The Ubuntu Tribe (TUT) signs deal with 31African countries to accelerate Africa's Digital Transformation.

The Ubuntu Tribe (TUT) signs deal with 31African countries to accelerate Africa’s Digital Transformation.
1 June 2021
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The Ubuntu Tribe (TUT) ,  company focused on natural ressources  tokenization ,  has signed a collaboration framework with Smart Africa  Alliance .  Smart Africa Alliance is a Panafrican Initiative   endorsed by African Heads of States,  mobilizing  and  repr esenting 31  African governments.  The partnership  specifically  aims   to  cooperate and collaborate towards enhancing , expandi ng and facilitating  blockchain   ( distributed ledger  technology )   in Africa ,  in  particular assets tokenization as  a driving force to the acceleration of digital economy.

The collaboration involves amongst others  strengthening capacity and awareness on distributed ledger technologies among government and business leaders . The partnership shall also include   deployment of recommendations, programs and projects supporting Smart Africa’s contribution to a  Panafrican  Digital Assets Policy Framework .

From a content perspective, TUT will emphasize  in particular on  tokenization of natural resources awareness (particularly gold)  as a means to  wealth  creation   and   leapfrog into digital economy for African Nations . TUT envisages to pilot the deployment of its gold tokenization services in a few member countries of Smart Africa  Alliance  with a view  at a later stage  to further scale among  other  member countries.  All member countries of Smart Africa  Alliance  represent  a market exceeding 7 5 0 million people.   Africa holds 45% of the global gold deposit.  Gold has proven to be a stable  and valuable  asset across human history  regardless of geographies and civilizations. Over the past 20 years gold has gained 500%.

Lacina   Koné , Director General of Smart Africa,  said,  “Smart Africa is pleased  to welcome  TU T   in to the Smart Africa Alliance.  Our vision is to t ransform  Africa into a single digital market  and partnering  with  TU T  will help us achieve our goal.  Smart Africa  strongly  believe s  in  tech nology driven innovative  solutions   that  can  solve African problems, because  only then  can  we  help Africa leapfrog into the 4IR  and be competitive on the global market. ”

Mamadou Kwidjim TOURE , Founder  & CEO  of TUT ,  added  “ It was pleasure  to meet and enga ge with  Ministers o f member countries and   p artnering with Smart Africa Alliance . This  is a major step  forward  for TUT   in terms of endorsement and commitment to the digital transformation of the continent.  Africa is rich in natural resources,  tokenizi ng   and providing universal access to  gold in particular  is a unique opportunity to  interconnect 1.3 billion people through trade and include 1.3 billion brains and talents into the global economy  through digital innovations . We hope to   re-establish a balance  and  truly  provide equal access to opportunities regardless of wealth at birth or place of birth .

About  TUT

T UT  democratizes  digital ownership of gold and  set up a  100%  gold back ed digital token (GODL ) . GODL is a digital gold certificate   available on mobile phones from as low as Euros5 cents. Leveraging on the liquidity, global acceptance and stability of gold, the company offers greater ease to unbanked population in Africa and other emerging markets to wealth creation, financial inclusion access to global economy .  The gold backing of GODL will be sourced mainly across Africa via ethical and environmental friendly mining processes transparently tracking gold digitally from ground to vault enabling improved standard of living to local mining communities.

About Smart Africa

Smart Africa is a bold and innovative commitment to accelerate sustainable socioeconomic development on the continent and usher Africa into the knowledge economy through affordable access to broadband and usage of ICT.
The Smart Africa alliance brings together heads of state who want to accelerate the digitalization 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 Ma nifesto, the Alliance now has  3 1  memb er countries, representing almost 7 5 0 million people.

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