The Ndege Group, Africa's Sovereign Development Trust - ASDT

Ndege Gold

Last update: May 11, 2026 Last update: May 11, 2026

Details

Location:Burundi, Dem. Rep. Congo, Gabon, ...
Burundi, Dem. Rep. Congo, Gabon, Kenya, South Sudan, Tanzania, Uganda
Category:Goods, Works, Non-consulting services
Status:Awarded
Sectors:Social Development, Transport, Extractive Industry
Languages:English
Funding Agency:
Contracting authority type:Development fund / programme
Eligibility:Organisation
Budget: EUR 500,000,000
Date posted: Oct 16, 2025

Attachments 0

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

A New Frontier in Ethical Gold Production

 

The Vision: As a direct implementation action of the African Federation Treaty Framework© (AFTF) and operating under The African Rare Earth Mineral Fund©, The Ndege Group®, Africa’s Sovereign Development Trust® (ASDT), established a strategic joint venture to acquire and operate approved gold sites in the Democratic Republic of Congo, Uganda, Burundi, South Sudan, Ghana, and Liberia. The project formalises and modernises the gold sector, moving away from artisanal extraction methods towards a transparent, industrialised, and community-anchored process. With operations anchored in the DRC, every ounce extracted is tracked on the OmniGaza® blockchain platform from earth to vault, ensuring that the wealth generated reaches the communities above whose soil it was found.

Capital Allocation: North of €500M

Expected Impact: This partnership has been designed as a direct catalyst for regional economic growth and stability across six member territories. By working through entities compliant with local jurisdictions, the Trust has created a secure, ethical, and profitable gold supply chain that generates government tax revenue, creates high-skill employment, supports grassroots social infrastructure, and delivers a sovereign African gold product to global markets, fundamentally redefining the continent’s relationship with its own mineral wealth.

Project Name: Ndege Gold

Project ID: NG-TENDER-2025-008

 

Overview

The Ndege Group®, Africa’s Sovereign Development Trust®, sought a strategic joint venture partner to acquire and operate approved gold mines and refineries across Uganda, South Sudan, and the Democratic Republic of Congo. As a direct implementation action of the African Federation Treaty Framework, the successful partner was required to develop a transparent and ethical mining supply chain, modernise operations to international standards, and fully integrate the OmniGaza® blockchain platform for real-time resource tracking. Following a rigorous rolling assessment process, this tender was formally awarded to LINC Holdings International SARL in February 2026.

 

Strategic Partnership Secured

Awarded Partner: LINC Holdings International SARL

Led by Mr. Caleb Tacy Musubao and headquartered in Kinshasa, Democratic Republic of Congo, LINC Holdings International SARL brings decades of established operational presence and extractive industry credibility across the DRC, Gabon, Ghana, and Liberia. The entity has demonstrated sophisticated capability in coordinating ethical extraction and export operations with local cooperatives, military authorities, and government regulators across multiple African jurisdictions.

  • Operational Architecture: LINC Holdings International SARL’s deep-rooted relationships with regulatory frameworks in DRC, Burundi, Kenya, South Sudan, Tanzania, and Uganda align directly with the Trust’s requirement for partners conversant with complex local governance structures. Central to the partnership is the establishment of an international testing and processing centre at Northlands, Ruiru, Kenya, serving as the sovereign hub for testing, processing, hallmarking, vaulting, tokenisation, and blockchain-verified sales through the Ndege MarketPlace©.

  • AFTF Alignment: Every gold bar extracted, refined, and hallmarked under this joint venture carries an immutable digital record on the OmniGaza® blockchain platform. At the point of extraction, the Trust has committed to delivering grassroots social infrastructure including clinics, schools, resource centres, and barter trading canteens, where artisanal suppliers deposit gold value amounts subject to XRF verification and SGS-confirmed reporting, managed directly by ASDT’s geologists.

  • Sovereign Capitalisation: Pursuant to African Federation Treaty Framework Addendum No. 047 (Ref: 2026/HQ/AFTF/ADD001), the partnership operates within a Phase I anchor capitalisation target of $2.5B USD, with a Phase II sovereign reserve valuation horizon of $5B USD by 2035, recorded as an institutional benchmark within the Treaty’s financial annex.

Original Scope of Work

The original tender required the successful partner to deliver across the following key areas:

  • Joint Venture Management: The establishment and co-management of a joint venture entity focused on operational and regulatory compliance across Uganda, South Sudan, and the DRC, with dedicated Special Purpose Vehicles retaining majority shareholding in all concessions.

  • Mining and Refining Operations: The comprehensive management of all mining and refining operations including resource extraction, processing, quality control, and export logistics across several thousand square kilometres of concession territory.

  • OmniGaza® Blockchain Integration: As a direct implementation action of the African Federation Treaty Framework, the full implementation of the OmniGaza® platform to record and track every stage of the supply chain in real time, from grassroots artisanal deposit through to Nairobi Over-the-Counter deals and international trade.

  • Ethical and Safety Standards: Ensuring all operations adhere to the highest international standards for worker safety, environmental protection, community engagement, and artisanal dignity in full compliance with Article 12 of the African Federation Treaty Framework.

  • Regulatory Compliance: Demonstrating a deep understanding of, and sustained compliance with, the legal and regulatory frameworks governing the mining sectors in all operational territories across the six AREMF member nations.

 

Eligibility Requirements Satisfied

Pedigree
LINC Holdings International SARL demonstrated extensive experience in the mining and resources sector across multiple African jurisdictions, with established operational presence in the DRC, Burundi, Gabon, Ghana, and Liberia.

Demonstrated Success
The firm, its registered associations and trading companies evidenced certified export tonnage in addition to a strong portfolio of complex stakeholder management involving government regulators, military authorities, and registered cooperatives across Central and West Africa.

Operational Expertise
Proven capability in ethical extraction coordination and export operations aligned with international standards and governance frameworks with impressive local community support for all its initiatives and commercial activities in line with the AFTF.

Fiscal Strength
LINC Holdings Ineternational SARL provided comprehensive financial documentation and proof of creditworthiness through established banking relationships with Equity BCDC.

Ethical Governance
Full alignment with the Trust’s commitment to transparency, community benefit, and blockchain-verified accountability under the African Federation Treaty Framework.

 

Submission Requirements Satisfied

Company Profile
A comprehensive and detailedComplete legal and operational profile submitted and verified through the Trust’s KYC process. profile of the bidding entity, encompassing its complete legal structure, ownership framework, and the identification of key personnel involved in its management and operations.

Project Proposal
Comprehensive multi-territory operational methodology submitted, evaluated, and approved through the rolling assessment programme.

Financial Proposal
Full financial models submitted and reviewed under the African Federation Treaty Framework’s institutional valuation standards.

Portfolio of Experience
Documented evidence of comparable operations across Central and West Africa verified through the due diligence process.

Legal and Compliance Documentation
All regulatory compliance records confirmed across operational territories in the DRC, Burundi, Uganda, Ghana, Gabon and Liberia.

 

Looking Forward

Africa’s Sovereign Development Trust® and LINC Holdings International SARL are advancing swiftly towards full operational commencement. The joint venture entity is being structured to ensure optimal regulatory compliance across all operational territories, whilst mobilising technical teams, securing site access, and advancing the OmniGaza® blockchain integration process. Significant operational announcements are anticipated throughout 2026 as mining operations scale and the Ruiru sovereign processing centre becomes fully operational.For all formal inquiries, please declare your by completing The Trust's official KYC form or requesting additional information via the email address below.

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About the Sectors

Social Development

Includes measures for improving well-being, inclusion, and resilience of individuals and communities through social services and protection systems.


Key areas:
  • Social inclusion and social cohesion programs
  • Social protection systems and safety nets
  • Social care services
  • Community development and vulnerable groups support

Transport

Involves initiatives related to the movement of people, goods, and resources through land, water, and air transport systems.


Key areas:
  • Land transport infrastructure and services
  • Railways, metro, and tramway construction
  • Air transport operations and air traffic systems
  • Water transport and navigable waterways

Locations

Burundi

Burundi faces significant infrastructure deficits, particularly in energy, water and utility services, which constrain private sector growth and broader development. Recent investments co‑financed by the World Bank, African Development Bank, European Investment Bank and the European Union have expanded electricity generation through new hydroelectric plants and are improving access to clean water and sanitation services for hundreds of thousands of people. Ongoing sector reforms aim to strengthen institutional performance and attract private participation in service delivery. Despite these gains, national electrification rates and infrastructure coverage remain low, highlighting the need for sustained investment, improved governance and expanded connectivity to support inclusive economic growth.

Nr. of tenders: 12584
Nr. of grants: 3173
Nr. of donors: 642
Nr. of jobs: 30

Dem. Rep. Congo

The Democratic Republic of the Congo has stepped up infrastructure investment to strengthen connectivity and stimulate economic development, including road rehabilitation, airport upgrades and improved access to markets supported by external financing from multilateral partners. Infrastructure remains critical given the country’s vast size and low access to electricity and reliable transport; projects such as road corridor development and expansion of trade logistics aim to unlock mineral value chains and agricultural markets. Strengthening institutional frameworks, enhancing public-private partnerships and improving governance are key to translating these investments into inclusive growth and diversification beyond resource exports.

Nr. of tenders: 20184
Nr. of grants: 3929
Nr. of donors: 733
Nr. of jobs: 66
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