The ground-breaking initiative stems from the collaborative efforts of Core International, Motimosé Metals, Africa Minerals Strategy Group and Allied Trust Asset Management with the aim of empowering Africans to take active and equitable role in harnessing their vast mineral wealth.

Tim Tokun, managing director of ‘Africans for Africa Initiative’, during the launch, highlighted Africa’s immense potential as he emphasised that despite claims of the global North about getting more from less in terms of material consumption, global extraction of resources, he said, has continued to accelerate.

“In 2021 alone, more materials were mined from the earth than the sum total extracted from the dawn of humanity through to 1950. This staggering statistics underscores the enduring importance of mining as the bedrock of civilisation with Africa proudly hosting 35% of all global mineral resources.