Ibrahim Mahama’s Engineers & Planners revives dormant Black Volta & Sankofa Projects

Engineers & Planners Company Ltd (E&P) has announced the successful acquisition of all issued shares of Azumah Resources Ghana Ltd and Upwest Resources Ltd, marking a major milestone for Ghana’s mining sector.

The share transfer, approved by the Minerals Commission and registered with the Registrar of Companies, formally places the Black Volta and Sankofa Projects under E&P’s ownership and management. These concessions, dormant since 1992, are now set for full-scale development under Ghanaian leadership.

Describing the move as a landmark achievement, E&P emphasised that the acquisition positions the company to unlock the full potential of the projects by deploying its technical expertise, financial resources, and operational experience. Established in 1997, E&P is recognised as one of Africa’s leading mining and civil engineering firms.

E&P outlined a structured plan to commence immediate development, which includes:

Collaborating with the Ghana Revenue Authority (GRA) to audit and confirm all loans recorded as project investments.

Repaying genuine loans subject to applicable taxes, safeguarding state revenue.

Deploying secured funding to begin mine construction and operations in the shortest possible time.

Beyond its commercial value, the company framed the acquisition as a national duty. By reviving the Black Volta and Sankofa Projects, E&P aims to generate jobs, stimulate local economic activity, and increase royalties and taxes to the state. The company also pledged to deliver infrastructure and social investment to communities in the Upper West Region.

Chief Executive Officer of E&P, Ibrahim Mahama, expressed pride in the milestone, saying:

“This is a proud moment for E&P and for Ghana. Our commitment is to ensure that these projects, which have been dormant for too long, finally deliver real value to our country and its people. We will work transparently with regulators and stakeholders to build mines that create shared prosperity.”

With this acquisition completed, E&P is set to roll out an intensive development programme, setting a precedent for Ghanaian-led mining ventures that can compete on the global stage while prioritising national benefit.