In September, lawmakers passed legislation for the creation of the fund that will look to securitize future revenue from royalties to support Ghana’s developmental needs, Ofori-Atta said Thursday in a presentation of his budget proposals for 2019 in parliament in the capital, Accra. The fund will set up a special purpose vehicle and conduct an initial public offering through a dual-listing on the London Stock Exchange and the local bourse, he said.
Turkey top envoy goes to Niger in bid to secure uranium supplies
The trip comes after Niger’s military government withdrew mining rights from Canadian and French companies to develop uranium deposits.