Jurisdictional Risk Framework

Every market we operate in is continuously assessed for political, regulatory, currency, and ESG risk. We do not onboard participants from jurisdictions that do not meet our minimum bankability threshold.

Bankability First

We apply institutional-grade bankability assessment before any jurisdiction is approved. No exceptions.

Continuous Monitoring

Political risk is not static. Our advisory monitors every target market monthly — and triggers reclassification when conditions change.

Neutral Escrow

All escrow accounts are domiciled in neutral, rule-of-law jurisdictions. Never in a producer-country bank.

Risk Classification Legend

Active Market

Pilot corridor open. Producers and buyers welcome.

Conditional Access

Available with PRI wrap, neutral-jurisdiction escrow, and enhanced monitoring.

Under Observation

Not accepting new participants until political risk normalizes.

Future Pipeline

Evaluated for future phases. No timeline committed.

Active Markets

Active Market

Pilot corridors open for verified producers and institutional buyers. Escrow infrastructure live. MIGA/DFC PRI in place.

Ghana

West Africa · GH

Active Market

Phase 1 — Active Pilot

GoldCocoa
Political RiskLow
Regulatory RiskModerate
FX / ConvertibilityModerate
ESG RiskLow

Conditional Access

Conditional Access

Available with enhanced safeguards: PRI wrap, neutral-jurisdiction escrow (Luxembourg / Dubai DIFC), and continuous political risk monitoring.

Guinea

West Africa · GN

Conditional Access

Phase 2 — Conditional Expansion

GoldBauxite
Political RiskHigh
Regulatory RiskHigh
FX / ConvertibilityCritical
ESG RiskModerate

Peru

South America · PE

Conditional Access

Phase 2 — Conditional Expansion

GoldCopperSilver
Political RiskModerate
Regulatory RiskModerate
FX / ConvertibilityLow
ESG RiskHigh

Colombia

South America · CO

Conditional Access

Phase 2 — Conditional Expansion

GoldCoffeeEmeralds
Political RiskModerate
Regulatory RiskModerate
FX / ConvertibilityLow
ESG RiskHigh

Under Observation

Under Observation

Not accepting new participants. Our political risk advisory monitors these jurisdictions continuously. Entry decision triggers a full board review.

Mali

West Africa · ML

Under Observation

Under Observation — No timeline

Gold
Political RiskCritical
Regulatory RiskCritical
FX / ConvertibilityCritical
ESG RiskHigh

Future Pipeline

Future Pipeline

Evaluated for inclusion in future phases. No timeline committed. Subject to annual risk reassessment.

Côte d'Ivoire

West Africa · CI

Future Pipeline

Phase 3 — Future Pipeline

CocoaCoffeeGold
Political RiskModerate
Regulatory RiskModerate
FX / ConvertibilityModerate
ESG RiskModerate

DRC

Central Africa · CD

Future Pipeline

Phase 3 — Future Pipeline

CobaltCopperGoldColtan
Political RiskHigh
Regulatory RiskHigh
FX / ConvertibilityHigh
ESG RiskCritical

Burkina Faso

West Africa · BF

Future Pipeline

Phase 3 — Future Pipeline

GoldCotton
Political RiskHigh
Regulatory RiskHigh
FX / ConvertibilityHigh
ESG RiskModerate

Brazil

South America · BR

Future Pipeline

Phase 3 — Future Pipeline

CoffeeSoyGoldIron Ore
Political RiskModerate
Regulatory RiskModerate
FX / ConvertibilityModerate
ESG RiskHigh

Ethiopia

East Africa · ET

Future Pipeline

Phase 3 — Future Pipeline

CoffeeGoldOpals
Political RiskModerate
Regulatory RiskModerate
FX / ConvertibilityHigh
ESG RiskLow

Cameroon

Central Africa · CM

Future Pipeline

Phase 3 — Future Pipeline

CocoaCoffeeGoldBauxite
Political RiskModerate
Regulatory RiskModerate
FX / ConvertibilityModerate
ESG RiskModerate

Angola

Southern Africa · AO

Future Pipeline

Phase 3 — Future Pipeline

DiamondsGoldOil
Political RiskModerate
Regulatory RiskHigh
FX / ConvertibilityHigh
ESG RiskModerate

Our Risk Assessment Methodology

What Disqualifies a Market

  • Executive detention of mining executives
  • State seizure of physical gold / unwarranted royalty rate hikes
  • FX reserves below 1 month of import cover
  • Arbitrary license cancellations without ICSID recourse
  • Active conflict zone without credible stabilization plan

What Qualifies a Market

  • Stable mining code with stabilization clauses
  • ICSID arbitration convention ratified
  • MIGA / DFC PRI available and priced
  • Neutral-jurisdiction escrow enforceable
  • OECD / LBMA compliance pathway available