Ibrahim Mahama (4th from right) with Sir Sam Jonah (4th from left) and other stakeholders after the sealing of the deal
Ibrahim Mahama (4th from right) with Sir Sam Jonah (4th from left) and other stakeholders after the sealing of the deal

Ghana’s spiritual, economic reset has begun

In a landmark event destined to alter the course of Ghana’s economic and spiritual future, businessman Ibrahim Mahama has become the first Ghanaian in history to own a 100 per cent large-scale gold mining company. 

Backed by a $100 million investment from the ECOWAS Bank for Investment and Development (EBID), this development is not merely a financial transaction; it marks a national and ancestral turning point.

For over a century, Ghana’s gold, the sacred wealth of its soil, has been extracted, exported and controlled by foreign powers. From colonial-era companies to modern multinational conglomerates, the story has remained the same: foreign corporations reaped massive profits, while Ghanaians received minimal royalties, environmental degradation and economic dependency.

The ownership structure of Ghana’s mining sector has long reflected the broader global imbalance between Africa and the rest of the world. But today, that cycle has been broken.

Patriotic visionary

Ibrahim Mahama, widely known for his entrepreneurial leadership and disciplined business practices, has steadily built his reputation as one of Ghana’s most influential industrialists.

From the logistics and infrastructure sector to cement production, Mahama has consistently demonstrated that it is possible to build Ghanaian-owned companies that meet international standards.

Yet his latest achievement of full ownership of a large-scale gold mine marks a profound shift, not only in business but in national psychology.

For the first time, the profits from such an operation will remain in Ghanaian hands, under the stewardship of someone deeply rooted in the land, culture and spiritual values of the nation.

This is not a symbolic stake.

This is 100 per cent ownership, full control of the decision-making, the supply chains, the revenue streams and the reinvestment paths.

In a country where even the largest mines are typically foreign-owned, this moment is monumental.

Investment that changed history

What makes this breakthrough even more significant is that it is funded by an African institution — the ECOWAS Bank for Investment and Development. The $100 million backing from EBID sends a strong message: it is time for Africans to trust and invest in Africans.

Rather than relying on Western or Eastern capital, this is a homegrown deal rooted in African financial solidarity. It proves that the capital, willpower and leadership necessary to build transformational industries already exist within the region.

The deal challenges the tired narrative that Africa must always look outward for development. It demonstrates that regional cooperation, when aligned with visionary leadership, can unlock a new economic reality.

Break from colonial past

Ghana’s gold has long been at the heart of its economic identity. Once known as the “Gold Coast,” the nation has produced some of the world’s highest-grade gold for centuries. But the ownership and control of that resource have remained outside Ghanaian hands.

These have included British mining firms, South African multinationals, Canadian juniors, and more recently, Chinese investors.

These are the entities that have traditionally held the licenses and dictated the terms. 

Even after independence, Ghana’s economic structure was inherited from colonial systems: foreign companies extracted wealth, paid low royalties to the state and exported the profits abroad.

Locals had little control, and communities surrounding the mines were often left impoverished and polluted.

Ibrahim Mahama’s deal is more than a business arrangement. It is a rupture in this inherited system of economic enslavement.

For the first time, the flow of wealth is being reversed: gold profits will stay within Ghana, to be reinvested into local industries, communities and future generations.

A spiritual breakthrough

For many, this development is not just a policy shift; it is a spiritual awakening.

Ghana’s land is sacred. Its minerals are part of its ancestral covenant.

When these resources are extracted with no accountability or benefit to the people, the land itself groans. 

But when rightful stewards rise, honest, disciplined and aligned with the soul of the nation, a blessing is unlocked.

This breakthrough comes during a pivotal prophetic window: the decade from 2025 to 2035, a period many spiritual leaders, elders, and visionaries believe will be a time of continental reckoning and restoration.

During this window, African nations are being called to reclaim not just their land and economy, but also their spiritual dignity and destiny.

Ibrahim Mahama’s ownership of a gold mine is not just about money.

It is a prophetic sign, a marker that the gates are opening for a new generation of Ghanaian leaders who are not just economically savvy, but spiritually grounded.

It is about economic justice, ancestral restoration and national healing.

Ripple effects

The implications of this deal stretch far beyond one individual or one company.

It sets a precedent for local ownership in strategic sectors.

It sends a signal to African banks: the era of risk-averse, externally driven investment must give way to bold, intra-African economic cooperation.

It also challenges policymakers in Ghana to do more to create an enabling environment for local ownership, from tax reforms to licensing and land protection.

Moreover, it offers a new psychological blueprint for Ghana’s youth. For too long, young people have been told that foreign ownership is the only path to scale.

Now, they see that Ghanaians can own, lead and prosper without compromise or foreign strings.

New chapter

Ibrahim Mahama’s mining breakthrough is not just a financial deal. It is a national victory, a spiritual sign and a continental challenge.

Ghana is reclaiming control over its resources, rewriting its economic future, and restoring the dignity of its people.

The profits from its gold will no longer be lost to the winds of global capitalism but will be reinvested in the soil that gave birth to it.

This is a turning point. It must be protected, multiplied and expanded. Ibrahim Mahama has broken the ceiling; now it is up to the nation to build the house.

Connect With Us : 0242202447 | 0551484843 | 0266361755 | 059 199 7513 |