Skip to content
Subscriber Only

Ghana President Seeks to Barter Bauxite for Roads, Bridges

  • West African nation will pursue ‘largest’ build program
  • Ghana wants to expand its bauxite processing capacity
Operations At The Paragominas Bauxite Mine

Photographer: Paulo Fridman/Bloomberg

Updated on

Ghana will finalize details of an infrastructure program before the end of the year and will pay for it with refined bauxite, said President Nana Akufo-Addo.

The West African nation is seeking to derive more value from its bauxite resources by expanding the country’s processing capacity. Last year, Ghana said it signed an agreement with China that may culminate in the development of a $10 billion bauxite venture that will include the construction of alumina refineries and railways.