For decades, gold has been the bedrock of Ghana's economy. The nation is Africa's largest gold producer and the world's sixth-largest, accounting for nearly 40% of total exports. But beneath the glitter of bullion lies a deeply troubled sector where corruption, regulatory failure, and a fractured relationship between government and mining companies are bleeding the country of the very wealth it should be generating. A picture is emerging of a sector that has been mismanaged at almost every level, and a system where political influence peddling, opaque financial oversight, and the weaponisation of corporate social responsibility (CSR) obligations have created a perfect storm of lost opportunity.
Ghana's gold sector faces scrutiny over governance and revenue leakage
Reports highlight systemic mismanagement in Africa's top gold producer, raising questions about the sustainability of state-funded infrastructure projects.
GC=FGold (Comex)
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African Gold Sector Crisis