Edward Nana Yaw Koranteng

MIIF CEO Edward Nana Yaw Koranteng Appointed Board Member Of Atlantic Lithium

MIIF CEO Edward Nana Yaw Koranteng Appointed Board Member Of Atlantic Lithium

Atlantic Lithium Limited, a company focused on lithium exploration and development in Africa, has appointed Edward Nana Yaw Koranteng to its board of directors as an independent non-executive director. Koranteng, a lawyer and experienced corporate and investment banker with over 23 years of experience, currently serves as the Chief Executive Officer of Ghana's Minerals Income Investment Fund (MIIF). Koranteng's appointment to the board aligns with MIIF's US$5 million subscription in Atlantic Lithium, which forms part of its planned US$32.9 million total investment in the company and its Ghanaian subsidiaries. This investment aims to expedite the development of Atlantic Lithium's Ewoyaa…
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MIIF To Invest US$30 Million In Licenced Small-Scale Mines

MIIF To Invest US$30 Million In Licenced Small-Scale Mines

The Minerals Income Investment Fund (MIIF) has announced plans to invest some US$30million into legally established small-scale mining ventures through an incubation programme. The initiative – Small-Scale Mining Incubation Programme – seeks to assist small-scale miners to grow and develop into responsible and sustainable mid-tier mining operators. The programme is expected to support formalisation of the small-scale mining sector, which contributes about 30 to 40 percent of the country’s total gold output annually. It is hoped that the investment will discourage the galamsey menace, enhance job creation and also guarantee environmental practices and safety. MIIF’s Chief Executive Officer, Edward Nana…
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MIIF Woos Investors At Ghana-UK Investment Summit

MIIF Woos Investors At Ghana-UK Investment Summit

The Minerals Income Investment Fund (MIIF) seeks co-investment partners in its bid to invest in the entire minerals value chain of Ghana. MIIF is ready to co-invest and create a de-risking mechanism for investors says Edward Nana Yaw Koranteng, Chief Executive Officer of the Fund. The Fund has been described as “perhaps Ghana’s most important lever of development” and took center-stage at the two-day Ghana International Opportunities Summit (GHIOS), held in London with its offering of creating wealth through sustainable investments. Creation of Africa’s largest Minerals Sovereign Wealth Fund “We are building Africa’s biggest sovereign minerals fund,” said Mr Koranteng.…
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MIIF, GSE, Mincom On Course To Deepen Local Ownership Of Minerals

MIIF, GSE, Mincom On Course To Deepen Local Ownership Of Minerals

The Minerals Income and Investment Fund (MIIF) has reaffirmed its commitment to increasing local participation and ownership in the minerals sector, in collaboration with the Ghana Stock Exchange (GSE) and the Minerals Commission (Mincom). MIIF’s quarterly outlook in March 2023 highlights that mining companies will be required to list a percentage of their shares on the local bourse as a pre-requisite to obtaining a mining license and consideration for MIIF investment. The new regulation requires holders of a mineral right to list at least 20 percent of their equity on the Ghana Stock Exchange (GSE) within five years of the…
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