Foreigners face gold trading ban in Ghana beginning May 1

A newly established regulatory authority for gold exports in Ghana declared on Monday that foreign buyers will no longer be permitted to purchase or trade artisanally mined gold in the nation, which is Africa’s leading gold producer.

Starting May 1, all gold transactions must be conducted with licenses issued by the newly formed Ghana Gold Board, also referred to as GoldBod, as stated in an announcement from the organization.

Licenses…