Alisa Davidson
Printed: 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 Temporary
Mamadou Toure, founding father of Ubuntu Tribe, will communicate at Cryptofest South Africa on utilizing blockchain and AI to drive monetary inclusion, transparency, and financial progress in Africa.
Mamadou Kwidjim Toure, founding father of Ubuntu Tribe and acknowledged by Forbes as one in every of Africa’s High 10 Most Influential Males, is scheduled to talk at Cryptofest South Africa, discussing how blockchain and synthetic intelligence might foster inclusive progress, transparency, and sustainable financial improvement 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 adjustments in international gold markets and highlights Africa’s potential to guide in creating extra clear and accessible monetary programs.
The report additionally underscores a big 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 scale back illicit flows and make sure that miners and native economies profit from the continent’s sources.
Mamadou Toure attracts on his intensive expertise in improvement finance, having labored for greater than a decade with multilateral establishments in Washington, DC, earlier than founding Ubuntu Tribe. His resolution to depart the sector was motivated by a recognition that conventional monetary programs typically fail to serve the communities they’re meant to help.
“I labored in improvement finance as a result of I wished to stage the taking part in subject,” stated Mamadou Kwidjim Toure in a written assertion. “However I spotted we had been pushing on a string. The system was designed in a approach 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 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 obtainable for as little as $0.10, making gold possession accessible to a wider vary of traders. 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 Firms, which has facilitated over $300 million in treasured 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 in every of Africa’s main cryptocurrency and blockchain occasions, Toure will talk about how blockchain and synthetic intelligence can create new pathways for financial progress on the continent, enhancing monetary inclusion, rebuilding belief in programs, 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 develop its presence and foster partnerships throughout the area. The crew 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 symbolize Ubuntu Tribe on the G20 / World 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 Creator
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits 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, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
Extra articles
