Sammy Gyamfi, the CEO of the Ghana Gold Board (GoldBod), received a courtesy call from Sierra Leone’s Finance Minister Sheku Ahmed Fantamadi Bangura.
The conversations focused on GoldBod’s incredible success and how Sierra Leone might use Ghana’s approach to improve its management of mineral earnings and spur economic expansion.
Mr. Bangura commended GoldBod’s accomplishments, pointing out that the organization has rapidly become a model for long-term gold industry changes in Africa.
GoldBod is leading fresh efforts to modernize Ghanaian gold trading at the time of the visit.
While working with the Securities and Exchange Commission (SEC) to protect investors, GoldBod is investigating cutting-edge technologies including tokenization and Exchange-Traded Funds (ETFs) in collaboration with the Ghana Commodity Exchange (GCX).
The project is anticipated to establish Ghana as a leader in the continent’s structured gold markets and increase access to gold ownership and investment options.
GoldBod’s efforts have already produced noteworthy results. Ghana exceeded both the total and large-scale mining output of the previous year in the first eight months of 2025, exporting 66.7 tonnes of small-scale gold valued at over US$6 billion.
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These changes have bolstered the Bank of Ghana’s reserve program, reduced smuggling, and increased confidence.
The finance minister of Sierra Leone’s visit highlights how Ghana’s creative gold management techniques are becoming increasingly recognized in Africa and have the potential to revolutionize economies throughout West Africa.
