Sudanese Minister says metal exchange to be established by end of March
Sudan's Finance Minister Jibril Ibrahim said on Wednesday the establishment of Sudan's Metal Exchange will be completed by the end of this month, according to a statement from the ruling Transitional Sovereign Council.
Ibrahim's comments came during a meeting with Mohamed Hamdan Dagalo, deputy head of the council that was formed after the October 25 military coup.
One of Africa's main gold producers, Sudan officially exported 26.4 t of the yellow metal in the first 9 months of 2021 and 25.2 t throughout 2020, Central Bank data shows. But officials estimate four times more is smuggled abroad.
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