Ghana news briefing
Government sets up team to negotiate VALCO strategic partnership
The government has taken a major step towards reviving the Volta Aluminium Company Limited (VALCO), inaugurating a dedicated team to negotiate with a prospective strategic investor to modernise and expand the Tema-based aluminium smelter.
The eight-member Negotiations Team, inaugurated by the Ministry of Lands and Natural Resources on Friday, August 21, 2026, is expected to work towards securing definitive terms for a partnership that will provide the capital and technical support required to restore VALCO’s productive capacity.
Under the proposed partnership model, the State would give up a portion of its equity to a strategic investor in return for the capital injection required to modernise the smelter.
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