Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

World

We’ll establish a Gold Village in Accra next year – Sammy Gyamfi

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has announced plans to establish a Gold Village in Accra in 2027, saying the project will promote gold jewellery manufacturing, create jobs and support industrial growth.

We’ll establish a Gold Village in Accra next year – Sammy Gyamfi

Sammy Gyamfi, CEO of the Ghana Gold Board (GoldBod), has announced plans to build a Gold Village in Accra in 2027. This initiative aims to boost gold jewellery manufacturing, generate employment, and bolster industrial development within Ghana's gold industry. Speaking at a National Mining Dialogue on the topic "Rethinking the Social License to Operate," Gyamfi highlighted the project's role in retaining more value from Ghana's gold industry.

Under President John Dramani Mahama's "Reset" agenda, nearly nine metric tonnes of Ghana's gold output has been refined locally and exported this year alone. This local refining process generates sustainable jobs and supports the local economy. GoldBod plans to collaborate with the private sector to establish the Gold Village in 2027, with the facility intended to foster world-class gold jewellery production, fabrication, and access to international markets for Ghanaian gold products.

The project will be spearheaded by GoldBod Jewellery Limited, a subsidiary of GoldBod, and is crucial to the government's agenda. Drawing inspiration from Dubai's gold market, Gyamfi emphasized the need for Ghana to develop a strong gold trading and retail industry, given its status as Africa's leading gold producer. The Gold Village will serve as a dedicated destination for purchasing locally manufactured gold jewellery and artefacts, providing opportunities for skills development, employment, and industrial growth within Ghana's gold value chain.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at myjoyonline.com →

More in World

More from Tuesday 18 August →