African resources are working for African ownership, not discovery – GoldBod CEO

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has called for a shift in Africa’s approach to resource management, stressing that the continent’s natural resources must be used to promote African ownership, value creation and sustainable economic transformation.

Addressing the symposium on the theme, “The Growing Relationship Between Africa and Its Global Diaspora and Why This Movement Matters,” the GoldBod CEO urged the African diaspora to transition from mainly supporting families through remittances to becoming strategic investors in sectors that drive long-term growth.

Mr Gyamfi also called on African governments to create the right environment for investment through policy consistency, transparent institutions and protection of contracts.