By: Energy capital & power

H.E. Moses Micheal Engadu, Secretary General, African Strategy Minerals Group (ASMG) has presented a new five-pillar mining architecture plan designed to unlock greater value from the continent’s mineral resources.

With a focus on monetization, value addition, and inclusive development, the framework aims to drive employment, boost local economies, and reposition Africa as a global leader in mineral resource governance.

“We have a generational opportunity to break the curse of oppression and use our minerals to bring prosperity to those suffering and to our continent,” stated Engadu during the Mining in Motion 2025 Summit in Accra, Ghana on Tuesday.

The first pillar, exploration before extraction, focuses on strengthening Africa’s geo-mapping and exploration capacity. Engadu announced the creation of a Pan-African Exploration Fund to support member states’ efforts in this area.

“When we map our land ourselves, we control our own future,” he said, emphasizing that improved exploration can reduce environmental harm caused by uninformed and illicit mining activities.

The second pillar, processing where we produce, is aimed at curbing the export of raw minerals and promoting in-country mineral processing.

“No more should our minerals be exported and re-imported at 100 times the price. We must stop exporting wealth and importing poverty,” Engadu stated.

The third pillar, culture, community, and custodianship, acknowledges the role of traditional communities and leadership in mineral governance.

Addressing the financing gap in African mining, the fourth pillar, access to financing, leverages digital innovation. Engadu emphasized the potential of tokenization to fund infrastructure and support artisanal and small-scale mining (ASGM).

“Technology allows us to tap global capital markets without relying solely on traditional financing. With tokenization already exceeding $16 trillion globally, we now have a path to capital sovereignty,” he said.

Meanwhile, the fifth pillar, responsible sourcing as a shared standard seeks to harmonize responsible mining practices across African nations.