Today’s announcement of UK sanctions on individuals and companies linked to Sudan’s gold trade exposes a stark reality: while civilians are being killed, displaced and starved, others are profiting from the conflict through illicit gold and shadow financial networks.
Billions of dollars’ worth of gold leave Sudan through illicit channels every year, helping sustain a war that has devastated communities, destroyed livelihoods and created the world’s worst humanitarian crisis. Behind the fighting on the ground lies a sophisticated web of financiers, procurement operatives, traders and companies converting natural resources into weapons, logistics and military capability.