Africa's Sovereign Development Trust (ASDT) Finalises Shortlist for President

MAYFAIR, U.K. - June 7, 2025 - PRLog -- The Ndege Group yesterday announced that a shortlist of candidates is under final review for the inaugural role of President of Africa's Sovereign Development Trust (ASDT). The appointment is a crucial step in the Trust's mission to foster a sovereign, prosperous, and self-determined future for the African continent.

The President will be responsible for leading a diverse and ambitious portfolio, projected to exceed €1 trillion in assets under management within its first decade. Key priorities include expanding a continental Real Estate Investment Trust (REIT) and a Development Finance Fund. These instruments are designed to power the Trust's operating brands and its public-private partnership (PPP) projects, centred on multisector infrastructure, wildlife conservation, land and resource management, and youth empowerment. The successful candidate will also assume command of the United African Defence Force (UADF) and oversee OmniGaza, the Trust's proprietary blockchain-based platform for transparent governance, investment syndication and resource mobilisation.

Reflecting the global significance and considerable demands of the position-which includes direct oversight of multiple subsidiary boards, international projects, and commercial brands-the successful candidate will be offered a unique remuneration structure. This framework is designed to align the President's long-term interests directly with the growth and success of the Trust's portfolio, fostering a partnership model of leadership.

The shortlist reflects the Trust's commitment to combining global expertise with deep African insight. The candidates under consideration include internationally recognised figures such as Mr Igor Shuvalov (Russia), Professor Sarah Paine (USA), and Mr Jose Xanana Gusmão (Timor-Leste). They are joined by prominent African leaders, including Captain Ibrahim Traoré (Burkina Faso), former Senator Gideon Moi (Kenya), Ambassador Arikana Chihombori-Quao (Zimbabwe), and former Governor Lamido Sanusi (Nigeria). All serving African heads of state are also under consideration, underscoring the Trust's focus on collaborative, pan-African leadership.

David Okiki Amayo Jr., Founder of The Ndege Group, stated, "We are seeking a leader who will work alongside governments and global partners to build a future where our economies are robust, our people are empowered, and our natural heritage is secure for generations to come. This appointment is fundamental to our strategy of immediate and decisive action."The appointment will be legally formalised through a revocable will in Victoria, Seychelles, where The Ndege Group is domiciled as a purpose trust, reflecting its core commitment to integrity.

Learn more at: https://www.thendegegroup.com