A high-stakes mining dispute between Engineers & Planners (E&P), the construction firm owned by Ibrahim Mahama, and Azumah Resources, a gold developer backed by global private equity, has exploded into an international legal showdown.
The battle, now before the International Chamber of Commerce (ICC), has escalated into claims and counterclaims exceeding $100 million.
At the centre of the storm is a terminated agreement tied to the Black Volta gold project in Ghana's northwest, a site long viewed as a strategic addition to the country's mining portfolio.
E&P had originally filed a claim in October 2024, accusing Azumah of unlawfully scrapping a 2023 agreement that gave it early-stage development rights and a potential equity stake.