{"slug":"tokenized-assets-africa","question":"What has been tokenized in Africa — bonds, gold tokens and local-currency stablecoins?","answer":"10 instruments from 7 African countries (Ghana, Kenya, Morocco, Nigeria, Seychelles, South Africa, Zimbabwe): 6 local-currency stablecoins and 4 other instruments — Maroc Leasing bond on blockchain (Morocco's first) (pilot issuance); MERJ Exchange tokenized ordinary shares (reported issuance — not confirmed by issuer or register); Die MOS Inisiatief 10-year floating-rate tokenised bond (Mesh.trade) (reported issuance — not confirmed by issuer or register); Zimbabwe Gold-Backed Digital Tokens (GBDT) (reported issuance — not confirmed by issuer or register).","shortAnswer":"10 instruments from 7 African countries (Ghana, Kenya, Morocco, Nigeria, Seychelles, South Africa, Zimbabwe): 6 local-currency stablecoins and 4 other instruments — Maroc Leasing bond on blockchain (Morocco's first) (pilot issuance); MERJ Exchange tokenized ordinary shares (reported issuance — not confirmed by issuer or register); Die MOS Inisiatief 10-year floating-rate tokenised bond (Mesh.trade) (reported issuance — not confirmed by issuer or register); Zimbabwe Gold-Backed Digital Tokens (GBDT) (reported issuance — not confirmed by issuer or register). The largest stablecoins are ZARP (South African rand) and cNGN (Nigerian naira); Mento’s cedi, shilling, naira and rand coins are small.","asOf":"2026-10-17","faq":[{"q":"Why are so few African instruments listed?","a":"Because few are published anywhere we can read. No African securities regulator lists tokenized issues, and most pilots are announced once in the press. If you know of one, tell us through “List your token”."},{"q":"Which of them can I buy without KYC?","a":"None of them is stated as buyable without KYC."}],"count":10,"rows":[{"ticker":"GHSM","name":"Mento Ghanaian Cedi","issuer":null,"category":"Payment Stablecoins","yield":"No yield","yieldPct":null,"yieldKind":"none","minimumUsd":null,"size":"$2,005 circulating","chains":"Celo","country":"Ghana","kycSecondary":"unknown","maturity":null,"lifecycle":"live","isin":null,"contract":null,"source":null,"lastVerified":null,"tier":"imported","page":"https://tokenbank.world/token/GHSM","json":"https://tokenbank.world/api/tokens/GHSM"},{"ticker":"KESM","name":"Mento Kenyan Shilling","issuer":null,"category":"Payment Stablecoins","yield":"No yield","yieldPct":null,"yieldKind":"none","minimumUsd":null,"size":"$521 circulating","chains":"Celo","country":"Kenya","kycSecondary":"unknown","maturity":null,"lifecycle":"live","isin":null,"contract":null,"source":null,"lastVerified":null,"tier":"imported","page":"https://tokenbank.world/token/KESM","json":"https://tokenbank.world/api/tokens/KESM"},{"ticker":"MA-MAROCLEASING-2022","name":"Maroc Leasing bond on blockchain (Morocco's first)","issuer":"Maroc Leasing (Groupe Banque Centrale Populaire)","category":"Tokenized Bonds","yield":"Not stated by the source","yieldPct":null,"yieldKind":null,"minimumUsd":null,"size":"MAD 100m","chains":null,"country":"Morocco","kycSecondary":"unknown","maturity":null,"lifecycle":"live","isin":null,"contract":null,"source":"https://fnh.ma/article/actualite-economique/le-groupe-bcp-realise-la-premiere-emission-obligataire-sur-blockchain-au-maroc","lastVerified":null,"tier":"imported","page":"https://tokenbank.world/token/MA-MAROCLEASING-2022","json":"https://tokenbank.world/api/tokens/MA-MAROCLEASING-2022"},{"ticker":"cNGN","name":"cNGN","issuer":"Wrapped CBDC Ltd (Nigeria; SEC ARIP admission in principle)","category":"Payment Stablecoins","yield":"No yield","yieldPct":null,"yieldKind":"none","minimumUsd":null,"size":"3,463,265,815 NGN circulating","chains":"Base / BNB Chain / Ethereum (+1)","country":"Nigeria","kycSecondary":"unknown","maturity":null,"lifecycle":"live","isin":null,"contract":"0x46C85152bFe9f96829aA94755D9f915F9B10EF5F","source":"https://github.com/wrappedcbdc/stablecoin-cngn","lastVerified":"2026-10-17","tier":"imported","page":"https://tokenbank.world/token/cNGN","json":"https://tokenbank.world/api/tokens/cNGN"},{"ticker":"NGNM","name":"Mento Nigerian Naira","issuer":null,"category":"Payment Stablecoins","yield":"No yield","yieldPct":null,"yieldKind":"none","minimumUsd":null,"size":"$38 circulating","chains":"Celo","country":"Nigeria","kycSecondary":"unknown","maturity":null,"lifecycle":"live","isin":null,"contract":null,"source":null,"lastVerified":null,"tier":"imported","page":"https://tokenbank.world/token/NGNM","json":"https://tokenbank.world/api/tokens/NGNM"},{"ticker":"SC-MERJ-SHARES","name":"MERJ Exchange tokenized ordinary shares","issuer":"MERJ Exchange Ltd (Seychelles FSA)","category":"Tokenized Stocks","yield":"Not stated by the source","yieldPct":null,"yieldKind":null,"minimumUsd":null,"size":"1,652,893 new shares at US$2.42","chains":null,"country":"Seychelles","kycSecondary":"unknown","maturity":null,"lifecycle":"live","isin":null,"contract":null,"source":"https://nation.sc/articles/1156","lastVerified":null,"tier":"imported","page":"https://tokenbank.world/token/SC-MERJ-SHARES","json":"https://tokenbank.world/api/tokens/SC-MERJ-SHARES"},{"ticker":"ZA-MOS-MESH-2034","name":"Die MOS Inisiatief 10-year floating-rate tokenised bond (Mesh.trade)","issuer":"Die MOS Inisiatief","category":"Tokenized Bonds","yield":"Not stated by the source","yieldPct":null,"yieldKind":null,"minimumUsd":null,"size":"R100 million (20,000 notes)","chains":null,"country":"South Africa","kycSecondary":"unknown","maturity":null,"lifecycle":"live","isin":null,"contract":null,"source":"https://businessreport.co.za/economy/2024-07-08-mesh-trade-raises-r100m-capital-after-successful-launch","lastVerified":null,"tier":"imported","page":"https://tokenbank.world/token/ZA-MOS-MESH-2034","json":"https://tokenbank.world/api/tokens/ZA-MOS-MESH-2034"},{"ticker":"ZARM","name":"Mento South African Rand","issuer":null,"category":"Payment Stablecoins","yield":"No yield","yieldPct":null,"yieldKind":"none","minimumUsd":null,"size":"$41 circulating","chains":"Celo","country":"South Africa","kycSecondary":"unknown","maturity":null,"lifecycle":"live","isin":null,"contract":null,"source":null,"lastVerified":null,"tier":"imported","page":"https://tokenbank.world/token/ZARM","json":"https://tokenbank.world/api/tokens/ZARM"},{"ticker":"ZARP","name":"ZARP Stablecoin","issuer":"ZARP Stablecoin (Pty) Ltd","category":"Payment Stablecoins","yield":"No yield","yieldPct":null,"yieldKind":"none","minimumUsd":null,"size":"65,676,040 ZAR circulating","chains":"Ethereum / Base / Polygon (+1)","country":"South Africa","kycSecondary":"unknown","maturity":null,"lifecycle":"live","isin":null,"contract":"0xb755506531786C8aC63B756BaB1ac387bACB0C04","source":"https://www.zarpstablecoin.com/transparency","lastVerified":"2026-10-17","tier":"imported","page":"https://tokenbank.world/token/ZARP","json":"https://tokenbank.world/api/tokens/ZARP"},{"ticker":"ZW-RBZ-GBDT","name":"Zimbabwe Gold-Backed Digital Tokens (GBDT)","issuer":"Reserve Bank of Zimbabwe","category":"Tokenized Commodities","yield":"Not stated by the source","yieldPct":null,"yieldKind":null,"minimumUsd":null,"size":"Minimum USD 10 (individuals) / USD 5,000 (companies)","chains":null,"country":"Zimbabwe","kycSecondary":"unknown","maturity":null,"lifecycle":"live","isin":null,"contract":null,"source":"https://nmbz.co.zw/nmb/node/214","lastVerified":null,"tier":"imported","page":"https://tokenbank.world/token/ZW-RBZ-GBDT","json":"https://tokenbank.world/api/tokens/ZW-RBZ-GBDT"}],"programs":[],"underlyings":[],"sources":[{"label":"ZARP: transparency page","url":"https://www.zarpstablecoin.com/transparency"},{"label":"cNGN: contracts (GitHub)","url":"https://github.com/wrappedcbdc/stablecoin-cngn"},{"label":"FNH: first blockchain bond issue in Morocco (Maroc Leasing)","url":"https://fnh.ma/article/actualite-economique/le-groupe-bcp-realise-la-premiere-emission-obligataire-sur-blockchain-au-maroc"},{"label":"NMB Zimbabwe: gold-backed digital tokens","url":"https://nmbz.co.zw/nmb/node/214"}],"_links":{"page":"https://tokenbank.world/answers/tokenized-assets-africa","index":"https://tokenbank.world/api/v1/answers"},"_citation":"TokenBank, “What has been tokenized in Africa — bonds, gold tokens and local-currency stablecoins?”, https://tokenbank.world/answers/tokenized-assets-africa (data as of 2026-10-17), CC BY 4.0.","_license":"CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/","_disclaimer":"Computed from sourced data; yields are variable and not guaranteed. Not investment advice. Verify each row’s source before relying on it."}