Sudan’s gold exports brought in $1.5 billion in the first ten months of 2024, according to an official, as the country relies heavily on gold amid severe economic challenges caused by ongoing conflict.
Gold exports have become vital since fighting disrupted 80% of public revenues, essential for importing critical goods like fuel and wheat.
Mohamed Taher Omer, head of the Sudanese Mineral Resources Company, stated at an economic forum that $1.5 billion was transferred to the central bank from January to October.
While 26 tonnes were officially exported, actual production exceeded 50 tonnes, with much smuggled due to weak regulation of the artisanal mining sector.
