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DRC, Uganda
Gold refiner Alain Goetz fights back against US and EU sanctions

The Belgian businessman is currently orchestrating his legal riposte to the Americans and Europeans from Dubai, his goal being to get the sanctions lifted both on himself and his businesses. [...]

Published on 14/04/2023 at 05:40 GMT Reading time 3 minutes

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Mining

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DRC
Adonia Ayebare
African Gold Refinery
Alain Goetz
Andrea M. Gacki
Ann Hilkmann
Bullion Refinery
Court of Justice
Erich Ferrari
EU
European Commission
European Union
John Musinguzi
Josep Borrell
Machanga
Metal Testing And Smelting Co
Office of Foreign Assets Control
Paul Bekaert
Sylvain Goetz
The Sentry
Tony Goetz
Uganda Revenue Authority
United Nations
Yoweri Museveni

Spotlight | Rwanda
Gold trader Alain Goetz sets legal guns on Rwanda and Western sanctions

The Belgian businessman, who specialises in refining and exporting gold from the Great Lakes region, claims Rwanda owes him tens of millions of dollars in compensation. At the same time, he is battling to persuade the US and EU to lift their sanctions on him.

Subscribers only Mining 14.11.2024

Belgian businessman Alain Goetz in Entebbe, Uganda, on 4 October 2018.

Uganda
Kampala embarrassed by two tonnes of missing gold

Uganda is seeking to dispel its reputation as a hotbed of illicit gold trading. But a recent report, which revealed major discrepancies between gold imports and exports and singled out several companies, shows that the country has a long way to go.

Subscribers only Mining, Commodity traders 23.11.2023

Gold being refined in a factory in Uganda.

Morocco
European Commission kicks Moroccan phosphates issue into touch

A few months ago, two MEPs raised the issue of the status of Moroccan phosphates imported into Europe, even though the Kingdom extracts them in Western Sahara.

Free access Mining 18.07.2023

DRC, Uganda
Washington refuses to lift sanctions on Alain Goetz

The Belgian businessman Alain Goetz is to remain on the sanctions list of the Office of Foreign Assets Control. The US treasury believes he still controls the various firms that have been used in illegal gold trading in Africa.

Subscribers only Mining 14.07.2023

Central African Republic
EU ambassador travels with airline under US sanctions

Douglas Carpenter, EU ambassador to Bangui, recently took a flight operated by Minair. That firm's parent company is the Central African mining company Badica, whose assets were frozen by the EU between 2015 and 2021 following UN sanctions, which have since been lifted.

Subscribers only Diplomacy 26.06.2023

Great lakes
Will US sanctions crush Museveni's ambitions for Congolese gold?

The Ugandan president was counting on DR Congo's entry into the East African Community to boost Congolese gold exports to his country. But US sanctions on Kampala's biggest gold refinery may dash those hopes.

Subscribers only Mining 30.03.2022

DRC, Uganda, United States
US Treasury unlikely to let Alain Goetz's Aldabra off hook over gold trafficking allegations

Although it has not been put on the sanctions list drawn up by the US Treasury, Alain Goetz's UAE company Aldabra is unlikely to escape punitive action by the US. The US sanctions have also put Uganda, where his African Gold Refinery is based, in a difficult position.

Subscribers only Mining 23.03.2022

In Focus | Great lakes, Rwanda
Belgian gold refiner Alain Goetz battles for his interests in the Great Lakes region

Belgian businessman Alain Goetz quit the management of his Ugandan gold refinery a few months ago after being found guilty of money laundering in Belgium. He is also facing accusations of tax evasion in Rwanda, where he is a shareholder in another refinery.

Subscribers only Mining 30.08.2021

Uganda
Accused of links to conflict minerals, African Gold Refinery fires broadside at EU

Uganda's African Gold Refinery has slammed the European Union's new mining traceability rules, which it says are designed to prevent Africa from processing ore locally. This attack appears to be a way of responding to accusations of being involved in the smuggling of gold from the Great Lakes region.

Subscribers only Mining 12.03.2021

Set up email notifications for these topics

DRC
Adonia Ayebare
African Gold Refinery
Alain Goetz
Andrea M. Gacki
Ann Hilkmann
Bullion Refinery
Court of Justice
Erich Ferrari
EU
European Commission
European Union
John Musinguzi
Josep Borrell
Machanga
Metal Testing And Smelting Co
Office of Foreign Assets Control
Paul Bekaert
Sylvain Goetz
The Sentry
Tony Goetz
Uganda Revenue Authority
United Nations
Yoweri Museveni

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DRC, Uganda
Gold refiner Alain Goetz fights back against US and EU sanctions

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Set up email notifications for these topics

Spotlight | Rwanda
Gold trader Alain Goetz sets legal guns on Rwanda and Western sanctions

Uganda
Kampala embarrassed by two tonnes of missing gold

Morocco
European Commission kicks Moroccan phosphates issue into touch

DRC, Uganda
Washington refuses to lift sanctions on Alain Goetz

Central African Republic
EU ambassador travels with airline under US sanctions

Great lakes
Will US sanctions crush Museveni's ambitions for Congolese gold?

DRC, Uganda, United States
US Treasury unlikely to let Alain Goetz's Aldabra off hook over gold trafficking allegations

In Focus | Great lakes, Rwanda
Belgian gold refiner Alain Goetz battles for his interests in the Great Lakes region

Uganda
Accused of links to conflict minerals, African Gold Refinery fires broadside at EU

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Africa Intelligence on social media

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About Africa Intelligence

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Indigo Publications' websites

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DRC, Uganda Gold refiner Alain Goetz fights back against US and EU sanctions

This article may be accessed by subscribers

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Set up email notifications for these topics

Spotlight | Rwanda Gold trader Alain Goetz sets legal guns on Rwanda and Western sanctions

Uganda Kampala embarrassed by two tonnes of missing gold

Morocco European Commission kicks Moroccan phosphates issue into touch

DRC, Uganda Washington refuses to lift sanctions on Alain Goetz

Central African Republic EU ambassador travels with airline under US sanctions

Great lakes Will US sanctions crush Museveni's ambitions for Congolese gold?

DRC, Uganda, United States US Treasury unlikely to let Alain Goetz's Aldabra off hook over gold trafficking allegations

In Focus | Great lakes, Rwanda Belgian gold refiner Alain Goetz battles for his interests in the Great Lakes region

Uganda Accused of links to conflict minerals, African Gold Refinery fires broadside at EU

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

DRC, Uganda
Gold refiner Alain Goetz fights back against US and EU sanctions

Spotlight | Rwanda
Gold trader Alain Goetz sets legal guns on Rwanda and Western sanctions

Uganda
Kampala embarrassed by two tonnes of missing gold

Morocco
European Commission kicks Moroccan phosphates issue into touch

DRC, Uganda
Washington refuses to lift sanctions on Alain Goetz

Central African Republic
EU ambassador travels with airline under US sanctions

Great lakes
Will US sanctions crush Museveni's ambitions for Congolese gold?

DRC, Uganda, United States
US Treasury unlikely to let Alain Goetz's Aldabra off hook over gold trafficking allegations

In Focus | Great lakes, Rwanda
Belgian gold refiner Alain Goetz battles for his interests in the Great Lakes region

Uganda
Accused of links to conflict minerals, African Gold Refinery fires broadside at EU