Ghana has made significant progress in improving ownership transparency through the digitisation of its beneficial ownership register and stronger compliance mechanisms, according to the Extractive Industries Transparency Initiative (EITI).
Since the launch of the Opening Extractives programme in 2021, the number of beneficial ownership declarations has surged from 24,256 to 175,984 as of 30 September 2025 — an increase of more than 600 per cent.
This marks one of the most notable improvements in corporate disclosure and digital transparency in the country’s extractive governance framework.
The Opening Extractives initiative, jointly implemented by EITI and Open Ownership, has supported Ghana in the legal implementation of ownership disclosure reforms, data collection and quality improvement, and the integration of ownership data into licensing, permitting, and contracting processes.
According to EITI, Ghana’s progress has also enhanced coordination among government agencies and boosted their capacity to collect and effectively use beneficial ownership data.
Civil society groups and investigative journalists are now leveraging the data to identify corruption risks, trace politically exposed interests, and strengthen public oversight of the extractive sector.
