Ghana is moving to retain more value from its gold industry as the Ghana Gold Board (GoldBod) orders Self-Financing Aggregators (SFAs) to refine all gold doré locally before it can be exported.
The directive, issued by GoldBod's Compliance Directorate on August 24, 2026, takes effect on September 1 and applies to gold purchased by SFAs under arrangements with approved offtakers.
Under the new rules, no gold doré can be exported from Ghana in its unrefined form. SFAs must ensure that gold is processed at a refinery approved or designated by GoldBod before seeking export approval.
The directive is issued under the Ghana Gold Board Act, 2025 (Act 1140), which expanded GoldBod's mandate over the purchase, sale, refining, value addition and export of gold.
Ghana seeks more value from its gold
