Rwanda Studies Ghana’s GoldBod Reforms as Gold Export Earnings Reach US$11.6 Billion
A delegation from Rwanda’s Mines, Petroleum and Gas Board visited Ghana’s GoldBod to learn from its licensing, anti-smuggling and value-addition reforms, as Ghana’s small-scale gold exports hit 85.4 tonnes worth US$11.6 billion by October 2026
GoldBod Exceeds September Forex Target with $1.87bn from ASM Gold Trading
Ghana Goldbod Commodities Energy and Utilities Management Ghana News Updates Marketing Small Biz Newmont Mining Entrepreneurship Public Relations Sales Success Branding Business Marketing Strategies Leasing Small Business Advice Branding and Marketing Rare Earths Customer Service Management
Why Ghana Is Moving From Raw Gold Exports to Refined Value
Rwanda Studies Ghana’s GoldBod Reforms as Ghana’s Gold Export Earnings Reach US$11.6 Billion
Rwanda is looking to Ghana’s gold-sector reforms as a possible model for strengthening its own gold trading and resource-management systems.
A delegation from the Rwanda Mines, Petroleum and Gas Board, led by its Chief Executive Officer, Alice Uwase, visited the Ghana Gold Board (GoldBod) to study Ghana’s approach to reforming the gold trading industry. The delegation was received by GoldBod CEO Sammy Gyamfi, Esq.
During the visit, the Rwandan delegation commended GoldBod for setting the pace in gold trading reforms, particularly in licensing, curbing smuggling, promoting mineral value addition and strengthening environmental protection. The engagement reflects growing regional interest in Ghana’s efforts to formalise gold trading, improve oversight and ensure that natural resources deliver greater economic benefits.
Sammy Gyamfi highlighted GoldBod’s contribution to Ghana’s economy, noting that the country generated US$10.8 billion from gold exports in 2025, while earnings had reached US$11.6 billion as of October 2026. He emphasised the importance of African countries learning from one another and sharing experiences so that their natural resources can be managed more effectively and used to maximise national and regional benefits.
The visit also provided an opportunity to discuss practical reforms in the mining sector. GoldBod’s Director for Responsible Mining, Prof. Ishmael Quaicoo, outlined initiatives designed to support mining formalisation, improve access to financing and promote environmentally responsible gold processing. These measures are central to Ghana’s broader effort to make gold trading more transparent, better regulated and more sustainable.
The engagement highlights the potential for African countries to adapt successful approaches to resource management, mining formalisation and environmental sustainability. By studying Ghana’s GoldBod reforms, Rwanda is seeking to draw lessons from a system that has attracted attention for its focus on licensing discipline, anti-smuggling measures, value addition and responsible mining practices. The visit underscores a wider trend of regional cooperation, in which African gold-producing countries are exploring ways to retain more value from their minerals, strengthen regulatory systems and improve the environmental and economic outcomes of their mining sectors.
Tweet
