Business
Recent Talks Between World Gold Council and Ghana’s GoldBod Signal Major Shift for Country’s Gold Economy
Ghana’s gold mining industry—long anchored by large-scale producers but increasingly shaped by artisanal and small-scale mining (ASM)—could be on the brink of a structural transformation.
This follows high-level talks between the World Gold Council (WGC) and the Ghana Gold Board (GoldBod) in Accra.
The meeting, led by WGC Chief Executive Officer David Tait and GoldBod CEO Sammy Gyamfi, focused on formalising the ASM sector and strengthening gold traceability systems, reforms that carry far-reaching implications for Ghana’s economy and its standing in the global gold market.
Why ASM Formalization Matters for Ghana

Artisanal and small-scale mining accounts for a significant share of Ghana’s gold output, but the sector has long been plagued by informality, environmental degradation, smuggling, and revenue leakages.
By aligning ASM operations with international traceability and responsible sourcing standards, Ghana stands to recover millions of dollars in lost export revenue while improving compliance with global supply-chain rules.
Analysts say improved traceability could make Ghanaian gold more attractive to international buyers, increasingly constrained by ESG (Environmental, Social and Governance) requirements, particularly in Europe and North America. This could strengthen foreign exchange inflows at a time when Ghana continues efforts to stabilise its currency and rebuild reserves.
Boosting Transparency and Global Confidence

According to officials, the WGC–GoldBod engagement explored deeper institutional collaboration to improve transparency across the gold value chain. Such reforms could help Ghana protect its reputation as Africa’s leading gold producer, while reducing the risk of its gold being linked to illicit trade or environmental harm.
For global investors, the move signals Ghana’s intent to align its gold industry with OECD and London Bullion Market Association (LBMA) expectations—standards that increasingly determine access to premium international markets.
Value Addition and Jobs Through Local Processing
A key highlight of the discussions was the possibility of establishing commercially viable and environmentally sustainable processing plants in Ghana to support ASM production. If implemented, such facilities could shift the country away from exporting largely unprocessed gold, creating local value addition, skilled jobs, and higher export earnings.
Economists have long said that local processing could also reduce illegal gold exports, retain more value within the domestic economy, and support the government’s broader industrialisation agenda.
A Strategic Moment for Ghana’s Mining Future
The engagement comes as Ghana reviews its broader mineral governance framework and seeks to balance economic growth with environmental protection.
Successful ASM formalisation could ease long-standing tensions between small-scale miners, regulators, and local communities, while positioning Ghana as a model for responsible gold production in Africa.
The talks between the World Gold Council and Ghana’s GoldBod constitute a major first step towards reforming Ghana’s promising gold sector.
Business
Young Self-Taught Black Inventor Julian Brown Develops Revolutionary Plastic-to-Fuel Technology
Atlanta, USA – A young Black inventor from Atlanta, Julian Brown, has stunned the scientific community and gone viral worldwide after developing a backyard process that converts everyday plastic waste into usable diesel, gasoline, and jet fuel.
Born in Tennessee and raised in Atlanta, Brown — a self-taught welder with no formal degree or laboratory — created a system called “Plastoline.”
Using an upgraded form of pyrolysis (a thermal decomposition process), enhanced with microwaves and solar energy for cleaner conversion, he built a small reactor capable of turning discarded plastics back into high-quality fuel.
Independent tests reportedly confirmed that the diesel and gasoline produced are among the most refined seen, and he has successfully powered vehicles with the fuel in live demonstrations.
Brown launched a startup called Nature Jab and began sharing his experiments on Instagram and TikTok, where the videos quickly gained millions of views globally. Despite suffering second-degree burns in a reactor explosion, he refused to abandon the project.
He attempted to raise $1 million to scale the technology but secured only tens of thousands of dollars. In July 2025, he posted that he was under attack before temporarily vanishing from public view.
He has since re-emerged, with supporters calling for his protection and greater investment in his work.
The innovation has sparked particular excitement across Africa, where plastic waste accumulates in massive quantities in landfills and communities.
Experts say Brown’s technology could offer a practical solution for turning waste into energy, addressing both environmental pollution and fuel shortages on the continent.
Commentators have criticised the lack of substantial support from investors and the broader community, questioning why a breakthrough with such transformative potential, especially from a young Black inventor, has not received wider backing.
Business
MTN Signals Major Data Center Investment Plans in Ghana
Accra, Ghana – MTN Group is exploring significant investments in data centers in Ghana as Part of its digital push.
The telecoms giant says the move is a natural extension of its broader digital infrastructure strategy in one of its most important African markets.
Group Chief Executive Officer Ralph Mupita made the announcement during a strategic visit to Ghana at the beginning of 2026. He said the company is keen to partner with both public and private stakeholders to develop large-scale data centers that would enhance cloud computing, data storage, and digital service capabilities across the country.
Mupita stated that such facilities are critical to supporting Ghana’s long-term digital transformation and economic growth.
He acknowledged, however, that establishing world-class data centers would require addressing key infrastructure challenges, particularly reliable power supply, suitable land, and advanced cooling systems. MTN is therefore considering collaborative models to ensure projects meet both commercial viability and sustainability standards.
During his engagements, Mupita held discussions with MTN Ghana’s leadership, regulators, and senior government officials, including the Bank of Ghana, the Ghana Investment Promotion Centre, and Minister for Communications, Digital Technology and Innovations, Sam George.
He described Ghana as a priority market that “feels like home” and reaffirmed the Group’s commitment to deepening investments in digital infrastructure and financial inclusion.
On the fintech front, Mupita highlighted plans to expand mobile money services while working closely with the central bank to strengthen fraud prevention through artificial intelligence.
The visit underscored MTN’s ambition to remain a key partner in Ghana’s digital economy, driving innovation, job creation, and inclusive growth.
MTN Ghana (Scancom PLC) is the dominant telecommunications market leader in Ghana and has been recognized as a top-performing operation within the MTN Group. The company is actively shifting from a traditional telco to a technology platform company, with a focus on fintech (Mobile Money) and digital inclusion.
Business
New Cashew Processing Plant and Fertilizer Facility to be Set Up in Ghana
Accra, Ghana – Ghana’s Ministry of Food and Agriculture has signed three Memoranda of Understanding with Chinese firm SENTUO Group Limited to drive agro-industrial growth through major new investments in processing, fertiliser production, and farmer support services.
The agreements, signed in Accra on Tuesday, include the establishment of a cashew processing plant at Sampa in the Bono Region and a fertiliser manufacturing facility. SENTUO will also roll out 30 Farmer Service Centres nationwide to improve access to quality inputs, mechanisation services, and technical support for farmers.

The projects are expected to create significant employment opportunities, particularly for young people, while enhancing value addition and reducing Ghana’s reliance on raw commodity exports.
Minister for Food and Agriculture Eric Opoku described the partnership as a major step toward the government’s Agriculture for Economic Transformation Agenda.
“We are ready to industrialise Ghana’s agriculture,” he said, adding that the cashew plant will process both nuts and apples to maximise returns across the entire value chain.
He emphasised the need to move from exporting raw produce to building a vibrant, value-driven agro-industrial economy.
The Chairman of SENTUO Group Limited, Xu Mingjuan, said the company’s nearly 20 years of operation in Ghana and the current government’s 24-hour economy policy had encouraged further investment. He confirmed that engineers have already started preliminary work on the projects.
The deals signal growing Chinese interest in Ghana’s agricultural transformation and are expected to strengthen food security, boost exports, and create sustainable jobs across the value chain.
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