The Media Coalition for Good Governance (MCGG) has backed Ibrahim Mahama and his company, Engineers and Planners (E&P), over the takeover of Ghana’s Damang Gold Mine, describing criticism of the deal as politically motivated and urging support for indigenous businesses.
The coalition’s intervention adds to a growing debate that has drawn in Ghana’s parliamentary opposition, the Commission on Human Rights and Administrative Justice (CHRAJ), government officials, and policy analysts.
E&P formally took over the Damang concession from Gold Fields Ghana on April 18, 2026. At the handover ceremony, Mahama pledged major investments in the host community, including an airport, two hospitals, and sports facilities, BillionairesAfrica reported.
Local Mining Push
MCGG said the acquisition represents a significant milestone for local participation in Ghana’s mining sector and called for greater support for homegrown entrepreneurs. While Ghana remains Africa’s top gold producer, much of the sector has historically been dominated by foreign firms, limiting the share of value retained within the domestic economy.
