The Society intends to establish a permanent bead collection in Ghana, along with a bead reference library. Among its other aims, the society wants to produce and publish an encyclopedia of the beads which are found, traded and made in Ghana. This encyclopedia will include the names, sources, and usage of various beads in order to maintain the heritage of them before they disappear into obscurity or to other continents. They also aim to encourage local bead production, and to seek contact with other bead societies, bead historians and collectors. The Ghana Bead Society is currently dormant, not holding any meetings.
Since its conception, the Society has continually met to discuss beads and share information on subjects as "the making of bauxite beads", a lecture by Prof. Bredwa Mensah, and "Beads, copies and imitations" by Prof. Van Landewijk, both of Legon University.