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Fresh Start: Kamlesh Pattni Makes Major Money Moves in Niger - Nairobi Wire

Summary by Nairobi Wire
Niamey has handed controversial Kenyan businessman Kamlesh Pattni a fresh lifeline, signing him up to build the country’s first home-grown gold refinery and gemstone hub. The agreement, inked on Wednesday, 23 April 2025, creates Royal Gold Niger SA, a joint venture between Niger’s government and Dubai-registered Suvarna Royal Gold Trading LLC, where Pattni is chief executive. Nigerien ministers Abarchi Ousmane (Mines) and Mamane Sidi (Budget) pr…
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Nairobi WireNairobi Wire

Fresh Start: Kamlesh Pattni Makes Major Money Moves in Niger - Nairobi Wire

Niamey has handed controversial Kenyan businessman Kamlesh Pattni a fresh lifeline, signing him up to build the country’s first home-grown gold refinery and gemstone hub. The agreement, inked on Wednesday, 23 April 2025, creates Royal Gold Niger SA, a joint venture between Niger’s government and Dubai-registered Suvarna Royal Gold Trading LLC, where Pattni is chief executive. Nigerien ministers Abarchi Ousmane (Mines) and Mamane Sidi (Budget) pr…

·Nairobi, Kenya
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Financial AfrikFinancial Afrik

Niger joins Emirati company to launch gold refinery

On Wednesday 23 April in Niamey, the Nigerian government signed a partnership agreement with the Emirate company Suvarna Royal Gold Trading to create a gold refinery and precious stone processing units. This initiative is part of the national strategy to enhance added value in the steel industry.

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Financial Afrik broke the news in on Thursday, April 24, 2025.
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