Business News of Thursday, 8 January 2026Source: www.ghanaweb.comThe Ghana Integrated Aluminium Development Corporation (GIADEC) has secured strategic investors for the modernisation of the Volta Aluminium Company (VALCO) and the construction of an alumina refinery. He described the alumina refinery and VALCO modernisation as cornerstone projects of Ghana’s industrialisation agenda, aimed at shifting the country from a raw bauxite-exporting economy to one that adds value locally. He added that the construction of an alumina refinery was critical to developing a fully Integrated Aluminium Industry (IAI) and welcomed the growing interest of global firms in partnering with Ghana. He added that a fully operational VALCO would create at least 6,000 direct jobs for Ghanaian youth, making its revival a national priority. GIADEC Chief Executive Officer Reindorf Twumasi Ankrah reaffirmed the corporation’s commitment to building a globally competitive aluminium industry for Ghana.

Source: GhanaWeb January 08, 2026 20:05 UTC