Case Study
Ghana
Associated commodity
Associated commodity
Associated commodity
Associated crime
Source
Gold smuggling from Ghana to the United Arab Emirates

According to ENACT Africa, most of the illegally mined gold in Ghana is smuggled through clandestine networks to the United Arab Emirates. Ghana reportedly lost about US$1.1 billion in revenue from gold exports from 2019 to 2021. In Al Jazeera’s documentary Gold Mafia, which focused on gold trafficking in Africa, Alistair Mathias, a Canadian citizen, claimed to smuggle about US$40 million worth of gold out of Ghana every month to launder money for several African heads of state. In an interview, Mathias stated that “I can move as much as I want wherever I want for the most part... See, the best thing with gold is it is cash.”

Keywords
Sub-Saharan Africa, Ghana, Middle East, United Arab Emirates, Minerals, Gold, Money Laundering, Smuggling, Corruption & Bribery, Commodity Supply