The Ghana Gold Board (GoldBod) has advocated the tokenisation of gold as a means of deepening capital formation, broadening investment opportunities and sustaining the country’s economic stability.

Speaking at 2026 Money Summit organised by the Business and Financial Times (B&FT), Dr George Baah Danquah, Director of Finance at Ghana GoldBod, further explained that the initiative would enable Ghanaians to own fractions of gold through digital tokens, making the commodity accessible to a wider segment of the population while supporting wealth creation and domestic capital mobilisation.

According to him, individuals could purchase gold in small quantities, with investments projected to begin from as little as GH¢15.

He noted that GoldBod, established under Act 1140, has focused on formalising the artisanal and small-scale mining (ASM) sector to improve accountability and foreign exchange earnings.

As a result, Ghana’s gold exports increased from about 63.8 tonnes in 2024 to nearly 104 tonnes in 2025, with the ASM sector contributing almost half of total exports.

Dr Danquah noted that while gold exports have boosted the country’s foreign exchange earnings, Ghana continues to forgo significant value because it lacks sufficient capacity to refine its gold locally.

He reiterated government’s objective of ensuring that gold is refined locally by 2030 to increase value addition, create jobs and enhance earnings from the sector.

He further noted that the recently enacted Virtual Asset Act and the Securities and Exchange Commission’s regulatory sandbox provide a framework for developing tokenised gold products and related financial services.

GoldBod is also advocating gold-backed securities and other asset-backed financial products, arguing that they could lower borrowing costs, reduce credit risk and expand access to finance.

He called for stronger collaboration among regulators, financial institutions and industry players – while encouraging Ghanaians to participate in the emerging gold-tokenisation ecosystem to support investor confidence and long-term economic growth.