Best Places to Buy Gold Bars in Africa (2025) – Legally & Safely
Best Places to Buy Gold Bars in Africa (2025) – Legally & Safely
Want to buy gold bars in Africa? This 2025 guide reveals trusted suppliers in Ghana, Cameroon, DRC, required documents like the CEMAC Buyers Permit, and how to ship securely. Avoid scams – Learn More.
Why Buy Gold Bars from Africa?
Africa produces 30% of the world’s gold, offering competitive prices for investors. Key markets:
- Ghana (Top producer)
- Cameroon (CEMAC-regulated exports)
- DRC (High reserves, high risk)
- South Africa (LBMA-certified refineries)
⚠️ Warning: Always verify suppliers to avoid scams (read our scam guide).
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).
📌 Tip: Use JT Shipping Group for insured transport.
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).
Customs Tips:
✔ Declare gold as “Precious Metal” with HS code 7108.13.00.
✔ Pay duties upfront to avoid seizures (Full guide).
How to Avoid Scams
🚨 Red Flags:
- Sellers refusing CEMAC permits or purity tests.
- Requests for Western Union/crypto payments.
✅ Safe Practices:
- 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).
Need Help? Contact CEMAC Buyers Permit Team.
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