For the first time, gold dealer Alain Goetz gives his account of what went wrong when he attempted to turn Kigali into the gold-refining capital of the region. Read more theafricareport
, a company owned by Goetz, and Rwandan government-owned. Aldango started operating in June 2019. In January 2021, Rwandan officials suspended Aldango’s export licence, having already arrested several company employees.
Confiscation of the refinery, Goetz says, means a loss of about $20m. “We will pay for it for the next 20-25 years because it’s not our money,” he says. “We use peoples’ money who believe in us, who invest in us.”Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.
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