• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, July 28, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Extractives/Energy

Consider Critical Minerals as Foundation for Peace, Not Conflict – MiDA CEO Urges Africa

Bless Banir Yarayeby Bless Banir Yaraye
July 28, 2026
Reading Time: 5 mins read
Add as Preferred on Google
Critical Mineral

Critical Mineral

The Chief Executive Officer of the Millennium Development Authority (MiDA), Alexander Kofi-Mensah Mould, has called on African leaders to ensure that the continent’s vast critical mineral resources serve as a catalyst for peace, inclusive development, and shared prosperity, rather than a catalyst for conflict.

Speaking at the opening ceremony of the High-Level Conference on Governance, Critical Minerals and Conflict in Africa a three-day event taking place the MiDA chief emphasized that Africa’s vast resource wealth must be managed with a renewed focus on democratic governance, transparency, and community equity.

“The question before us, therefore, is not simply how Africa governs this great era. It is whether this era becomes a foundation for peace, democracy, governance and inclusion, or whether it becomes another source of tension and missed opportunity.”

Alexander Kofi-Mensah Mould
African key stakeholders, policymakers at Open Society Foundations Conference
African key stakeholders, policymakers at Open Society Foundations Conference

Organized by the Open Society Foundations, the Accra conference brings together key policymakers, civil society leaders, academic researchers, peacebuilding practitioners, and private sector representatives to address responsible governance amid surging global demand for clean energy inputs.

Mr. Mould noted that as the global transition to green technologies accelerates, Africa finds itself positioned squarely at the center of the world’s critical minerals supply chain.

ADVERTISEMENT

Consequently, the quality of institutional governance will decide whether this unprecedented market opportunity translates into lasting socioeconomic development or succumbs to the structural failures of past resource booms.

Navigating the Resource Curse and Conflict Dynamics

The geopolitical and economic imperative to view critical minerals such as lithium, cobalt, nickel, manganese, and rare earth elements as foundations for peace stems directly from the continent’s history with resource exploitation.

African key stakeholders, policymakers at Open Society Foundations Conference
African key stakeholders, policymakers at Open Society Foundations Conference

Historically, the discovery and extraction of high-value natural resources across various African regions have frequently correlated with institutional fragility, environmental degradation, local disenfranchisement, and violent conflict a phenomenon widely recognized as the “resource curse.”

When mineral governance lacks transparency, local communities often bear the severe environmental costs of extraction while remaining excluded from its financial revenues, creating fertile ground for civil unrest, illegal mining networks, and armed insurgency.

To break this historical cycle, critical mineral frameworks must address the root causes of resource-fueled instability.

ADVERTISEMENT

Natural resource endowment does not inherently guarantee economic prosperity; rather, stability depends heavily on the strength of domestic institutions and the fair distribution of wealth.

When governments fail to manage public expectations or neglect local land rights, mineral-rich zones risk transforming into conflict arenas where competing interest groups clash over revenue distribution.

By prioritizing human rights protection, transparent revenue management, and multi-stakeholder dialogue, African states can systematically de-escalate tension and transform mining zones into stable economic centers.

ADVERTISEMENT

Institutional Governance and Value-Chain Localisation

A vital pathway to preventing conflict and building sustainable peace lies in shifting national policy away from the simple extraction and export of raw ores toward domestic industrial processing and value-chain integration.

Mr. Mould urged African governments to redirect their strategic focus toward “building local industries, developing technology, strengthening skills and promoting African-owned enterprises across the mineral value chain.”

African key stakeholders, policymakers at Open Society Foundations Conference
African key stakeholders, policymakers at Open Society Foundations Conference

 Relying strictly on raw material exports leaves host nations vulnerable to global commodity price volatility while depriving young populations of meaningful employment opportunities.

Developing local refining, processing, and manufacturing capabilities retains economic value within the continent, generating sustainable jobs and dampening the socioeconomic frustration that typically fuels civil unrest.

Furthermore, democratic governance, civic participation, and anti-corruption mechanisms serve as indispensable pillars in ensuring resource security.

When resource contracts, environmental impact assessments, and royalty disbursements are made fully transparent to the public, community trust in public institutions increases.

Protecting the rights of host communities and incorporating local content regulations ensures that those living nearest to extraction sites directly benefit from infrastructure, education, and healthcare investments.

Strengthening institutional capacity ensures that foreign direct investment aligns seamlessly with national development blueprints rather than extractive exploitation.

A Defining Moment for Africa’s Resource Future

The ongoing conference in Accra continues to examine how critical mineral governance can actively advance democratic practices, economic justice, and conflict prevention across resource-rich regions.

The global clean energy transition offers African nations an unprecedented opportunity to redefine their standing in the international political economy.

African key stakeholders, policymakers at Open Society Foundations Conference
African key stakeholders, policymakers at Open Society Foundations Conference

However, as conference delegates deliberate over practical frameworks for policy reform, the central message remains clear: the realization of Africa’s potential depends entirely on institutional integrity, strategic foresight, and political will.

As Mr. Mould eloquently concluded in his address, “Future generations will not judge us by the abundance of the resources we inherit.

They will judge us by the wisdom with which we govern them.” Ultimately, whether Africa’s critical minerals ignite fresh instability or secure a stable, prosperous future depends on the commitment of its leaders to implement transparent, inclusive, and forward-looking governance models today.

READ ALSO: Government Commits $256 Million J-STAR Funding to Secondary School Infrastructure

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: African LeadersAlexander Kofi-Mensah Mouldand shared prosperitycatalyst for peaceensure that the continent’s vast critical mineral resourcesInclusive DevelopmentMillennium Development Authority (MiDA)rather than a catalyst for conflictthe Chief Executive Officer
Please login to join discussion
Previous Post

Government Commits $256 Million J-STAR Project to Secondary School Infrastructure

Next Post

2026 Mid-Year Budget Review: Ghana Survived, but the Undertakers are Furious

Related Posts

Mike Fraser, the Chief Executive Officer of Goldfields
Extractives/Energy

Gold Fields Reaffirms Tarkwa Partnership Amid Mining Lease Renewal Tussle

July 28, 2026
Minister for Energy and Green Transition, Dr. John Abdulai Jinapor
Extractives/Energy

Ghana Hosts 60th APUA Meetings to Push Continental Power Integration

July 28, 2026
African key stakeholders, policymakers at Open Society Foundations Conference
Extractives/Energy

Africa Minerals Future: Key Stakeholders Converge in Accra to Forge Mineral Governance

July 28, 2026
Senior Presidential Advisor on the 24-Hour Economy, Augustus "Goosie" Tanoh
Extractives/Energy

Africa Must Harness Critical Minerals for Industrialisation – Goosie Tanoh

July 27, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Debt Distress Risk Drops as IMF Cheers Ghana

Debt Distress Risk Drops as IMF Cheers Ghana

July 28, 2026
Mike Fraser, the Chief Executive Officer of Goldfields

Gold Fields Reaffirms Tarkwa Partnership Amid Mining Lease Renewal Tussle

July 28, 2026
Image Credit: Kay Codjoe

2026 Mid-Year Budget Review: Ghana Survived, but the Undertakers are Furious

July 28, 2026
Critical Mineral

Consider Critical Minerals as Foundation for Peace, Not Conflict – MiDA CEO Urges Africa

July 28, 2026
Hon. Haruna Iddrisu, Minister of Education

Government Commits $256 Million J-STAR Project to Secondary School Infrastructure

July 28, 2026
ADVERTISEMENT
Next Post
Image Credit: Kay Codjoe

2026 Mid-Year Budget Review: Ghana Survived, but the Undertakers are Furious

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.