Small-scale gold exports hit 51.5 tonnes ($5 billion) in H1 2025, a 180% value increase year-on-year, surpassing large-scale mining exports for the first time.
The Ghana Gold Board (GoldBod), established in April 2025, reformed licensing and aggregation systems to curb smuggling.
President Mahama inaugurated an anti-illegal trade task force on July 8, vowing “ruthless” action against offenders.
GoldBod’s operations strengthened reserves by $2.14 billion without external borrowing.
The sector’s growth anchors broader economic initiatives like the 24-Hour Economy programme, targeting reduced import dependency through agro-industry and renewable energy investments.
