United Bank for Africa has deepened its engagement within Ghana’s gold sector following a high-level meeting between senior executives of the bank and the leadership of Ghana Gold Board.
The engagement brought together UBA’s Executive Director for Digital Banking Emmanuel Lamptey and Samuel Ocheho, the Group Executive for Treasury and Financial Institutions, who met with the Chief Executive Officer of GoldBod, Samuel Gyamfi, to discuss strategic partnership opportunities and business support solutions for GoldBod, aggregators, and stakeholders across Ghana’s gold value chain.
The discussions centered on leveraging innovative financial solutions to strengthen the country’s gold trading ecosystem. Key areas explored included digital banking services, treasury management, trade facilitation, and value-chain financing aimed at improving efficiency and supporting sustainable growth within the industry.
The meeting also highlighted the growing importance of collaboration between financial institutions and industry regulators as Ghana intensifies reforms in the gold trading sector through GoldBod. Current reforms are focused on enhancing traceability, promoting formalisation, encouraging value addition, boosting foreign exchange generation, and ensuring long-term sustainability in the industry.
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Officials noted that partnerships of this nature could create stronger economic opportunities for businesses and individuals operating within the gold sector while helping to modernize financial operations across the value chain.
Gold continues to remain one of Ghana’s most strategic economic resources, contributing significantly to export earnings and national revenue. The engagement between UBA and GoldBod reflects a shared commitment to supporting industry players, empowering value-chain actors, and contributing meaningfully to Ghana’s economic transformation and development.