Lawyer Michael Akafia is new President of Ghana Chamber of Mines

Business

Lawyer Michael Akafia is new President of Ghana Chamber of Mines

By DL News

Published

2 min read

He succeeds Joshua Mortoti, who recently resigned from Gold Fields Ghana, after his crucial role in promoting the Chamber’s goals.

The Vice President in charge of External Affairs at Gold Fields Ghana Limited, Michael Akafia, Esq., has been appointed President of the Ghana Chamber of Mines.

He succeeds Joshua Mortoti, who recently resigned from Gold Fields Ghana, after his crucial role in promoting the Chamber’s goals.

With his extensive experience and proven success in the mining industry, it is believed that this appointment will enhance the chamber's operations, fulfill its missions, and help realize its vision of being the primary regulator for the growth of Ghana’s mining industry.

Akafia's deep expertise in legal, compliance, and the mining business, combined with his strategic vision and leadership abilities, makes him a strong candidate to lead the Chamber during this critical period.

In a statement, the Chief Executive of the Chamber, Sulemanu Koney, noted,  

“We are confident that Michael Akafia will continue to advance the mission and vision of the Ghana Chamber of Mines

His dedication to sustainable mining practices and his commitment to the economic development of Ghana will be invaluable as he takes on this new role."

In a related development, Mr. Akafia has expressed his gratitude and eagerness to lead the Chamber. 

“I am honored to accept this responsibility and to work with the esteemed members of the Executive Committee and Council to achieve the vision and mission of our Chamber. Together, we will continue to advocate for policies that support the growth of the mining sector and contribute to the prosperity of our nation,” he said.

Profile of Michael Akafia

Michael Akafia pursued advanced studies in International Commercial Litigation at University College London and earned an LLM in International Dispute Resolution from Queen Mary University of London.

He also holds an MBA in Finance from the University of Ghana Business School, a certificate in Environmental Law from the University of Pretoria, and a BA in Economics and Geography from the University of Cape Coast.

As a lawyer, Mr. Akafia possesses a Qualifying Certificate in Law from the Ghana School of Law and an LLB from the University of Ghana School of Law.

Mr. Akafia joined Gold Fields in 2010 and has served as the Vice President and Head of Legal and Compliance since March 2015.

With a multidisciplinary expertise spanning law, economics, tax, and finance, he was licensed as an Investment Advisor’s Representative by Ghana’s Securities and Exchange Commission in 2009.

In addition, he was accredited as a Tax Practitioner by the Chartered Institute of Taxation in 2016, licensed as a pensions funds trustee by the National Pensions Regulatory Authority in 2014, and recognized as an Insolvency and Restructuring Advisor by the Registrar of Companies in 2023.

Michael Akafia's previous roles include serving as Head of Legal and Company Secretary at SIC Financial Services Limited (SIC-FSL), Associate at the law firm Bentsi-Enchill, Letsa, and Ankomah, and Research and Legal Assistant at Lawfields Consulting.

He has also taught business law and jurisprudence at Zenith University College and participated on several boards, including the Enterprise Tier 2 Pension Scheme.

Additionally, he has chaired the Legal and Legislative Affairs Committee of the Ghana Chamber of Mines.

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