Ubuntu Tribe (TUT) signs agreement with 31 African countries to accelerate Africa’s digital transformation

The partnership with Smart Africa Alliance is a major step towards the digital transformation of the continent, says Mamadou Touré

The Ubuntu Tribe (TUT) signs an agreement with 31 African countries to accelerate Africa’s digital transformation.

It was a pleasure to meet and dialogue with ministers from member countries and to partner with Smart Africa Alliance. “

– Mamadou Kwidjim Touré

TUNIS, TUNISIA, June 1, 2021 /EINPresswire.com/ – The Ubuntu tribe (TUT), a company specializing in the tokenization of natural resources, has signed a collaboration framework with Smart africa Alliance. Smart Africa Alliance is a pan-African initiative endorsed by African heads of state, mobilizing and representing 31 African governments. The partnership specifically aims to cooperate and collaborate to improve, expand and facilitate blockchain (distributed ledger technology) in Africa, in particular the tokenization of assets as a driving force behind the acceleration of the digital economy.

Collaboration involves, among other things, capacity building and awareness of distributed ledger technologies among governments and business leaders. The partnership will also include the deployment of recommendations, programs and projects supporting Smart Africa’s contribution to a Pan-African policy framework on digital assets.

From a content perspective, TUT will place particular emphasis on tokenization of awareness of natural resources, especially gold, as a means of wealth creation and leap into the digital economy for African nations. TUT plans to pilot the deployment of its gold tokenization services in a few Smart Africa Alliance member countries with a view, at a later stage, to further expand among other member countries. All Smart Africa Alliance member countries represent a market of over 750 million people. Africa holds 45% of the world’s gold deposit. Gold has proven to be a stable and valuable asset throughout human history, regardless of geography and civilization. Over the past 20 years, gold has gained 500%.

Lacina Koné, Managing Director of Smart Africa, said: “Smart Africa is pleased to welcome TUT to the Smart Africa Alliance. Our vision is to transform Africa into a digital single market and a partnership with TUT will help us achieve our goal. Smart Africa strongly believes in innovative technology driven solutions that can solve African problems, because only then can we help Africa jump into 4IR and compete in the global market.

Mamadou Kwidjim TOURE, Founder and CEO of TUT, added: “It was a pleasure to meet and dialogue with ministers from member countries and to work in partnership with Smart Africa Alliance. This is a major step forward for TUT in terms of endorsement and commitment to the continent’s digital transformation. Africa is rich in natural resources, symbolizing and providing universal access to gold in particular is a unique opportunity to interconnect 1.3 billion people through trade and to include 1.3 billion brains and talents. in the global economy through digital innovations. We hope to restore a balance and provide genuinely equal access to opportunity regardless of birth wealth or place of birth.

About TUT

TUT is democratizing digital ownership of gold and implementing a 100% Gold Digital Token (GODL). GODL is a digital gold certificate available on mobile phones starting at 5 cents. Leveraging the liquidity, global acceptance and stability of gold, the company offers greater ease to the unbanked population in Africa and other emerging markets for wealth creation, access financial inclusion to the global economy. GODL’s gold support will primarily come from across Africa through ethical and environmentally friendly mining processes, seamlessly tracing gold digitally from the ground to the vault, improving the standard of living of mining communities. local.

About Smart Africa

Smart Africa is a bold and innovative commitment to accelerate sustainable socio-economic development on the continent and bring Africa into the knowledge economy through affordable access to broadband and the use of ICTs.
The Smart Africa alliance brings together heads of state who want to accelerate the digitization of the continent and create a common market. Launched in 2013 by seven African heads of state at the Transform Africa summit in Kigali, who jointly adopted the Smart Africa Manifesto, the Alliance now has 31 member countries, representing nearly 750 million people.

The Ubuntu tribe
The Ubuntu tribe
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