Rwanda and Ghana have signed a strategic partnership to collaborate in minerals trade, artificial intelligence, and broader investment opportunities.

This marks another step in expanding Rwanda’s mining partnerships beyond traditional markets.

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Signed on October 9 by Rwanda Development Board (RDB) CEO Jean-Guy Afrika, Rwanda Mines, Petroleum and Gas Board (RMB) CEO Alice Uwase, and Oheneba Yaw Otchrere, Chairman of the Ashanti Investment Trust, the agreement outlines cooperation in mineral exploration and trade, the application of artificial intelligence in mining, and the promotion of wider investment opportunities between the two countries.

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It focuses on 3Ts, key minerals such as tin, tantalum, and tungsten.

These minerals are vital in industries including electronics, aerospace, and renewable energy. Tin is used in soldering, tantalum in capacitors for smartphones and computers, while tungsten is used in cutting tools and high-temperature applications.

The Ashanti Kingdom Investment Trust, the investment arm of Ghana’s Ashanti Kingdom, manages assets reportedly worth over $460 billion and plays a central role in promoting economic cooperation across Africa.

Rwanda has been actively pursuing international partnerships to expand its mineral trade.

Rwanda’s mineral export revenues reached $1.7 billion (Rwf2.38 trillion) in 2024, and under the National Strategy for Transformation (NST2), the government aims to increase this to $2.2 billion annually by 2029.