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    Home»Nigeria Business»Firm Chief Asks Africa To Invest In Global Gold Value Chain
    Nigeria Business

    Firm Chief Asks Africa To Invest In Global Gold Value Chain

    NigeriaNewzBy NigeriaNewzNovember 16, 2025No Comments2 Mins Read
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    African governments and companies have been charged to take a eager curiosity within the increasing world gold sector.

    The attraction was made by the manager director of Tropical Common Investments (TGI Group), Mudassir Amray, on the just-concluded Gold Highway Present.

    He described gold as “a metallic of technique” and “a firewall towards inflation” for African economies.

    The occasion introduced collectively central bankers, policymakers and institutional buyers to discover Africa’s rising position within the world gold worth chain.

    In his presentation, titled “The Bridge Between Belief, Worth and Monetary Sovereignty for Africa,” Amray mentioned the latest rally, which noticed gold cross the $4,300 mark for the primary time in historical past, displays a broader world shift in belief, capital, and energy.

    In an announcement issued yesterday by the corporate on the roadshow held on November 7, 2025, the corporate mentioned, “For years, gold was seen as a metallic of magnificence.At this time, it stands as a metallic of technique, politically impartial, immediately liquid, and a firewall towards inflation and forex depreciation.”

    He said that Africa produces over 40% of the world’s gold however captures lower than 2% of its monetary worth and known as for a stronger concentrate on home worth addition.

    “We export uncooked and import completed wealth,”  Amray said.

    He described the continued native initiatives by Kian Smith Gold Refinery as essential steps towards sustainable worth seize and industrial progress.

    Amray additionally joined a high-level dialogue with Bolaji Balogun, founder and CEO of Chapel Hill Denham, moderated by Bode Oyetunde of the African Growth Financial institution (AfDB), which centered on the coverage, infrastructure and funding frameworks wanted to combine gold into Nigeria’s monetary system.

    The Gold Roadshow Africa ended with a shared dedication among the many individuals to strengthen coverage alignment, promote non-public sector funding, and advance native processing to drive inclusive and sustainable progress throughout the continent’s gold worth chain.

     

     



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