S. Korea, Ghana leaders seek tangible cooperation on security, critical minerals
Korea Herald1 day
Ghana's gold sector faces a crisis as Chinese nationals flood the country to run illegal mining operations that devastate the environment and corrupt local officials. Over 50,000 Chinese migrants have poured in since 2008, transforming small-scale artisanal mining into industrial-scale ecocide using heavy machinery and toxic chemicals that poison water supplies and destroy cocoa farms. The new Gold Board regulations shutting out foreign buyers represent a necessary crackdown on this exploitation.
President Mahama's South Korea visit demonstrates Ghana's emergence as a credible investment destination through strategic diplomacy and institutional strength. The bilateral meetings with President Lee Jae Myung secured cooperation in maritime security, climate action and technology transfer while positioning Ghana as Korea's gateway to African markets. This engagement follows successful partnerships with India, Germany, Singapore and China that have delivered over $1 billion in commitments supporting the 24-Hour Economy agenda.
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