Best Places to Buy Gold Bars in Africa (2025) :Legally & Safely
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Best Places to Buy Gold Bars in Africa (2025) ? Legally & Safely
Why Buy Gold Bars from Africa?
- Ghana (Top producer)
- Cameroon (CEMAC-regulated exports)
- DRC (High reserves, high risk)
- South Africa (LBMA-certified refineries)
Step 1: Find Trusted Gold Suppliers
1. Cameroon
- Requires a CEMAC Buyers Permit for legal exports.
- Recommended dealer: Bonas Gold.
2. Ghana
- Licensed sellers under PMMC (e.g., Gold4Africa).
3. DRC & Tanzania
- Conflict-free certifications required (Kimberley Process).
Step 2: Legal Documents You Need
- CEMAC Buyers Permit (Apply here) ? Mandatory for Central Africa.
- Proforma Invoice ? From your supplier.
- Purity Certificate ? LBMA or ISO-accredited.
- Export License ? Country-specific (e.g., Ghana?s PMMC).
Step 3: Shipping & Customs
- Air Freight: Fast but costly (DHL/FedEx).
- Ocean Freight: Cheaper for bulk (e.g., 10kg+).
- Insurance: Non-negotiable (cover 110% value).
✔ Declare gold as ?Precious Metal? with HS code 7108.13.00.
✔ Pay duties upfront to avoid seizures (Full guide).
How to Avoid Scams
- Sellers refusing CEMAC permits or purity tests.
- Requests for Western Union/crypto payments.
- Visit mines in person or hire a local agent.
- Use escrow services (e.g., PandaDoc).
Final Checklist
- ✅ Supplier verified (e.g., Bonas Gold).
- ✅ CEMAC Permit obtained.
- ✅ Shipping insured (e.g., JT Shipping).
Best Places to Buy Gold Bars in Africa (2025) ? Legally & Safely
Why Buy Gold Bars from Africa?
- Ghana (Top producer)
- Cameroon (CEMAC-regulated exports)
- DRC (High reserves, high risk)
- South Africa (LBMA-certified refineries)
Step 1: Find Trusted Gold Suppliers
1. Cameroon
- Requires a CEMAC Buyers Permit for legal exports.
- Recommended dealer: Bonas Gold.
2. Ghana
- Licensed sellers under PMMC (e.g., Gold4Africa).
3. DRC & Tanzania
- Conflict-free certifications required (Kimberley Process).
Step 2: Legal Documents You Need
- CEMAC Buyers Permit (Apply here) ? Mandatory for Central Africa.
- Proforma Invoice ? From your supplier.
- Purity Certificate ? LBMA or ISO-accredited.
- Export License ? Country-specific (e.g., Ghana?s PMMC).
Step 3: Shipping & Customs
- Air Freight: Fast but costly (DHL/FedEx).
- Ocean Freight: Cheaper for bulk (e.g., 10kg+).
- Insurance: Non-negotiable (cover 110% value).
✔ Declare gold as ?Precious Metal? with HS code 7108.13.00.
✔ Pay duties upfront to avoid seizures (Full guide).
How to Avoid Scams
- Sellers refusing CEMAC permits or purity tests.
- Requests for Western Union/crypto payments.
- Visit mines in person or hire a local agent.
- Use escrow services (e.g., PandaDoc).
Final Checklist
- ✅ Supplier verified (e.g., Bonas Gold).
- ✅ CEMAC Permit obtained.
- ✅ Shipping insured (e.g., JT Shipping).
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