Membership

The Fund operates under a two-class membership framework designed to balance community leadership with global partnership. Voting Members hold governance rights and strategic influence; Non-Voting Members hold full economic and loan rights with robust safeguards. Both classes share pari passu economic rights—except for voting—and are united by a commitment to non-speculation, asset protection, and sustainable development.

1. Eligibility: States, banks, financial institutions, organizations, and investors headquartered or operating primarily in Africa.
2. Governance Rights: Full voting rights in the General Assembly; eligibility to stand for election to the Fund Committee, President, and Ambassador positions.
3. Pre-emptive Rights: Priority access to subscribe to new Voting Member share issuances to maintain proportional ownership.
4. Strategic Influence: Direct participation in approving Yearly Programs, Charter amendments, and major financial decisions.
5. Community Alignment: Membership reinforces local leadership in shaping a financial ecosystem that prioritizes equitable growth and cultural preservation.

1. Eligibility: States, banks, financial institutions, organizations, and investors committed to the Fund's objectives from outside Africa.
2. Economic Parity: Shares rank pari passu with Voting Member shares regarding economic distributions, claims on assets, and access to member loan facilities.
3. Governance Safeguards: Benefit from independent Audit Committee oversight, transparent reporting, and Charter-protected redemption rights.
4. Success Pathways: Contribute to Africa's financial sovereignty while gaining secure access to a gold-backed asset class and impactful community programs.
5. Protected Participation: Shares are legally shielded from seizure or confiscation; redemption follows a clear, time-bound schedule at Net Asset Value.

1. Nominal Value: Each share has a fixed nominal value of 5,000 USD.
2. Maximum Supply: 50 billion shares total, allocated between Voting and Non-Voting classes based on admission criteria and Fund strategy.
3. Payment Currency: Shares may be subscribed using Gold, United States Dollars, or any convertible currency acceptable to the Fund Committee.
4. Gold Valuation: Payments in Gold are valued at the international market price at time of receipt, verified by an independent assayer.
5. Payment Schedule: 20% of par value is due upon allotment; the balance is payable in installments as determined by the Fund Committee.
6. Anti-Dilution: Voting Members hold pre-emptive rights to maintain proportional ownership in new issuances; all issuances align with the Fund's non-speculative mandate.

All Members in good standing benefit from the Fund's core value proposition: a stable, tangible store of value backed by physical gold and silver. Members gain access to loan facilities for projects aligned with approved Yearly Programs—financing offered under equitable, non-usurious terms. Economic distributions, when declared, are allocated pari passu across share classes. Critically, Member shares are legally protected from seizure, freezing, or confiscation by any authority, except in cases of material default after exhaustion of contractual remedies. This framework ensures capital serves its intended purpose: building resilience, enabling opportunity, and fostering sustainable community development.

1. Application: Submit an expression of interest to the Fund Committee, including organizational details, source-of-funds declaration, and alignment with the Fund's objectives.
2. Review: The Fund Committee evaluates applications based on eligibility criteria, commitment to non-speculative principles, and potential contribution to the Fund's mission.
3. Subscription: Approved applicants execute a subscription agreement, remit the initial 20% payment, and formally accept the provisions of the Charter.
4. Onboarding: New Members receive access credentials for the ACF Certificate Authority and Programmatic API, enabling secure participation in Fund activities.
5. Engagement: Members participate in General Assemblies (Voting), access Yearly Program updates, and utilize member loan facilities for eligible projects.

Members in good standing may voluntarily withdraw by submitting written Notice providing 90 to 180 days' notice. Shares are redeemed at Net Asset Value per share, calculated from the most recent audited financial statements. Payment follows a mandatory schedule: at least 50% within 30 days of withdrawal, with the balance settled in full within nine months. If the Fund misses these deadlines (excluding Force Majeure), the outstanding balance accrues interest at 2% until paid. Where simultaneous withdrawal requests exceed 10% of liquid assets in a quarter, payments may be pro-rated equitably, but total settlement shall not exceed 12 months without General Assembly consent.

The Fund is founded on cooperative principles of mutuality and non-speculation. Shares cannot be traded for speculative gain; all transfers require Fund Committee approval and must align with cooperative ownership principles. Voting Member shares may only transfer to eligible African-based entities; Non-Voting Member shares only to eligible international entities. This framework ensures capital remains purpose-driven, supporting community development rather than short-term financial engineering. By joining the ACF, Members affirm their commitment to building lasting value through stability, cooperation, and equitable benefit to the communities the Fund serves.

• Voting Membership African-Based Entities
• Non-Voting Membership International Partners
• Membership Documentation
  Charter & Forms