Overview

• Global Settlement Network and Uganda’s Diacente Group say they will tokenize $5.5 billion in real‑world assets spanning agriculture, minerals, renewable energy, and trade.
• The Karamoja Green Industrial and Special Economic Zone is designated as the flagship site for the tokenization of infrastructure such as agro‑processing hubs, mining operations, and solar plants.
• A pilot central bank digital currency—described as a digital shilling backed by government bonds—has been reported by the firms as operating on GSN’s permissioned blockchain.
• The reported CBDC is presented as accessible via smartphones and USSD with KYC and AML protocols, targeting broad participation in digital payments.
• The partners project over one million jobs and up to $10 billion in annual exports and say the initiative aligns with Uganda’s Vision 2040, AU Agenda 2063, and AfCFTA.