Accra, Ghana – His Majesty Otumfuo Osei Tutu II, the Asantehene, hosted the prestigious Mining in Motion Gala Dinner on June 2, 2025, at the Kempinski Hotel in Accra. This grand event followed the successful conclusion of the Mining in Motion Summit, bringing together a distinguished array of leaders and dignitaries from across Africa and beyond, including Former President John Agyekum Kufuor, Sam E. Jonah, Ashin Morton, Nananom, Oheneba Nana Kwaku Duah, Dr. K. K. Sarpong, and Osei Kwame Despite. The evening served as a pivotal moment for fostering a shared vision for Ghana’s mining future, emphasizing elegance, purpose, and strategic dialogue.
During his address, Otumfuo Osei Tutu II delivered a strong message urging for a paradigm shift in the global mining industry, particularly concerning Africa’s mineral wealth. He cautioned that Ghana and other gold-producing African nations face a risk of social unrest if foreign gold markets continue to disproportionately benefit from raw mineral exports without contributing to value addition on the continent. “It is impossible to deny the contention that some sweat to eke out crumbs while others reap the rich rewards of the end-use world, basking in the gilded pomp of the products of nations,” His Majesty stated, adding, “This world of inequity is untenable and unsustainable.”
The Asantehene implored international financial institutions and investors to re-evaluate their engagement with Africa, advocating for increased support for private sector growth through productive ventures that can create jobs and build industrial capacity within producer nations. He highlighted that the current system, where African gold is predominantly exported for processing and manufacturing abroad, has left mining communities with insufficient benefits. Otumfuo stressed that “the gold market can show the way,” by encouraging partnerships for the establishment of local manufacturing industries to add value to raw materials.
Otumfuo Osei Tutu II concluded his speech by emphasizing that an economically strengthened Africa would serve as a “bulwark for market stability,” which he deemed essential for investors. His impassioned call for greater equity and local value addition resonated deeply with the attendees, setting a clear agenda for collaborative efforts to transform Ghana’s mining sector into a truly sustainable and mutually beneficial enterprise.
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