Goldex creates investment vehicle for local investors to tap into commodities trading

Goldex Technologies, a leading technological platform in the financial sector, is paving the way for local investors to tap into global commodities such as gold and oil. The CEO of Goldex Technologies, Sylvia Carrasco, highlighted the increasing demand for these commodities, not only in Africa but also worldwide. Carrasco attributed this surge in interest to various factors including economic uncertainties, inflation, and the impact of the COVID-19 pandemic on the global economy. Moreover, the growing popularity of cryptocurrencies has also played a role in revitalizing the appeal of gold as an investment option. Despite the abundance of gold production in African countries like the DRC, Angola, Rwanda, and Uganda, the lack of trading infrastructure for these commodities has posed a challenge for investors. Carrasco emphasized the need for innovation and disruption in the market, as traditional systems have fostered complacency among industry players and regulators. Goldex Technologies aims to bridge this gap by providing a user-friendly platform for individuals to buy and sell physical gold at competitive prices through their app. Additionally, Goldex has recently introduced an API for financial and fintech companies to offer gold investment options to their clients seamlessly. As the global focus shifts towards cryptocurrencies, Carrasco discussed the importance of regulation in the crypto space to protect retail investors and ensure a sustainable framework for the future. While the timeline for regulatory developments remains uncertain, Carrasco emphasized the significance of acknowledging the permanence of cryptocurrencies in the financial landscape. Goldex Technologies is at the forefront of transforming the investment landscape, making it more accessible and inclusive for all individuals, regardless of their financial background or wealth.