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MIIF confident of stronger growth in 2026 as royalties hit GH¢5.43bn

by theoverseeronline.com
March 30, 2026
in Business, FINANCE
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MIIF confident of stronger growth in 2026 as royalties hit GH¢5.43bn
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The Minerals Income Investment Fund (MIIF) is projecting stronger financial performance in 2026 after recording a sharp rise in mineral royalty inflows last year.

Chief Executive Officer, Justina Nelson, said the fund is building on improved operational strategies that drove royalties up to GH¢5.43 billion in 2025, compared to GH¢3.91 billion in 2024. She expressed confidence that the upward trend will continue.

“Based on the strategies in the previous year, we are very sure of moving to higher levels this year,” she noted during a meeting with editors in Accra.

The engagement, the first of its kind between MIIF and senior media practitioners, was aimed at providing deeper insight into the fund’s operations while addressing widespread misconceptions about its mandate and activities.

Discussions centred on the fund’s legal framework, including its establishing law and subsequent amendments, as well as its medium-term strategy covering 2026 to 2028. Officials used the platform to clarify issues surrounding mineral royalty management and correct what they described as persistent misinformation in parts of the media.

According to Nelson, strengthening collaboration with journalists is key to improving public understanding of how Ghana’s mineral wealth is managed. She encouraged media professionals to seek direct clarification from the fund when necessary.

Supporting her position, Director of Corporate Affairs, Charles Benoni Okine, said the initiative was designed to improve transparency and highlight aspects of the fund’s work that are often misunderstood.

On the technical side, Head of Legal, Tuinese Edward Amuzu, disclosed that royalties from manganese and quarry operations saw notable growth in 2025, driven largely by enhanced monitoring systems.

Meanwhile, Chief Technical Officer, Kwabena Barning, reaffirmed MIIF’s role as a strategic vehicle for managing Ghana’s mineral income, stressing that the fund is focused on maximising returns while ensuring transparency, accountability and long-term sustainability.

He added that the fund also plays a stabilising role in the economy by reducing the country’s vulnerability to fluctuations in commodity revenues.

The meeting comes as MIIF seeks to scale up its investment activities and tighten oversight within the mining sector, positioning itself as a key driver of resource-backed economic growth.

Tags: 2026 growthGhana NewsMIIFRoyalties
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