The Ndege Group® Unveils Ndege Money Whitepaper: A Technical Roadmap for Africa’s Sovereign Digital Currency
New research by David Okiki Amayo Jr. introduces asset-backed digital infrastructure on Coinbase’s Base, targeting €290B in annual losses and a multi-trillion Euro remittance market through sovereign-controlled financial rails.
Africa’s Sovereign Development Trust® (ASDT), the operational custodian of the African Federation Treaty Framework, today announced the publication of its latest working paper: “Ndege Money: Architecting Sovereign Digital Currency Infrastructure for African Economic Integration.” The whitepaper details a comprehensive strategy to resolve the €290 billion annual opportunity cost currently forfeited by the continent due to security fragmentation, illicit financial flows, and trade barriers (Ndege Group, 2025).
Authored by David Okiki Amayo Jr., Founder and Chairman of The Ndege Group®, the paper introduces Ndege Money as an asset-backed digital currency designed to operate on Coinbase’s Base Layer-2 infrastructure (Coinbase, 2025). This technical selection provides a secure, scalable, and low-cost environment with 2-second block times, whilst maintaining absolute African institutional control through the OmniGaza® governance substrate (CryptoEQ, 2024; Chainspect, 2025).
Disrupting the Remittance Tax
The architecture specifically targets the extractive "remittance tax" currently burdening the African diaspora. Whilst the United Nations Sustainable Development Goals target a 3 per cent transfer cost, Sub-Saharan Africa remains the most expensive region globally, with average costs for sending $200 standing at 8.78 per cent in Q1 2025 (World Bank, 2024). Ndege Money aims to reduce these costs to under 1 per cent by bridging traditional SWIFT rails, pro-African providers, and grassroots platforms like M-Pesa (Access Bank, 2025; World Bank, 2024).
“The digital currency revolution is an inevitability,” stated Amayo Jr. “The question for Africa is whether we will remain subjects of external systems or become the sovereign architects of our own prosperity. Ndege Money provides the high-performance machinery required to reclaim our economic agency” (Amayo Jr., 2025).
Quantum-Ready Sovereignty
Deriving its stability from the African Rare Earth Mineral Fund (AREMF), Ndege Money utilizes the OmniGaza® settlement layer—a sovereign-grade blockchain capable of 100,000 transactions per second (Ndege Group, 2026). The infrastructure is currently being upgraded for quantum-readiness by 2030 to ensure long-term data sovereignty and protection against extraterritorial surveillance (Amayo Jr., 2024).
The whitepaper further outlines integration pathways with the Pan-African Payment and Settlement System (PAPSS) and invites the New Development Bank (NDB) to explore pilot project financing denominated in Ndege Money (PAPSS, 2026; Brasil de Fato, 2025).
Strategic Call to Action
ASDT calls upon African governments to ratify the African Federation Treaty Framework (AFTF) protocols and pilot Ndege Money as an approved settlement mechanism for intra-African trade under the African Continental Free Trade Area (AfCFTA) (Ndege Group, 2025; African Union, 2025).
The complete whitepaper is available via open access at Zenodo (DOI: 10.5281/zenodo.18821045).
ENDS
About The Ndege Group® / Africa’s Sovereign Development Trust®
The Ndege Group® is an irrevocable purpose trust domiciled in the Seychelles with operational headquarters in Nairobi, Kenya. The Trust serves as the non-extractive institutional architect for the African Federation Treaty Framework, dedicated to resolving systemic paradoxes through sovereign infrastructure and transparent governance.
