To enable Africans build Africa not just in word, but in capital, capacity and community,the Africans for Africa Fund (AfA Fund), has been launched.

This groundbreaking initiative, stemming from the collaborative efforts of Core International, Motimosé Metals, Africa Minerals Strategy Group and Allied Trust Asset Management, aims to empower Africans to take an active and equitable role in harnessing their vast mineral wealth.

The initiative which was recently launched at the African Natural Resources and Energy Investment Summit (AFNIS) 2025 in Abuja, brings about an new era for African ownership in the continent’s lucrative mining sector.

In his speech during the launch, the Managing Director of the Africans for Africa Initiative, Tim Tokun,challenged prevailing myths about resource consumption and highlighted Africa’s immense potential.

Tokun emphasised that despite claims of the global North “getting more from less” in terms of material consumption, global extraction of resources continues 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 statistic underscores the enduring importance of mining as the bedrock of civilisation, with Africa proudly hosting 35% of all global mineral resources.

He said:”For too long, African nations and communities have primarily benefited from resource rent, a model that often fails to trickle down to the grassroots. The AfA Fund seeks to fundamentally decouple from these traditional economic structures, which have historically favoured the global North.True sovereignty extends beyond flags and football teams to energy sovereignty and mineral sovereignty.”