BREAKING: Ghana Gold Board and Bank of Ghana Generate Over US$8 Billion in Nine Months

By Ghana Media | Business & Economy

Ghana’s gold sector has recorded a historic financial milestone, with the Ghana Gold Board (GoldBod), working in partnership with the Bank of Ghana, generating over US$8 billion in revenue between January and September 2025. The announcement has sparked widespread attention across economic and political circles, highlighting the growing strength of Ghana’s gold-backed economic strategy.

The achievement was brought to public attention by Sammy Gyamfi, who praised the figures as clear evidence of effective coordination between state institutions and a renewed focus on maximizing value from Ghana’s natural resources. According to him, the performance of GoldBod demonstrates that structured oversight, transparency, and strategic partnerships can significantly boost national revenue.

Over the past year, the Ghana Gold Board has intensified efforts to streamline gold aggregation, reduce smuggling, and ensure that more gold transactions pass through official channels. This approach, backed by the Bank of Ghana’s financial controls and gold reserve policies, has helped stabilize inflows and strengthen foreign exchange reserves.

Economic analysts say the US$8 billion revenue figure is not just a number but a signal of renewed confidence in Ghana’s extractive governance. Gold remains Ghana’s leading export commodity, and improved regulation has positioned it as a powerful tool for economic stabilization, especially amid global currency pressures.

The partnership has also reportedly contributed to stabilizing the cedi, supporting import cover, and reinforcing Ghana’s balance of payments. Stakeholders believe that if the current momentum is sustained, Ghana could close 2025 with one of its strongest gold-sector performances in history.

Public reactions have largely been positive, with many Ghanaians commending the leadership behind the initiative while calling for accountability, reinvestment into social development, and continued transparency. The success has reignited discussions on how natural resource revenues can directly impact jobs, infrastructure, and national development.

As Ghana looks ahead, the Gold Board–Bank of Ghana collaboration is increasingly being viewed as a model for how resource-driven economies can harness value responsibly and strategically for long-term national benefit.