The Horn of Africa continues to experience a devastating drought, creating a historic food crisis in the region. Food insecurity has hit Somalia ... particularly hard, where some 7 million people have been affected. But President Hassan Sheikh Mohamud’s recent deal on khat imports has made many question his priorities.
Goetz and his network of companies, the US treasury department said, were involved in movement of gold valued at hundreds of millions of dollars per year from the DRC. “The illicit movement of gold provides revenue to armed groups that threaten the peace, security, and stability of the DRC,” the department said in a statement.
“More than 90 percent of DRC gold is smuggled to regional states, including Uganda and Rwanda, where it is then often refined and exported to international markets, particularly the UAE,” the department further noted.