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Africans turn to GoldBod model as 7 Africa countries seek lessons in gold governance

The Ghana’s GoldBod model is increasingly attracting interest from countries across Africa, with seven international delegations undertaking official visits and engagements with the Ghana Gold Board over a 12-month period to study Ghana’s new approach. This is to help these African countries formalised gold trading and centralised gold market regulation toward value maximisation and local […]

Africans turn to GoldBod model as 7 Africa countries seek lessons in gold governance

In a growing trend across Africa, seven countries have sought to learn from Ghana's GoldBod model for improving their own gold governance. A total of seven international delegations have visited Ghana over the past year to study the Ghana Gold Board's new approach, with the aim of formalising and centralising gold trading and regulation to maximise value and retain local benefits.

The visits, beginning in September 2025, included delegations from Sierra Leone, Mozambique, Tanzania, Zimbabwe, Zambia, Sudan, and Namibia. These countries are interested in adopting Ghana's model to strengthen mineral revenue management, improve regulatory frameworks, and better regulate gold trading and certification. The GoldBod model, led by CEO Sammy Gyamfi, has demonstrated notable achievements in a short period, earning praise from visiting delegations such as Sierra Leone's Finance Minister Sheku Ahmed Fantamadi Bangura.

Ghana is also collaborating with the Ghana Commodity Exchange on initiatives involving tokenisation and exchange-traded funds, as well as the Securities and Exchange Commission on investor protection. The growing interest in Ghana's GoldBod model reflects a broader trend in Africa towards asserting national sovereignty over gold resources and developing robust, structured gold trading systems.

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

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