A significant new alliance has been formed to transform how Africa manages, monitors, and monetizes its vast mineral resources by harnessing the power of blockchain technology. LifeSite, creator of the Web3 tokenization platform TokenX, has joined forces with the Africa Minerals Strategy Group (AMSG), Verichain Technologies, and GTIF Capital under the banner of the Africa Minerals Tokenization Initiative (AMTI).
Forging a Digital Ecosystem for Africa’s Minerals
Through this collaboration, the partners aim to deliver a comprehensive digital framework that will allow African nations to take greater control and ownership of their mineral assets. The initiative aims to enhance transparency and traceability in mineral sourcing—two areas that have historically been prone to opacity and exploitation—while facilitating monetization and responsible investment on a global scale.
The partnership brings together:
- AMSG’s continental policy mandate
- LifeSite’s cutting-edge TokenX tokenisation platform
- Verichain Technologies’ expertise in blockchain security
- GTIF’s experience in infrastructure and fintech solutions
Moses Engadu, Secretary-General of AMSG, emphasized that this joint venture is more than just a technological upgrade—it’s a strategic push toward Africa’s financial sovereignty, ensuring nations can fully control and benefit from their natural resources today and for generations to come.
How Blockchain Will Enhance Mineral Wealth Management
By digitizing physical minerals into tradable blockchain tokens, the initiative aims to:
- Unlock new liquidity sources for mineral-rich nations
- Attract borderless, responsible investment
- Enable real-time, end-to-end visibility into mineral extraction and trade
- Allow countries to assign, manage, and derive value directly from mineral resources
Chris Wong, CEO of LifeSite, described the partnership as a blueprint for redefining mineral asset ownership across Africa, opening the door for economic empowerment and more equitable wealth distribution through blockchain innovation.
Setting New Standards for Investment and Sustainability
This partnership positions Africa at the forefront of the rapidly growing Real-World Asset (RWA) tokenization movement, with analysts projecting the global market for tokenized real-world assets to surpass $16 trillion by 2030.
By leveraging blockchain for mineral management, AMTI partners expect to set a new benchmark for sustainable investment, inclusive value creation, and enhanced financial sovereignty across emerging markets, not just for current citizens, but for future generations as well.
Africa, abundant in mineral reserves, now has a roadmap to capture, protect, and multiply its resource wealth, placing advanced digital infrastructure at the heart of its drive for economic transformation.
