Ghana’s Mining sector to expand due to surging gold exports

Ghana is capitalizing on its gold exports to drive economic growth, with revenues increasing to $11.6 billion in 2024 – a 52.6% increase from the $7.6 billion recorded in 2023. Gold exports accounted for 57% of the country’s total export revenue, solidifying the industry’s role as a key contributor to GDP expansion. Notably, small-scale miners contributed $5 billion to the sector’s export revenue.

As Ghana continues to enhance gold production and exports, the upcoming Mining in Motion Conference will connect global investors with opportunities in Ghana’s gold value chain. The event will facilitate deal signings and strengthen trade relations with Ghana’s leading gold export markets.

While Ghana has maintained its position as Africa’s largest gold producer, it has also emerged as a key supplier to international markets. Asia ranks as the primary importer of Ghanaian gold, followed by Europe and Africa