GoldBod model draws interest as 7 African countries seek gold governance lessons
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 12 months to study Ghana’s new approach. This is to help these African countries formalise gold trading and centralised gold market regulation toward value maximisation and local value retention. […]
Ghana's GoldBod model has captured the attention of seven African countries seeking guidance on gold governance. The Ghana Gold Board has welcomed visits from delegations of Sierra Leone, Mozambique, Tanzania, Zimbabwe, Zambia, Sudan, and Namibia over the past year to study Ghana's innovative approach. The objective is to formalize gold trading, centralize market regulation, maximize value, and retain local benefits.
The interest in Ghana's GoldBod model began in September 2025 when Sierra Leone's Minister of Finance visited Ghana. Discussions focused on adapting the Ghanaian model to improve Sierra Leone's mineral revenue management. GoldBod has also collaborated with the Ghana Commodity Exchange on tokenization and exchange-traded funds, while the Securities and Exchange Commission has engaged on investor protection.
In October 2025, Mozambique's Ministry of Mineral Resources and Energy sent a high-level delegation to Ghana for a study visit. The delegation examined Ghana's institutional arrangements for regulating gold trading and certification. In January 2026, a 15-member delegation from Tanzania's Minerals Commission visited GoldBod to study the country's gold-buying system and regulatory regime.
Tanzania's interest has expanded to include the Domestic Gold Purchasing Programme and GANRAP. Four months later, Zimbabwe's BetterBrands Team visited GoldBod to explore opportunities for formalizing the artisanal and small-scale mining sector. In July 2026, Zambia sent a government delegation to GoldBod in response to an official request from Ghana's Ministry of Foreign Affairs.
In the same month, a Sudanese delegation led by the Ambassador to Ghana visited GoldBod to learn about the model and potential replication in Sudan's resource management framework. Namibia's Ministry of Industries, Mines, and Energy conducted a benchmarking exercise at GoldBod in September 2026, describing the model as a robust framework for Namibia to draw valuable lessons as it aims to enhance uniformity and standardization in its minerals sector.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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