The Ghana Gold Board (GoldBod) has announced that gold exports in April 2025 reached an unprecedented US$897.6 million, marking a historic milestone for the country’s gold industry. This achievement represents Ghana’s highest monthly gold export value in more than two years and provides a major boost to foreign exchange earnings.
The export of 9,295 kilograms of gold drove the surge, marking the largest monthly volume in the 28 months from January 2023 to April 2025. Since assuming office in January 2025, President John Dramani Mahama’s administration has pushed the sector on a strong upward path. Remarkably, April’s single-month earnings outpaced the total gold export value recorded in the first half of 2023
Since taking office, President Mahama’s government has prioritized the formalization and expansion of Ghana’s gold export framework. Analysts attribute the growth in both value and volume to recent policy interventions, including a renewed focus on value addition and transparency, stricter enforcement against illegal mining, and tighter regulatory oversight.
“This is a pivotal moment for Ghana’s mining sector,” a source at the Ministry of Lands and Natural Resources stated. “The nearly US$900 million in export revenue from gold in just one month is more than a figure—it is proof that targeted reforms are delivering results.”
Gold exports have already generated over US$2.7 billion, surpassing the US$2.19 billion earned in all of 2023. April’s performance reflects the continuation of a strong start to the year.
GoldBod supervises and certifies the country’s gold exports has improving efficiency and traceability across the value chain. Through collaborations with licensed exporters and refineries, the state has enhanced returns while reducing revenue leakages.
With global gold prices rising amid economic uncertainty, Ghana can sustain its momentum. Strong export performance will strengthen the cedi, boost foreign reserves, and expand fiscal space for national development initiatives.
Lastly, the turning point that redefined Ghana’s gold export potential and set the stage for new revenue ambitions.