# Ghana Economic Policy and the Accra Reset Program

> Live situation record from CLSTR: https://clstr.news/situations/financial-times-africa-summit-2026
> Updated: 2026-10-21T20:30:43.000Z. Sources: 13. Developments: 2.

The 13th Financial Times Africa Summit in London convened political leaders, policymakers, and business executives to address economic development and capital mobilization. Participants, including Dangote Group President Aliko Dangote, focused on mobilizing domestic capital and attracting investment to strengthen African financial systems.

During the summit, Ghanaian President John Dramani Mahama announced a strategic shift in Ghana’s economic policy through the ‘Accra Reset’ program. The initiative aims to phase out the export of unprocessed mineral resources by 2030 to drive domestic industrialization and job creation. The policy targets resources such as bauxite, manganese, iron ore, lithium, diamonds, and gold.

To implement this roadmap, the Ghanaian government plans to introduce legislation requiring investors to integrate local processing and refining capabilities into mining projects. Specific objectives include developing domestic aluminium refining and modernizing the VALCO facility. Mahama emphasized that while the transition requires significant investment in energy, transport, and technology, it is essential for “national economic sovereignty.” He also called for increased coordination among African nations to ensure the continent exports high-value processed goods rather than raw materials.

## Claims

- Ghana aims to end the export of unprocessed minerals by 2030. (corroborated by 3 sources)
- The policy targets bauxite, manganese, iron ore, lithium, and diamonds. (corroborated by 2 sources)
- Ghana is implementing the UK–Ghana Growth Partnership for 2026 to 2028. (single source)
- Ghana maintains a non-aligned foreign policy. (single source)
- The mining sector represents approximately 14% of Ghana's GDP. (single source)
- Ghana has already banned the export of iron scrap and non-ferrous metals. (single source)
- Investors are urging Ghana to return to international capital markets. (single source)
- The Ghana Investment Promotion Authority (GIPA) is encouraging local firms to expand into African markets. (single source)
- The Ghana-UK Investment Summit resulted in commitments worth up to £215 million. (single source)

## Timeline

### 2026-10-21: African leaders and investors convene for summits in London and Nairobi

Global leaders and officials are meeting at the FT Africa Summit in London and the Global Trust Summit in Nairobi to discuss economic growth, investment, and institutional accountability.

3 sources. https://clstr.news/cluster/african-leaders-and-investors-convene-for-summits-in-london-and-nairobi

### 2026-10-21: Ghana to ban raw mineral exports by 2030 to drive industrialization

Ghanaian President John Dramani Mahama announced plans to ban raw mineral exports by 2030, aiming to boost domestic industrialization, job creation, and local value addition through mandatory refining.

10 sources. https://clstr.news/cluster/president-mahama-attends-ft-africa-summit-in-london

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Cite as: Ghana Economic Policy and the Accra Reset Program. CLSTR, https://clstr.news/situations/financial-times-africa-summit-2026