GoldBod model draws interest as 7 African countries seek gold governance lessons

Ghana’s GoldBod model is capturing the attention of seven African nations as they seek to learn from the country’s gold governance approach. Over the past year, delegations from Sierra Leone, Mozambique, Tanzania, Zimbabwe, Zambia, Sudan, and Namibia have visited Ghana’s Gold Board to study its new framework. The visits, which began in September 2025, aim to help these countries formalize gold trading and centralize gold market regulation to maximize value and retain local benefits.

The GoldBod model emphasizes a centralized, well-structured, and effectively regulated gold value chain under the country's national sovereignty over its gold resources. Ghana’s Deputy Chief Executive Officer, Richard Nunekpeku, Esq., has been guiding the international delegates through the GoldBod regulatory framework, gold purchasing system, and other institutional arrangements.

The growing interest in Ghana’s approach stems from a desire to improve mineral revenue management, gold trading, certification, licensing, artisanal and small-scale mining formalization, natural resource management, and value addition. Each delegation has approached the study visits with specific interests, but they all aim to gain practical insights for reforms in their own gold sectors.

Ghana’s GoldBod model is now a reference point for officials from across Africa seeking to enhance their gold sector governance.