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21.09.2021 Business & Finance

Kwaku Sakyi-Addo appointed board chair of Minerals Development Fund

Kwaku Sakyi-Addo appointed board chair of Minerals Development Fund
LISTEN SEP 21, 2021

Ace broadcaster and communication specialist, Kwaku Sakyi-Addo has been appointed as the board chair of the Minerals Development Fund.

The board, which was inaugurated on Monday, September 20, 2021, is made up of nine other members.

Samuel A. Jinapor, the Minister for Lands and Natural Resources who inaugurated the board, urged it to come up with innovative ways of generating funds to help develop the various mining communities in the country.

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The minister reiterated the importance and purpose of the MDF board, saying, “The Minerals Development Fund was established by the Minerals Development Fund Act, 2016, (Act 912) and indeed the examination of the memorandum and the debates preceding the promulgation of this law should tell all of us how important the fund is and for that matter, how important this board is.”

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“The Fund was established among others to mobilise requisite resources, statutory private sector, and some other sources to be able to bring about the much-needed development of the mining communities in our country,” he added.

Mr. Jinapor said he looks forward to working with the board chair and his members to ramp up the contributions of mining companies and mining establishments to the Minerals Development Fund in order to help develop the mining communities in the country.

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Mr. Kwaku Addo Sakyi-Addo on behalf of the board expressed his appreciation to the President of the Republic and the Minister, for the trust reposed in them and promised to serve the administration to deliver results.

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He added that he looks forward to working with the management and all who matter in the mining sector to ensure that the dream of developing mining communities in the country is realised.

The other board members include, Mr. Frank A. Raji, Mr. Constant Gladzah, Mr. Martin Ayisi, Prof, Kwamla Agbesinyale, Mr. James Dadson, Mrs. Maame Ama Edumadze-Acquah, Mr. Sulemanu Koney, Nana Osei Kofi Abiri and Mad. Wilhelmina Asabea Bampe.

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