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Goldbod model attracts Mozambique delegation as country considers gold market reforms

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By: Magdalene Andoh 

A high-level delegation from Mozambique’s Kimberley Process Management has completed a two-day study visit to Ghana to learn from the country’s gold trading and certification framework.

The Mozambican team, operating under the Ministry of Mineral Resources and Energy, oversees the legality of rough diamonds, precious metals, and gemstones. Their visit forms part of Mozambique’s broader efforts to reform and strengthen its gold market through effective institutional regulation.

The exchange programme centred on the operations of the Ghana Gold Buying and Distribution Company (Goldbod), which has become a key player in Ghana’s mineral economy, ensuring transparency and accountability in gold trading.

Welcoming the delegation, Deputy Chief Executive Officer of Goldbod, Richard Nunekpeku, Esq., outlined the company’s regulatory framework and operational structure. He highlighted Goldbod’s role in formalising the gold market, curbing illegal trading, and promoting value addition within the local mining industry.

The visit reflects growing regional interest in Ghana’s model for responsible mineral governance and could pave the way for deeper cooperation between Ghana and Mozambique in the extractive sector.

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