Independent Gold Trade Consultant · East Africa

Where African Gold Meets Global Capital

I help serious buyers safely enter the East African gold market — and help African sellers close real international deals. No brokering. Direct expertise on the ground.

Gold bars secured for export
Igor Portonenko — gold consignment Nairobi Kenya
4
Countries · KE · UG · TZ · DRC
For Buyers

You want to buy gold in Africa. I make it safe and real.

Entering the African gold market without local knowledge is costly and risky. I structure the entire operation — from sourcing to delivery at your refinery.

For Sellers

You have gold to sell. I connect you to the world.

International buyers have specific requirements on documentation, quality, pricing and procedures. I bridge the gap and help you meet those standards.

How It Works

From First Contact to Final Delivery

A structured, transparent process built on years of field experience across East Africa and the Gulf.

1
Consultation
We define your goals, budget, volume and timeline.
2
Due Diligence
KYC, AML checks, source verification. Compliance first.
3
Sourcing & QC
On-site inspection, XRF purity testing, accredited assay.
4
Documentation
Export permits, government clearances, insurance binders.
5
Logistics
Secure transport, Brink's escort, customs clearance.
6
Settlement
Delivery at destination refinery. Deal closed cleanly.
From the Field

See the Reality of African Gold Trade

Real operations — not stock footage. Small-scale mining, processing and handling across East Africa.

Field Operations
Field Operations · East Africa
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Artisanal Mining
Artisanal Mining · Small Scale
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Gold Processing
Gold Processing · On Site
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Export Preparation
Export Preparation · Documentation
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Areas of Expertise

Deep Knowledge. Practical Experience.

Built through years of hands-on experience and established business partnerships across East Africa and the Gulf.

01
Transaction Structuring & Deal Architecture
Collateral Management Agreements, escrow mechanisms, payment security. Structuring deals that protect all parties and close.
02
Regulatory Compliance & Government Relations
TMAA, DGSM, CEEC, ICGLR RCM export documentation. Established working contacts with regulatory authorities across 4 countries.
03
Quality Control & Assay
XRF Niton field testing, accredited laboratory assays, fire assay verification, sealed sample protocols.
04
Fraud Prevention & Risk Management
Deep knowledge of common fraud schemes in the African gold market. Protecting buyers from costly mistakes.
05
Local Market Knowledge
Trusted business partnerships with miners, traders, smelters, refineries, lawyers and insurers across Kenya, Uganda, Tanzania and DRC.
06
Logistics & Chain of Custody
End-to-end secure logistics from mine to airport. Brink's/Malca-Amit escort, customs clearance, DMCC delivery in Dubai.
Igor Portonenko

I was born in the USSR, but my real office is the sky between the savanna and the skyline. A handshake is still stronger than a contract — but the paperwork had better be perfect.

I work independently as a consultant and deal facilitator in the East African gold market. My clients are serious buyers looking to enter the African market safely, and African sellers who need a trusted partner to navigate international requirements.

Through years of working in Kenya, Uganda, Tanzania and DRC, I have built trusted business contacts and established partnerships — with miners, government officials, lawyers, inspectors and refineries. This network of reliable relationships is what makes deals work.

I do not broker. I do not hold inventory. I structure transactions, protect my clients and make sure deals close the right way.

Igor Portonenko
Independent Consultant · Gold Trade · East Africa & Gulf
Field Intelligence

The East African Gold Chain

13-part series opening the backroom of gold trading from Tanzania, Kenya, Uganda, and DRC. Real data, real procedures, real costs.

Full Series · 13 Posts
AfriRoute Gold: End-to-End Precious Metals Export

Geology · Licensing · Export · Logistics · Refineries · Country Comparison · Strategy

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Post 1 · Introduction
AfriRoute Gold: End-to-End Precious Metals Export
Full-cycle supply chains from Tanzania, Uganda, Kenya, and DRC to Dubai & Doha. Core operations overview.
Read more ↓

We handle gold doré (97–98%) and concentrates across the full supply chain.

  • Compliance — export permits (TMAA, DGSM, CEEC, iTSCi)
  • Quality Control — on-site assay and verification at source
  • Safe Logistics — fully insured air freight (Brink's, Malca-Amit)
  • Refinery Delivery — direct to LBMA-certified refineries in Dubai & Qatar
No brokering. Route engineering with direct checkpoint control.
Post 2 · Tanzania
🇹🇿 Tanzania: Geology and Reserves. Facts Without the Hype
East Africa's leading producer. ~50–60 tonnes annually. Real entry points for traders explained.
Read more ↓
  • Lake Victoria Goldfields — ~70% of industrial production. Grade: 3–5 g/t
  • Lake Tanganyika Goldfields — High-grade alluvial. ~1.5–2M artisanal miners
  • Central Dodoma Belt — Underexplored, new licences since 2022

Total resources: 80+ million ounces. Major mines (Barrick, AngloGold) closed to external buyers. Primary flow → ASM cooperatives, 400–800 kg/year per cooperative.

Tanzania = predictable geology + developed infrastructure + substantial ASM sector.
Post 3 · Tanzania
🇹🇿 Export Permits and the Doré Strategy
Why professionals choose doré 97–98% over 999.9%. Complete documentation and cost breakdown.
Read more ↓

Documentation required:

  • Export Permit (TMAA) — 5–7 days, $500–1,500
  • Assay Certificate — accredited laboratory
  • Certificate of Origin
  • Refinery Certificate (~1 kg bars after smelting)
  • Insurance — Brink's or Malca-Amit mandatory

Fees: Royalty 6% + Inspection 1% + Admin $200–400

Why doré wins: Speed (5–7 days to shipment), broad Dubai buyer pool, one final refining instead of two.
Post 4 · Tanzania
🇹🇿 Refineries and Export Preparation
Key refineries, capabilities, financial incentives. Choosing the right facility for doré bullion.
Read more ↓
  • MPMR Mwanza — Largest in East Africa, up to 480 kg/day. State-private (25% Stamico)
  • Geita Gold Refinery — Primary LBMA candidate. AngloGold Ashanti partnership
  • Eyes of Africa (EOA) — Flexible for small/medium batches, Bank of Tanzania program
Tax incentives: Royalty 4% (vs 6%) when selling to BoT. VAT 0% on gold to licensed refineries. 20% domestic refining mandate since July 2024.
Post 5 · Tanzania
🇹🇿 Air Logistics to Dubai & Qatar
Real costs for a $1–2M shipment (~50 kg). Routes, security providers, insurance rates.
Read more ↓
  • Primary: Dar es Salaam → Dubai (Emirates Cargo, ~5h 20min)
  • Alternative: Dar es Salaam → Doha (Qatar Airways, daily)

Real costs (~50 kg):

  • Guarding to airport: $1,200–2,000
  • Air freight: $3,500–6,000
  • Insurance (All Risks): 0.8–1.5% of value
  • Dubai/Doha clearance: $1,000–2,000
Total: 1.2–2.2% of shipment value.
Post 6 · Kenya
🇰🇪 Kenya: Geology and Refining Reality
Output could grow 10–20× from ~1 tonne/year. Key discoveries, geological belts, tax incentives.
Read more ↓
  • Isulu-Bushiangala (Shanta Gold): 1.27M oz — largest discovery in Kenya's history
  • West Kenya licences: full production from 2026
  • Kakamega Greenstone Belt: 1.2M oz, historic since 1930s
Tax: 3% royalty for $50M+ projects. Kilimapesa refinery exports 98% doré to UAE/India. No LBMA accreditation yet, but growing direct export capability.
Post 7 · Kenya
🇰🇪 Kenya: Licensing and Export Realities
Mineral Dealer's Licence — shortest path. Export steps, hidden costs, realistic timelines.
Read more ↓

Mineral Dealer's Licence: 1 year renewable, $5,000–8,000. 6–10 weeks processing (digitized since 2024).

Export steps:

  • Purchase from ASM/small miners with origin documentation
  • Local processing to 98%+ doré bars
  • Export Permit — 7–14 days, 3–5% royalty
  • Air freight Nairobi (NBO) → DXB/DOH
Hidden costs: Transport to refinery $1,000–2,000. Licensing + admin $3,000–5,000.
Post 8 · Uganda
🇺🇬 Uganda: Geology and Strategic Gold Status
Gold classified as strategic mineral in 2022. Unique dual export system — Model A vs Model B.
Read more ↓
  • Karamoja Region: ~90% of national output. High silver content (natural electrum) — valued by Dubai refiners
  • Buhweju District: Rich alluvials up to 10 g/m³, historic since 1920s

Dual Export System:

  • Model A (doré 92–98%): Negotiated prices, 0.5% export levy, pricing flexibility
  • Model B (999.9%): LBMA pricing reference, ministerial approval required
Note: AGR lost LBMA accreditation in 2022 (OFAC sanctions). Euro Gold Refinery launched 2025 as replacement.
Post 9 · Uganda
🇺🇬 Uganda: Licensing and Export Procedures
Trader-friendly framework. Official 2025 MDL fees, requirements, export steps, key advantages.
Read more ↓

Mineral Dealers Licence (MDL) — 2025:

  • Fee: UGX 10,000,000 (~$2,600) + application UGX 500,000
  • Requirements: financial resources proof, audited accounts, office premises, URA tax clearance

Export procedure:

  • Valid MDL + supplier documentation
  • Export Permit from DGSM (per consignment)
  • URA clearance and fee payment
  • Certificate of Origin + authenticated assay
Key advantage: Negotiated pricing for doré — no state price fixation. 3–5 working days processing.
Post 10 · DRC
🇨🇩 DRC: Geology and High-Risk/High-Reward Regions
~50% of global cobalt, significant gold. Region-by-region security assessment. Viable entry points only.
Read more ↓
  • Ituri Province: Government-controlled. 5–15 g/t, 95% native nuggets. Viable with proper security
  • North Kivu: Active conflict — NOT recommended for standard operations
  • Kibali Mine (Haut-Uélé): Isolated from Kivu conflict. Industrial mining possible
ICGLR RCM mandatory for legal export (not iTSCi — that applies to 3T minerals). Without certification: confiscation risk.
Post 11 · DRC
🇨🇩 DRC Gold Export: Compliance Reality Check
Most regulated process in Central Africa. Full cost breakdown: licences, certifications, taxes, logistics corridor.
Read more ↓

Per-shipment mandatory costs:

  • ICGLR RCM validation: $200–500
  • CEEC Certificate of Origin: 0.176–1.5% of value
  • Royalty: 3.5% + Export tax: ~2%

Logistics: Bukavu/Goma → Kigali → Dubai

  • Ground transport (Brink's/PSC): $800–1,500
  • Air freight (Qatar Airways): $4,000–6,000/50kg
  • Insurance (Lloyd's/AIG): 0.5–1% of value
Why DRC: High-grade doré (90–95%), competitive ASM prices, DRC Gold Refinery launched 2026.
Post 12 · Comparison
Series Summary: East Africa Gold Export Comparison 2026
All 4 countries side-by-side. Licensing timelines, tax burden, logistics costs, entry recommendations.
Read more ↓

Entry-point recommendations:

  • New traders: Tanzania — offtake partnerships fastest, clear TMAA rules
  • Experienced operators: Uganda — MDL straightforward, dual system flexibility
  • Mining investors: Kenya — 3% royalty, West Kenya production from 2026
  • High-risk/high-reward: DRC — 3.5% royalty, competitive prices, security required

Tax comparison: Tanzania ~9–10% · Uganda $200/kg refined · Kenya 3% · DRC ~5.5–6%

Post 13 · Strategy
AfriRoute Strategy: Turning Analysis into Real Business
Partnership invitation. From $80,000 first shipment to $300,000+ infrastructure. Full-cycle operation model.
Read more ↓

What I deliver as quality & quantity control specialist:

  • Independent on-site assay — eliminating surprises at smelting
  • Full documentation verification (TMAA, DGSM, CEEC, ICGLR RCM)
  • Chain of Custody control — mine to Dubai offtaker
  • Logistics optimization — Brink's, Malca-Amit, or Transguard routing
  • Deal structuring — minimizing tax and FX exposure

Partnership model: Upstream · Midstream · Downstream

  • Direct contracts with licensed ASM cooperatives in Tanzania and Uganda
  • Refining at MPMR/GGR (Tanzania) or Euro Gold Refinery (Uganda)
  • Direct contracts with Dubai/Doha refiners for 97–98% doré
  • Escrow settlements via Dubai Islamic Bank or Standard Chartered Dubai
Start a Conversation →

Next series: Tax Optimization & Deal Structuring via UAE — Free Zones to Special Agreements.

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Let's Talk About Your Deal

Whether you are a buyer or a seller — the first step is a conversation. No commitments, no pressure.

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Telegram Channel
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Email
info@afriroute.org
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Igor Portonenko
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