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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. He is fighting the case tooth and nail, raising concerns in government circles in Kigali, but also in Kampala and Kinshasa. [...]

Published on 30/08/2021 at 06:00 GMT Reading time 7 minutes

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Mining

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African Gold Refinery
Alain Goetz
Aldabra
Aldango Gold Refinery
Bert Luyten
Congo Gold Raffinerie
Dither
Equinox Mining
Erik Prince
Felix Tshisekedi
Francis Gatare
Frontier Services Group
Gerrit Hendrikx
Global Witness
Hilly Metals Investment
Jean de Dieu Mutunzi
Karen Vermaere
Karim Somji
Laurius
Ngali Holdings
Paul Kagame
Rwanda Development Board
Rwanda Mines, Petroleum and Gas Board
Rwanda Revenue Authority
Sakima
Sylvain Goetz
The Sentry
Tony Goetz
United Nations
Yoweri Museveni

Spotlight | DRC
Tshisekedi's South Kivu gold headache

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Subscribers only Mining, Commodity traders 19.01.2024

The President of the Democratic Republic of Congo Felix Tshisekedi with his Emirati counterpart Mohamed bin Zayed al-Nahyan in Abu Dhabi on 24 January 2023.

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.

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Rwanda
Bay View suffers setback in mining dispute with Kigali

The American company Bay View, which had sought arbitration with the Rwandan state for allegedly withdrawing its mining permit unfairly, appears to have suffered a setback at ICSID.

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DRC, Rwanda, Uganda
How Belgian entrepreneur Alain Goetz escaped UN sanctions

Just days before being placed under US sanctions, Belgian businessman Alain Goetz managed to avoid UN sanctions. UN investigators suspect him of playing an active role in the illicit trade in gold mined in conflict zones of eastern DR Congo.

Subscribers only Mining, Business 07.04.2022

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

Rwanda
Kigali turns a corner on environmental issues

President Paul Kagame's teams want to show that they are following the best international standards in Rwanda's mining sector. After revising its mineral export rules in an attempt to ensure traceability, they are now focusing on the environment.

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DRC, Uganda
Elgon Minerals may need to tap DRC gold for new Uganda refinery

The Chinese-owned firm has set up a subsidiary in the DRC while it builds a gold refinery in Uganda. Other Ugandan refineries, which mostly get their gold from the neighbouring country, have often been accused of playing into the hands of smugglers.

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Uganda
Future Busia refinery heightens gold smuggling concerns

The Ugandan authorities are already worried about gold being smuggled into the country from the DRC, and the Busia gold refinery project could see a rise in illegal trade from Kenya, Ethiopia and Somalia.

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Rwanda
Kagame to get prized coltan refinery by the New Year

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Subscribers only Mining 23.09.2021

Egypt
New arbitration interferes with Sisi's desire to reopen mines to foreign investors

The Egyptian president is keen to reopen the country's mines, which have long been a state monopoly, to foreign investors. At the same time, mining developer Mohamed A.R. Bahgat, one of the first private operators to venture into Egypt's mining sector, has filed multiple legal actions against the Egyptian state, from which he is claiming $120m.

Subscribers only Mining 07.09.2021

Spotlight | DRC, Rwanda, Uganda
DRC gold at heart of Museveni and Kagame's new showdown

Rwanda and Uganda are engaged in a tug of war over who will host the main transit route for gold mined in the DRC before it is shipped out of Africa. Both countries want the lucrative business for themselves and are hoping to force Kinshasa to choose between them, with Kigali in the lead.

Subscribers only Mining 23.08.2021

Rwanda's president Paul Kagame with his Ugandan counterpart Yoweri Museveni.

Africa
Ally Dorian Barak steps into Erik Prince's shoes at Frontier Services Group

Erik Prince stepped down from the board of security firm Frontier Services Group in mid-April, only to be replaced a few days later by a close business associate.

Subscribers only Defence, Mining, Business 26.04.2021

Dorian Barak replaced Erik Prince as non-executive director of the board of Frontier Services Group.

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

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African Gold Refinery
Alain Goetz
Aldabra
Aldango Gold Refinery
Bert Luyten
Congo Gold Raffinerie
Dither
Equinox Mining
Erik Prince
Felix Tshisekedi
Francis Gatare
Frontier Services Group
Gerrit Hendrikx
Global Witness
Hilly Metals Investment
Jean de Dieu Mutunzi
Karen Vermaere
Karim Somji
Laurius
Ngali Holdings
Paul Kagame
Rwanda Development Board
Rwanda Mines, Petroleum and Gas Board
Rwanda Revenue Authority
Sakima
Sylvain Goetz
The Sentry
Tony Goetz
United Nations
Yoweri Museveni

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

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Set up email notifications for these topics

Spotlight | DRC
Tshisekedi's South Kivu gold headache

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

Rwanda
Bay View suffers setback in mining dispute with Kigali

DRC, Rwanda, Uganda
How Belgian entrepreneur Alain Goetz escaped UN 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

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Kigali turns a corner on environmental issues

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Elgon Minerals may need to tap DRC gold for new Uganda refinery

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Future Busia refinery heightens gold smuggling concerns

Rwanda
Kagame to get prized coltan refinery by the New Year

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New arbitration interferes with Sisi's desire to reopen mines to foreign investors

Spotlight | DRC, Rwanda, Uganda
DRC gold at heart of Museveni and Kagame's new showdown

Africa
Ally Dorian Barak steps into Erik Prince's shoes at Frontier Services Group

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

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Alain and Sylvain Goetz in new gold refining play

DRC, Sierra Leone
CONGO TAKES NEIGHBORS TO COURT

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

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

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

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Spotlight | DRC Tshisekedi's South Kivu gold headache

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

Rwanda Bay View suffers setback in mining dispute with Kigali

DRC, Rwanda, Uganda How Belgian entrepreneur Alain Goetz escaped UN 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

Rwanda Kigali turns a corner on environmental issues

DRC, Uganda Elgon Minerals may need to tap DRC gold for new Uganda refinery

Uganda Future Busia refinery heightens gold smuggling concerns

Rwanda Kagame to get prized coltan refinery by the New Year

Egypt New arbitration interferes with Sisi's desire to reopen mines to foreign investors

Spotlight | DRC, Rwanda, Uganda DRC gold at heart of Museveni and Kagame's new showdown

Africa Ally Dorian Barak steps into Erik Prince's shoes at Frontier Services Group

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

Rwanda Gemstone traceability: Kigali plays golden boy, thumbs its nose at Kampala

Rwanda Jean de Dieu Mutunzi leaves tin smelter behind for gold refinery

Uganda Martello Risk, Goetz's way to counter The Sentry refinery jab?

Uganda Alain and Sylvain Goetz in new gold refining play

DRC, Sierra Leone CONGO TAKES NEIGHBORS TO COURT

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

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

Spotlight | DRC
Tshisekedi's South Kivu gold headache

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

Rwanda
Bay View suffers setback in mining dispute with Kigali

DRC, Rwanda, Uganda
How Belgian entrepreneur Alain Goetz escaped UN 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

Rwanda
Kigali turns a corner on environmental issues

DRC, Uganda
Elgon Minerals may need to tap DRC gold for new Uganda refinery

Uganda
Future Busia refinery heightens gold smuggling concerns

Rwanda
Kagame to get prized coltan refinery by the New Year

Egypt
New arbitration interferes with Sisi's desire to reopen mines to foreign investors

Spotlight | DRC, Rwanda, Uganda
DRC gold at heart of Museveni and Kagame's new showdown

Africa
Ally Dorian Barak steps into Erik Prince's shoes at Frontier Services Group

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

Rwanda
Gemstone traceability: Kigali plays golden boy, thumbs its nose at Kampala

Rwanda
Jean de Dieu Mutunzi leaves tin smelter behind for gold refinery

Uganda
Martello Risk, Goetz's way to counter The Sentry refinery jab?

Uganda
Alain and Sylvain Goetz in new gold refining play

DRC, Sierra Leone
CONGO TAKES NEIGHBORS TO COURT