7 African Nations Seek Insights from Ghana’s GoldBod Model

Accra: Ghana's new approach to managing its gold industry is attracting interest from other African countries, with seven nations engaging the Ghana Gold Board (GoldBod) to learn more about its operations. According to Ghana Web, Sierra Leone, Mozambique, Tanzania, Zimbabwe, Zambia, Sudan, and Namibia have all held discussions with GoldBod over the past year. These countries are primarily interested in understanding how Ghana is working to strengthen control and regulation of the gold trade and retain more value from its gold resources. The interest was sparked in September 2025 when Sierra Leone's Finance Minister, Sheku Ahmed Fantamadi Bangura, visited Ghana to meet with GoldBod Chief Executive Officer Sammy Gyamfi. The discussions centered on how Sierra Leone might draw lessons from Ghana's approach to managing revenue from its mineral resources. Following Sierra Leone's lead, Mozambique's Ministry of Mineral Resources and Energy officials visited Ghana in October 2025. They focused on GoldBod's strategi es for regulating gold trading and certification. Tanzania joined the trend in January 2026, sending a 15-member delegation from its Minerals Commission. The delegation, led by Theresia Numbi, explored Ghana's gold-buying system and the regulations governing the sector. Tanzania's interest continued four months later with a visit from officials of the Central Bank of Tanzania, who sought to learn more about the Domestic Gold Purchasing Programme and GANRAP. Zimbabwe's interest was evident in April 2026 when a team from BetterBrands visited Ghana to focus on the country's efforts to formalize artisanal and small-scale gold mining. The visits underscore a growing interest in Ghana's GoldBod system among African nations seeking to enhance their management and regulation of the gold sector. For these countries, Ghana's experience offers valuable insights into approaches for gold trading, sector monitoring, and maximizing the value retained from mineral resources. The increasing interest in Ghana's GoldBod model has also sparked a broader discussion within Africa about improving the management of natural resources. This trend aligns with Ghana's reported rise in foreign direct investment inflows, which jumped from $640 million to $2.5 billion in 2025, as stated by President Mahama.