#SouthSudan's emerging gold market is quickly becoming a popular choice for traders in Africa, according to a 2023 report by Organized Crime and Reporting Project (OCCRP). In 2020, the country's gold exports to the United Arab Emirates and #Uganda alone totalled more than 3,000 kilograms, bringing in US$110 million for the young nation. This figure is believed to be a fraction of what the industry can dig up. However, over-reliance on #oil as the major source of revenue means the country has yet to harness the full economic potential of this precious mineral.
Business Development Consultant (Energy, Oil and Gas, Mining)
10moIt is indeed a good move to diversify the sources of income of the country