News

Cameroon Unveils Measures to Curb Gold Smuggling to the UAE

Cameroon Unveils Measures to Curb Gold Smuggling to the UAE
Tuesday, 30 December 2025 16:00
  • Cameroon to close non-compliant artisanal gold sites from January 2026

  • Move follows EITI report highlighting major gold export discrepancies

  • Government seeks tighter oversight and shift toward industrial mining

Cameroon will shut down certain artisanal and small-scale gold mining (ASM) sites from January 2026 as part of efforts to curb smuggling, Mines Minister Fuh Calistus Gentry said on Monday, December 29.

The closures will target sites that do not operate closed-loop ore processing systems, Gentry said. The decision follows a report by the Extractive Industries Transparency Initiative (EITI), which found a 15-ton gap between Cameroon’s official gold exports and the volumes other countries reported importing from the country, notably the United Arab Emirates.

The government also plans to tighten oversight of gold production through the state-owned mining company SONAMINES, which is mandated to purchase domestic output. With no industrial gold mines currently in operation, authorities say they want to promote industrial mining projects, whose production is easier to track.

According to the EITI, Cameroon officially exported just 22.3 kg of gold in 2023. In the same year, international trade data show that countries imported 15.2 tons of gold attributed to Cameroon, more than 90% of which went to the UAE. Dubai has emerged as a global hub for the gold trade, including metal originating from opaque supply chains. Swiss NGO SWISSAID estimates that the UAE imported 748 tons of African gold in 2024.

Gold produced in Cameroon is almost entirely from artisanal and small-scale mining, which, as in many African countries, operates without feasibility studies that would allow the state to forecast output,” Gentry said. He added that porous land borders also facilitate the smuggling of gold mined in neighboring countries and exported to the UAE while being declared as Cameroonian in origin.

The effectiveness of the new measures will be assessed in the months following their implementation. Some African countries have recorded progress through efforts to formalize artisanal mining and strengthen state purchasing agencies, including Burkina Faso, where the National Precious Substances Company (SONASP) purchased 29.56 tons of ASM gold in the first nine months of 2025, up from 5.57 tons in the same period of 2024.

Emiliano Tossou

On the same topic
Nigeria misses 2025 targets under Presidential CNG Initiative About 300 centers, 40 stations built since 2023 Government aimed for 500 centers, 150...
Puleng Pitso, Investment Officer at Ninety One | Emerging Africa and Asia Infrastructure Fund (EAAIF), explains how the fund acts as the architect of...
Supreme Court rules 6–3: IEEPA does not authorise the President to impose tariffs. Constitutional principle upheld: taxing power belongs exclusively to...
IMF Board completes 4th ECF review, unlocking $33.2M disbursement and bringing total support to $165.8M since September 2023. Burkina...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...

Three Countries Drove 70% of Africa’s M&A Deal Value in 2025
03

Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...

Nigeria: Investigation on Chinese Owned Temu Regarding Privacy Breach Concerns for Local Users
04

The main point of contention between Niamey and France’s Orano concerns the uranium stock extracted ...

Niger-France uranium dispute: How 156 tonnes became 156,000 in global reporting
05

China’s initiative aims to address the imbalances that have long characterised bilateral trade relat...

China to scrap tariffs on imports from 53 African partners from May 1
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.