institutional agility as the Fund navigates a significantly altered operating environment.

She said the meeting marked a critical moment in the Fund’s journey, following major amendments to the Minerals Income Investment Fund Act (Act 978) that have reshaped its mandate and operating framework.

She reminded participants that MIIF was established as a sovereign wealth fund to maximise value from Ghana’s mineral resources in a transparent, responsible and sustainable manner for both present and future generations.

However, she noted that recent legislative changes, particularly the Minerals Income Investment Fund (Amendment) Act, 2025 (Act 1137), have introduced fundamental shifts that require careful strategic recalibration.

Mrs Nelson noted that the Fund enters the 2026 strategy cycle from a position of strength, having recorded strong financial and operational performance in the past year, supported by structural adjustments and managerial realignment.

She cautioned, however, that past successes must not breed complacency, as the road ahead is more complex and demanding.

The CEO acknowledged the insights shared by PriceWaterHouseCoopers (PwC) during the strategy session with a presentation focused on the topic; “Repositioning MIIF as a World-Class Mineral Fund”.

The presentation examined MIIF’s current Assets Under Management (AUM) across equities, alternative investments and money market instruments.

It also benchmarked MIIF against five leading sovereign wealth funds, the Norway Government Pension Fund Global, China Investment Corporation, Abu Dhabi Investment Authority, Kuwait Investment Authority, and the Hong Kong Monetary Authority, highlighting their early Assets Under Management (AUM) growth trajectory, diversified board sub-committees, robust governance frameworks, long-term investment horizons, rigorous risk management, ESG integration, and strong transparency and reporting practices.

Mrs Nelson also expressed gratitude to the various heads of departments of the Fund for their presentations.

The presentations aligned to the Fund’s three strategic pillars: increasing collections; driving investment and sustained growth; and strengthening governance and institutional capacity.

The MIIF CEO indicated that the inputs from PwC and the departmental heads will ensure that the resulting strategy is practical, integrated and executable.

The session featured an engaging question and answer segment, during which Mr Richard Hagan from the Internal Audit Committee offered further insights on good governance practices, while Mr Maxwell Asare-Brewu also from the Internal Audit Committee, proposed measures to explore the establishment of an IT Steering Committee within the Fund.

The Strategy Session featured breakout group discussions, group presentations, and the identification of actionable takeaways to support the effective delivery of MIIF’s strategic pillars during the year.

 

MIIF Weekly Market Update (Week of January 26, 2026)

Welcome to the weekly market update produced by MIIF!

Every Monday, we break down significant happenings in the markets – the economy, commodities, currencies and more – in a simplified way that we believe you would find useful and is easily understandable. Whether you are planning, investing or you are just curious about happenings on the financial markets, these quick insights and smart takeaways are for you. 
 
So we urge you to check in every week and let’s get a hang of the markets together!
Get the MIIF Market Update (Issue 19) here
MIIF Weekly Market Update (Week of January 19, 2026)

Welcome to the weekly market update produced by MIIF!

Every Monday, we break down significant happenings in the markets – the economy, commodities, currencies and more – in a simplified way that we believe you would find useful and is easily understandable. Whether you are planning, investing or you are just curious about happenings on the financial markets, these quick insights and smart takeaways are for you. 
 
So we urge you to check in every week and let’s get a hang of the markets together!
Get the MIIF Market Update (Issue 18) here
MIIF Weekly Market Update (Week of January 12, 2026)

Welcome to the weekly market update produced by MIIF!

Every Monday, we break down significant happenings in the markets – the economy, commodities, currencies and more – in a simplified way that we believe you would find useful and is easily understandable. Whether you are planning, investing or you are just curious about happenings on the financial markets, these quick insights and smart takeaways are for you. 
 
So we urge you to check in every week and let’s get a hang of the markets together!
Get the MIIF Market Update (Issue 17) here
MIIF Weekly Market Update (Week of December 31, 2025)

Welcome to the weekly market update produced by MIIF!

Every Monday, we break down significant happenings in the markets – the economy, commodities, currencies and more – in a simplified way that we believe you would find useful and is easily understandable. Whether you are planning, investing or you are just curious about happenings on the financial markets, these quick insights and smart takeaways are for you. 
 
So we urge you to check in every week and let’s get a hang of the markets together!
Get the MIIF Market Update (Issue 16) here
MIIF closes year celebrating hard work, gratitude and unity

On Friday, 19 December 2025, the Minerals Income Investment Fund (MIIF) closed the year with a heartwarming End-of-Year break ahead of the Christmas festivities.

The occasion provided staff with an opportunity to pause, reflect, and celebrate a year marked by strong leadership, dedication, teamwork, and collective effort.

The reflective session was facilitated by the Chief Executive Officer, Mrs Justina Nelson, who reviewed the year 2025, acknowledging the Fund’s successes by way of royalties collection as well as return on investments while drawing lessons from the experiences to further strengthen the Fund next year, 2026.

She commended staff for their resilience, professionalism, and unwavering commitment to the Fund’s mandate, emphasizing that every milestone reached was the result of teamwork and shared purpose. She encouraged staff to build on the momentum, strive for excellence, and do even more in the coming year.

Her message concluded with warm wishes for a Merry Christmas and a prosperous New Year.

Other members of Senior Management also took the opportunity to extend goodwill messages, thanking staff for their hard work and wishing everyone a joyful Christmas season. Their remarks reinforced a strong sense of unity, appreciation, and shared responsibility across the organisation.

Beyond the formal engagements, the celebration was filled with warmth and cheer. Staff participated in indoor games, enjoyed music, and broke bread – creating an atmosphere of relaxation, laughter, and friendship.

It was a moment to relax, re-connect, and celebrate the MIIF family spirit that forms the basis of the Fund’s work culture.

 

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