CEO of Engineers & Planners and Dzata Cement, Ibrahim Mahama, has sealed a groundbreaking $100 million facility with the ECOWAS Bank for Investment and Development (EBID).
The massive funding deal will power Mahama’s acquisition of the Black Volta Gold Mining Project, a strategic step that positions Engineers & Planners at the heart of Ghana’s rapidly growing gold mining frontier.
This development marks a significant leap for the Ghanaian businessman, whose growing empire already spans heavy-duty mining operations, cement manufacturing, and now gold mining on an industrial scale. The Black Volta mine is seen as a high-potential asset, and with Mahama at the helm, expectations are high for job creation, economic growth, and a surge in local and regional investment.
What This Means for Ghana and West Africa:
- A new chapter in indigenous ownership of major mining assets
- Stronger ties between private enterprise and regional financial institutions
- Renewed confidence in the industrial ambitions of African entrepreneurs
Congratulations, and positive Comments flooded his Instagram page when he shared the news via a post.
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