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Africa Energy Fund BVI and the Ndeipi Foundation announced a US$100 million tokenization plan for a 12.85-hectare tourism Special Economic Zone near Victoria Falls. The project will fund a hotel, casino, resort, and smart-city services, using on-chain tokens tied to development rights. Organizers say the structure keeps local land ownership while opening access to global investors through a phased build.
In their statement, the partners announce tokenization of 100 million digital units that represent economic rights and future revenue participation from the site (Ndeipi). Early proceeds will secure full development rights and fund phase-one works, including hospitality and a solar-powered micro-grid. The model is designed to add transparency, enable diaspora participation, and speed capital formation for tourism assets.
The plan sits within a wider SEZ push around Victoria Falls. Zimbabwe’s SEZ briefings list Victoria Falls (Masuwe) SEZ among designated zones, outlining incentives like tax holidays and streamlined permits to attract private capital. These incentives aim to lower project risk while improving investor exit options and foreign-currency flows.
Local authorities also describe Masuwe SEZ as a 1,200-hectare area about 10 km from the city, planned for hotels, villas, a medical tourism hub, and an international finance center. The tokenized site would add a digital financing layer to these plans, tying ownership records and distributions to programmable assets.
“This is the future of African infrastructure… we bring global liquidity, protect community ownership, and build a world-class tourism and smart-city hub,” said Dr. Tyrone Moodley, Founder of Africa Energy Fund BVI and Co-founder of Ndeipi Foundation. The next steps include a tokenomics paper, investor prospectus, and a phase-one construction roadmap. If successful, the model could guide more real-estate projects across Zimbabwe’s SEZ program.