What is Migodi-Auric?
Migodi-Auric Ltd is a Zambia-incorporated real-world asset and cooperative finance company — built to make African productive assets legible to global capital through tokenized commodity infrastructure.
About Migodi-Auric #
Migodi-Auric Ltd is the operating company behind the Aurion Trading Platform, Coop Pay Ltd cooperative trade floor, and the Believe Cash terminal network. It is incorporated in Zambia and operates under the Investment Promotion and Protection Act (IPPA) and Zambia Development Agency (ZDA) framework.
The name Migodi-Auric derives from Zambian roots — migodi meaning mines in Bemba — combined with auric, relating to gold. The name reflects the company's foundational focus on bringing Zambia's mineral wealth into the formal tokenized economy.
Founding Story #
Migodi-Auric was founded from a civilizational thesis: that Africa's extraordinary productive wealth — its gold, copper, agricultural output, and energy resources — remains largely invisible to global capital markets because the infrastructure to make it legible simply does not exist.
The founding team brings together decades of African enterprise software experience (GuardForce ERP, deployed across five African countries), Bay Street capital markets expertise (hedging software and mortgage-backed securities for major Canadian financial institutions), and deep cooperative sector knowledge rooted in Zambia's cooperative development history.
Leadership #
| Name | Role | Background |
|---|---|---|
| Cletus Mwiinga | CEO, Migodi-Auric Ltd | Market Entrepreneurship Development Officer; Liquidation Manager, Eastern Province; District Cooperative & Marketing Officer; World Bank |
| Kenneth Matthews | CFO, Migodi-Auric Ltd | 13+ year relationship with founding network; Zambian operations financial oversight |
| Sarah Law Ying Ying | Managing Director | Cross-border sustainable economy strategist; B.A. Accounting & Finance (HKPolyU); expertise across Hong Kong, China, and global markets |
| George Kachambwa | CTO | 20+ year relationship with founding network; technology architecture across African deployments |
| Vernon Steward | COO | Operations leadership across the Migodi-Auric ecosystem |
Mission #
To build the physical and digital infrastructure that makes African cooperative production legible, tradeable, and financeable at institutional scale — starting with Zambia, expanding across Africa and the global diaspora.
- Physical foundation first: Build the cooperative trade floor before issuing derivative instruments
- Cooperative member protection: Price discovery and settlement infrastructure that serves producers, not intermediaries
- Diaspora capital alignment: Exchange listings and capital formation strategies targeting African and diaspora investors before Western institutional capital
- Technology sovereignty: All core infrastructure (NMX/DMX ledger, Aurion terminal, Believe Cash network) is built and controlled by the Migodi-Auric team