Alisa Davidson
Revealed: November 12, 2025 at 9:40 am Up to date: November 12, 2025 at 8:40 am
Edited and fact-checked:
November 12, 2025 at 9:40 am
In Transient
Mamadou Toure, founding father of Ubuntu Tribe, will converse at Cryptofest South Africa on utilizing blockchain and AI to drive monetary inclusion, transparency, and financial development in Africa.
Mamadou Kwidjim Toure, founding father of Ubuntu Tribe and acknowledged by Forbes as one among Africa’s Prime 10 Most Influential Males, is scheduled to talk at Cryptofest South Africa, discussing how blockchain and synthetic intelligence might foster inclusive development, transparency, and sustainable financial growth throughout the continent.
Ubuntu Tribe’s just lately revealed Gold for All Report means that tokenized gold has the potential to unlock $50 billion for Africa’s unbanked inhabitants inside 5 years. The report analyzes structural modifications in world gold markets and highlights Africa’s potential to steer in creating extra clear and accessible monetary techniques.
The report additionally underscores a major problem for the continent: over 400 tonnes of gold, representing greater than 10% of worldwide output, are smuggled out of Africa yearly, an issue described because the “elephant within the gold pipe.” It recommends on-chain traceability to cut back illicit flows and be certain that miners and native economies profit from the continent’s assets.
Mamadou Toure attracts on his in depth expertise in growth finance, having labored for greater than a decade with multilateral establishments in Washington, DC, earlier than founding Ubuntu Tribe. His resolution to go away the sector was motivated by a recognition that conventional monetary techniques usually fail to serve the communities they’re meant to assist.
“I labored in growth finance as a result of I wished to degree the enjoying area,” mentioned Mamadou Kwidjim Toure in a written assertion. “However I spotted we have been pushing on a string. The system was designed in a manner that perpetuated exclusion. That’s once I knew we wanted to construct one thing completely different,” he added.
Ubuntu Tribe launched $GIFT Gold to deal with a key problem highlighted in its report: though gold has lengthy been acknowledged as a dependable retailer of worth, buying bodily gold normally calls for substantial capital, with a typical gold bar priced at round $65,000.
GIFT Gold overcomes this barrier by means of tokenization, the place every token corresponds to 1 milligram of bodily gold held in audited vaults in Zurich, Stuttgart, Copenhagen, and Dubai, with particular person tokens out there for as little as $0.10, making gold possession accessible to a wider vary of buyers. The platform operates underneath European VASP licensing and complies with MiCA laws, with each token backed by allotted, serialized, and insured bodily gold.
Ubuntu Tribe is a part of the Ubuntu Group of Corporations, which has facilitated over $300 million in valuable metals transactions throughout 5 continents within the final ten years.
Mamadou Toure To Spotlight Blockchain And AI-Pushed Financial Empowerment Throughout Africa
At Cryptofest, one among Africa’s main cryptocurrency and blockchain occasions, Toure will focus on how blockchain and synthetic intelligence can create new pathways for financial development on the continent, enhancing monetary inclusion, rebuilding belief in techniques, and increasing entry to property and applied sciences historically restricted to rich people and establishments.
Ubuntu Tribe plans to actively take part in main African fintech and blockchain occasions to increase its presence and foster partnerships throughout the area. The staff will attend the Africa Stablecoin Summit in Johannesburg (Nov 12–13) to assemble market insights and analyze the native crypto panorama, interact with improvements in fintech and digital transformation at Africa Tech Week in Cape City (Nov 12–14), and take part in panel discussions and model initiatives at Crypto Fest in Cape City (Nov 14). Later in November, Mamadou Toure will characterize Ubuntu Tribe on the G20 / International Coverage Home Discussion board in Johannesburg (Nov 22–23), contributing to high-level discussions with central banks, regulators, and multilateral organizations.
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About The Writer
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
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Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
Extra articles
