Search

Ghana’s $65mn gold deal with Trafigura could reshape how Africa funds its mines

Gold mine. Photo by István Mihály @ Pixabay
Gold mine. Photo by István Mihály @ Pixabay
  • $65mn Trafigura deal revives historic Ghana gold mine
  • New financing model reshapes African mining partnerships

 

ACCRA, GHANA – A $65 million financing and offtake deal in Ghana’s gold sector is emerging as a test case for how African mining could be funded, owned, and traded.

The agreement between global commodities trader Trafigura and Heath Goldfields centres on the restart of the Bogoso–Prestea mine — one of West Africa’s oldest gold operations — and signals a broader shift in how capital, control, and supply chains are being restructured across the continent.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Sammy Gyamfi, CEO of Ghana Gold Board. Photo credit: Ghana Gold Board
Sammy Gyamfi: the young CEO behind Ghana’s new gold revolution
Read More »
A vast array of solar panels, symbolising renewable energy. Photo by Quang Nguyen Vinh @ Pexels
How Eskom's $65mn renewable push could position Africa as a clean-power powerhouse
Read More »
People selling fresh fruits at the market in Addis Ababa, Ethiopia. Photo by Atypeek Dgn @Pexels
Can Ethiopia’s sweeping reforms finally unlock Africa’s next growth engine?
Read More »

Recent Politics

A protester holding the Kenyan flag during a demonstration in Nairobi's streets. Photo: @Pexels
How Ruto’s fuel policies triggered public outrage in Kenya
Read More »
French President Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France win Anglophone Africa after Sahel influence collapse?
Read More »
French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »

Latest Posts

Latest news insights