{
  "id": 489003,
  "title": "GoldBod generated $10.8bn in forex from small-scale gold — Sammy Gyamfi",
  "url": "https://urgent.news/2026/08/10/goldbod-generated-10-8bn-in-forex-from-small-scale-gold-sammy-gyamfi",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T17:56:12.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/goldbod-generated-10-8bn-in-forex-from-small-scale-gold-sammy-gyamfi/"
  },
  "original_language": "en",
  "account": "Sammy Gyamfi, CEO of the Ghana Gold Board (GoldBod), revealed that Ghana earned over $10.8 billion in foreign exchange solely from artisanal and small-scale mining gold. This significant contribution bolstered the country's foreign exchange reserves and market stability. GoldBod's gold purchases enabled the Bank of Ghana to inject approximately $10.6 billion into the forex market, enhancing liquidity. The influx of foreign exchange led to a remarkable appreciation of the Ghanaian cedi, with the currency gaining more than 41% during the period. By December 2025, Ghana's international reserves surged from $8.9 billion to an impressive $13.8 billion. Sammy Gyamfi shared these insights on JoyNews on August 10, 2026, while dissecting the influence of GoldBod's operations on Ghana's foreign exchange market and overall economy.",
  "summary": "The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, says Ghana generated more than $10.8 billion in foreign exchange from artisanal and small-scale mining gold alone, contributing significantly to the country’s foreign exchange market and reserve accumulation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "GoldBod generated GH¢970m in non-tax revenue from assay fees in 2025 – Sammy Gyamfi",
        "url": "https://urgent.news/2026/08/10/goldbod-generated-gh-970m-in-non-tax-revenue-from-assay-fees-in-2025",
        "published": "2026-08-10T13:38:56.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}