Yvan Schulz News Today

DAKAR (AP): Billons of dollars in gold is smuggled out of Africa each year and most of it ends up in the United Arab Emirates (UAE), where it is refined and sold to customers around the world, according to a report published Thursday. Over US$30...

Between 32% and 41% of gold produced in Africa was not declared. In 2022, Ghana was the largest gold producer in Africa, followed by Mali and South Africa, it said.

Africa is experiencing a

Billons of dollars in gold is smuggled out of Africa each year and most of it ends up in the United Arab Emirates, where it is refined and sold to customers around the world, according to a report published Thursday. Over $30 billion worth of gold, or more than 435 metric tons, was smuggled out…

Most of it ends up in the United Arab Emirates

United Arab Emirates. Turkey and Switzerland are the main destinations