UAE promises more market for East Africa’s gold
Sep 03, 2024
Speaking to the media, Blaze Metals Chief Executive Officer, Prince Oheneba Kofi Poku promised to invest in changing the narrative, in the entire mineral value chain for East Africa Minerals to trade easily on the world’s precious metal markets.

UAE promises more market for East Africa’s gold

Sarah Nabakooza
Journalist @New Vision
Blaze Metals, a leading mining and metals company based in Dubai, United Arab Emirates has attained United Nations Global Compact participation status and also committed support for East Africa‘s Precious Metal value chains with capacity for responsible sourcing standards.
The UN Global Compact is the world’s largest corporate sustainability initiative that supports businesses and firms worldwide to adopt sustainable and socially responsible policies.
Speaking to the media, Blaze Metals Chief Executive Officer, Prince Oheneba Kofi Poku promised to invest in changing the narrative, in the entire mineral value chain for East Africa Minerals to trade easily on the world’s precious metal markets.
The company also seeks to help East African artisanal and small-scale miners who dominate the sector to formalize their businesses, a development that will enhance mineral traceability and certification scheme and reduce mineral smuggling and illegal exploitation of tin, tungsten, tantalum, and gold.
Prince Poku added that they will also actively engage in supporting and advancing the Sustainable Development Goals (SDGs), particularly in areas where the company’s operations can have the most significant impact.
This will reduce environmental degradation practices through land restoration measures, support artisanal and small miners to acquire skills in safe mining practices, environmentally friendly mining techniques, access to efficient tools, proper health and safety tools, and supporting community projects such as education and health care to reduce the risks associated with mining
“We are committed to creating long-term value for our customers and industry stakeholders while ensuring that our operations contribute positively to the environment and the communities where we operate. This membership reflects our core values and enhances our ability to contribute to global sustainability efforts,” Poku said.
This comes at a time when many commodity economies, currently in a tight corner, need swift policy shifts to scale up action to fast-track the transition towards a nature-positive future. This means global consumers are increasingly concerned about the environmental impact of the products they buy.