Business

MIIF to consolidate last year’s gains in 2026 – CEO in New Year message

Chief Executive Officer of MIIF, Mrs Justina Nelson

The Chief Executive Officer of the Minerals Income Investment Fund (MIIF), Mrs. Justina Nelson, has pledged the commitment of management to consolidate the gains made last year and position the Fund as one of the world’s best sovereign wealth funds.

She said this will be done in collaboration with the Fund’s stakeholders to secure value for both present and future generations.

Mrs Nelson made the commitment in her New Year’s message posted on all the social media handles of the Fund.

“Last year marked a defining phase in our transformational journey, delivering strong institutional reforms aligned with the standards of a world-class sovereign wealth fund. In 2026, together with our stakeholders, we will build on the successes of 2025: strong financial performance, robust internal systems, sound compliance and risk management, and strategic investments that secure value for both present and future generations. Wishing you a Happy and Prosperous New Year,” she said in the post.

The message comes amidst a successful year for the Fund after it embarked on major institutional reforms, which culminated in some significant performance in terms of royalties receipts.

Ghana’s mineral revenue outlook showed strong momentum in 2025, with new data revealing significant growth in royalty payments across all major mining segments for the first three quarters of last year.

The figures highlight strengthened regulatory compliance, improved production in key minerals, and sustained investor confidence in the country’s mining sector.

Large-scale gold mining remained the dominant driver, posting royalties of US$291.87 million as of the end of September 2025, a 40.18% increase from the US$208.20 million collected within the same period in 2024.

The mid-tier gold mining segment also recorded impressive growth, with royalties rising from GH₵40.61 million between January and September 2024 to GH₵59.44 million in 2025, representing a 46.38% jump.

A standout performer was the manganese sector, which achieved a remarkable 170% surge in royalty inflows. Payments increased from US$4.72 million in 2024 to US$12.75 million in 2025, driven by improved production and stronger compliance by operators.

The quarry industry added to the positive trend, recording a 13.12% rise in royalties from GH₵11.62 million to GH₵13.15 million, while the sand mining sub-sector saw a 21.48% increase, climbing from GH₵364,998.58 to GH₵433,406.41 in the same periods under review.