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Africoin

avoid.net/africoin→22/100·45% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

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anchored·2o1h1X…WqbW

Summary

"Africoin" is a name that has been used by at least five unrelated cryptocurrency projects and schemes operating across Africa since approximately 2013. The most widely documented uses involve a Nigeria/Ghana-based pseudo-cryptocurrency launched around 2016–2017, alleged to be a Ponzi scheme with anonymous or pseudonymous operators, and a separate South African entity sometimes confused with it called Africrypt (unrelated). A more recent entity also named Africoin — a Rwanda-headquartered real-world asset tokenization platform led by Vinod Khatumal — was admitted to Ghana's SEC regulatory sandbox in 2026 and represents a distinct, separately regulated operation. Because multiple operators have shared the same name, investigators must clearly disambiguate which entity is under review.

Connected Entities

1 entities
Tokens
♦Africoin
Relationships
    Have evidence about Africoin?

    Timeline(10 events)

    2012

    Michael Anthony Strother (Athens, Georgia) claims to have created AfriCoin International with two unnamed partners.

    Medium — AfriCoin International: True Crypto Story

    December 2013

    AfriCoin International launches its claimed first-ever ICO; project is subsequently alleged to have been hacked three months in. AfriCoin Blog post published.

    AfriCoin Blog / Medium (Strother self-account)

    13 January 2017

    pageone.ng publishes investigation questioning the Nigeria/Ghana Africoin scheme, identifying domain registrants John Mensah (Ghana) and Henry Okechukwu (Nigeria).

    pageone.ng (now parked)

    March 2017

    letdiscusscryptocoin.blogspot.com publishes promotional post for Africoin targeting Nigerian market, listing coin price of N200 and a contact phone number; promises official launch June 2017.

    letdiscusscryptocoin.blogspot.com

    27 October 2017

    AfriCoin International (Strother) relaunches on WAVES blockchain with 100 million tokens claimed to be backed by fine silver.

    Medium — AfriCoin International: True Crypto Story

    20 May 2019

    pageone.ng reports that the Nigeria/Ghana Africoin scheme pivoted from pseudo-cryptocurrency to a silver trading scheme under the brand AAGC (aagc.shop).

    pageone.ng (now parked)

    2020

    Africoin Black launches on Polygon network, describing itself as a philanthropic project distinct from earlier Africoin schemes.

    Medium — Africoin Black (africoin.medium.com)

    11 March 2026

    Ghana's Securities and Exchange Commission admits 11 firms including an entity called Africoin (RWA tokenization, Rwanda, Vinod Khatumal) to its regulatory sandbox under the Virtual Asset Service Providers Act, 2025.

    CoinDesk

    8 April 2026

    Africoin (Khatumal entity) issues press release distributed across aggregator sites announcing its Ghana SEC sandbox admission and plans for cross-border regulatory expansion.

    Winger Daily (press-release syndication)

    24 May 2026

    africoin.uk publishes updated company page listing Lucas Ndong as CEO, Fructuoso Ndong Maye as Manager, and Aris Da Silva as Marketing Director — a different team from the Vinod Khatumal press releases, raising an unresolved identity discrepancy.

    africoin.uk/company
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain12 Wayback Archives

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (1 event). 12 of 18 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 5/31/2026, 5:49:03 PM

    last updated: 7/26/2026, 8:02:42 AM

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