Firm Chief Asks Africa To Invest In Global Gold Value Chain

African governments and businesses have been charged to take a keen interest in the expanding global gold sector.

The appeal was made by the executive director of Tropical General Investments (TGI Group), Mudassir Amray, at the just-concluded Gold Road Show.

He described gold as “a metal of strategy” and “a firewall against inflation” for African economies.

The event brought together central bankers, policymakers and institutional investors to explore Africa’s growing role in the global gold value chain.

In his presentation, titled “The Bridge Between Trust, Value and Financial Sovereignty for Africa,” Amray said the recent rally, which saw gold cross the $4,300 mark for the first time in history, reflects a broader global shift in trust, capital, and power.

In a statement issued yesterday by the company on the roadshow held on November 7, 2025, the company said, “For years, gold was seen as a metal of beauty.Today, it stands as a metal of strategy, politically neutral, instantly liquid, and a firewall against inflation and currency depreciation.”

He stated that Africa produces over 40% of the world’s gold but captures less than 2% of its financial value and called for a stronger focus on domestic value addition.

“We export raw and import finished wealth,”  Amray stated.

He described the ongoing local initiatives by Kian Smith Gold Refinery as important steps toward sustainable value capture and industrial growth.

Amray also joined a high-level dialogue with Bolaji Balogun, founder and CEO of Chapel Hill Denham, moderated by Bode Oyetunde of the African Development Bank (AfDB), which focused on the policy, infrastructure and investment frameworks needed to integrate gold into Nigeria’s financial system.

The Gold Roadshow Africa ended with a shared commitment among the participants to strengthen policy alignment, promote private sector investment, and advance local processing to drive inclusive and sustainable growth across the continent’s gold value chain.