Africa’s Sovereign Development Trust Announces €5B Series A to Advance Sustainable Development Across The Continent—May 2025
Nairobi, Kenya — The Ndege Group, Africa’s Sovereign Development Trust (ASDT), announced the launch of a €5 billion Series A funding round to drive transformative projects across Africa. This funding will support a diverse portfolio of sustainable development initiatives, including advancements in cargo aviation, a blockchain-based trading platform, and conservation efforts. Founded by David Okiki Amayo Jr., the Trust is seeking to empower communities and promote economic growth through ethical partnerships and its unique owner-operator model, inviting global partners to join its mission.
The Ndege Group Unveils $300M (200MW) Waste-to-Energy Plant in Nigeria, Signals African Sovereign Finance Revolution with OmniGaza — May 2025
Port Harcourt, Nigeria — The Ndege Group, Africa’s Sovereign Development Trust (ASDT), announced the launch of a pioneering $300 million waste-to-energy plant in Rivers State, Nigeria, in collaboration with Omene Energy. The Trust has also achieved a valuation of over $1 billion for its current funding rounds, a milestone that will accelerate the launch of OmniGaza, a blockchain platform designed to empower African nations with sovereign finance capabilities. The Trust, headquartered in Seychelles, emphasizes its commitment to transparency and advocates for asset-backed digital currencies to ensure Africa’s economic autonomy.