The Minister of Finance of Sierra Leone, Sheku Ahmed Fantamadi Bangura, has praised the achievements of the Ghana Gold Board, noting that the institution has established itself as a blueprint for sustainable gold sector reforms in Africa.
According to him, Sierra Leone is ready to adapt Ghana’s Goldbod model to strengthen its mineral revenue management and drive economic growth.
He made these known when he paid a courtesy call to the CEO of Goldbod.
The visit comes at a time when GoldBod is spearheading new initiatives to modernize gold trading in Ghana.
How can 5-month-old GoldBod be responsible for age-long ‘galamsey’ problem?
In partnership with the Ghana Commodity Exchange (GCX), GoldBod is exploring innovative platforms such as tokenization and Exchange-Traded Funds (ETFs), while engaging with the Securities and Exchange Commission (SEC) to ensure investor protection.
The initiative is expected to expand access to gold ownership and investment opportunities, while positioning Ghana as a leader in structured gold markets on the continent.
Ghana has so far exported 66.7 tonnes of small-scale gold, worth approximately US$6 billion, surpassing both the total for the previous year and the output from large-scale mining in the first eight months of 2025.
Sierra Leone’s Minister of Finance, Sheku Fantamadi Bangura, visited @GhanaGOLDBOD CEO Sammy Gyamfi to discuss GoldBod’s success and explore adopting its model for economic growth in Sierra Leone. pic.twitter.com/vwT8I6vhVT
— Sammy Gyamfi (@SammyGyamfi_) September 18, 2025
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