- Above Food Ingredients Inc.'s (ABVE) merger partner, Palm Promax Investments LLC (PPI), has formed a joint venture with Burkina Faso to implement PPI's **gold- and mineral-backed stablecoin** as the nation's digital currency.  **[1979484_20251024CA06348:0]** 
- Burkina Faso has pledged up to **$8 trillion** in previously untapped gold and mineral assets to anchor the stablecoin and facilitate long-term economic transformation.  **[1979484_20251024CA06348:0]** 
- This initiative marks Burkina Faso as the **first African nation** to formally integrate a resource-backed digital currency into its national financial architecture, leveraging blockchain technology to quantify and mobilize its mineral wealth.  **[1979484_20251024CA06348:0]** 
- The partnership is expected to drive transformative development initiatives across key sectors, including mining, infrastructure, and agriculture, with potential for similar frameworks in other African nations.  **[1979484_20251024CA06348:0]** **[1979484_20251024CA06348:1]**

Above Food Ingredients (ABVE)