The Chief Executive of the Ghana Gold Board (GoldBod) is calling for bold and robust financing to boost gold production, enhance exports, and maximise the sector’s full potentials across the continent.
According to him, it is time for Ghana to scale up gold production, especially as global gold prices continue to reach record highs.
Speaking at the maiden Mining and Minerals Convention on September 8, 2025, Gyamfi noted that Ghana's current mining financing models do not support the country’s scale of growth.
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He, therefore, advocated for African capital structures to provide practical financing solutions for the continent’s mining sector.
"Current models of financing for mining in Ghana are too conservative. We need African capital structures to provide bold yet practical financing solutions for the minerals and mining sector to maximise production and optimise recovery, particularly in this time of record-high international gold prices," he stated.
Addressing the need to sustain Ghana's gold output, Gyamfi emphasised the introduction of the Mining Support Program as a strategic move to attract more direct investment into the sector.
"This is why we have launched a Mining Support Program aimed at leveraging our mandate to attract direct investments into mining particularly for the procurement of environmentally friendly mining equipment to optimise production and recovery for the maximisation of national benefits," he added.
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