- UBA Engages Ghana Gold Board to Deepen Strategic Partnership
United Bank for Africa Plc has reaffirmed its commitment to supporting Ghana’s economic transformation and the growth of the country’s gold ecosystem through strategic partnerships and innovative financial solutions.
As part of the move, UBA Plc’s Executive Director for Digital Banking, Emmanuel Lamptey, and Group Executive for Treasury and Financial Institutions, Samuel Ocheho, led a high-level delegation to engage the leadership of the Ghana Gold Board.
The delegation met the Chief Executive Officer of GoldBod, Sammy Gyamfi, to explore strategic partnership opportunities and business support solutions for the Board, gold aggregators and other players across the gold value chain.
The discussions focused on leveraging UBA’s pan-African banking network, digital banking capabilities, treasury services, trade facilitation solutions and value-chain financing expertise to support the formalisation and growth of Ghana’s gold trading sector.
Speaking during the engagement, Mr Lamptey said partnerships between financial institutions and strategic sectors of the economy remain critical to sustainable growth and economic transformation.
“At UBA, we believe strong partnerships are fundamental to unlocking sustainable economic growth. Ghana’s gold sector presents significant opportunities for value creation, trade expansion, and financial inclusion. Through our digital banking platforms, trade solutions, and pan-African network, we are well positioned to support stakeholders across the gold value chain with innovative and efficient financial services,” he said.
Mr Ocheho also emphasised the importance of structured financial support and treasury solutions in strengthening Ghana’s evolving gold ecosystem.
“The transformation of Ghana’s gold sector requires strong institutional collaboration, efficient treasury management, transparent trade systems, and access to financing solutions that can support aggregators, exporters, and businesses operating within the ecosystem. UBA remains committed to deploying its expertise and regional capabilities to support this important national agenda,” he stated.
Mr Gyamfi welcomed the engagement and underscored the importance of strategic private sector collaboration in advancing reforms within the gold trading industry.
“Gold remains one of Ghana’s most strategic national assets, and the reforms being undertaken through GoldBod are aimed at creating a more transparent, formalised, and value-driven sector that contributes meaningfully to economic growth and foreign exchange generation. Partnerships with strong financial institutions such as UBA are critical in supporting players across the value chain and building a globally competitive gold ecosystem,” he said.
The engagement forms part of wider efforts to deepen collaboration between financial institutions and key sectors of Ghana’s economy to drive investment, trade, digital transformation and sustainable development.
For Ghana, the partnership conversation comes at a time when gold remains central to export earnings, foreign exchange inflows and broader macroeconomic stability.
The formalisation of the gold trading sector is also expected to improve transparency, support traceability, strengthen value retention and widen access to finance for legitimate operators across the chain.
For UBA, the engagement positions the bank to play a larger role in one of Ghana’s most strategic sectors by combining banking, treasury, trade and digital payment solutions.
