April 14, 2024

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Aufort Announces the Appointment of Michael Onyango to its Board of Directors

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By Shadrack Nyakoe

Aufort, the esteemed European-based financial technology company, is proud to announce the appointment of Michael Onyango to its Board of Directors. A seasoned professional with over 20 years of experience in strategic communications, public affairs, policy, and emerging technologies, Michael brings a wealth of knowledge and expertise to elevate Aufort’s strategic vision.

Founded in 2014 in Estonia, Aufort holds an official business license (FVV000117) authorizing it to engage in the purchase and wholesale of precious metals and gems. With a global reach and esteemed partners like Argor-Heraeus, a leading precious metal refinery, Aufort continues to make significant strides in the financial services sector.

Aufort has partnered with Lawyers Hub Kenya, represented by the experienced lawyer Linda Bonyo. Through this collaboration, on March 1, 2024, Aufort established a legal entity in Kenya: Aufort Limited, with registration number PVT-AJUYYVK9.

Addressing Inflation and Currency Depreciation

In the face of continuous currency devaluation and the erosion of savings due to inflation, Aufort introduces a ground-breaking solution. Traditional currencies, including the euro and the dollar, have witnessed significant losses, impacting people’s financial stability. With approximately 20 trillion euros in bank accounts, the relentless printing of currency exacerbates this devaluation.

Aufort addresses this challenge by unveiling a digital asset fully backed by physical gold securely stored in audited vaults in Europe (Austria) and United Arab Emirates (Dubai). This innovative approach empowers individuals to safeguard their savings in gold, providing protection against inflation while offering the convenience of using it as a daily currency within Kenya, as well as for cross-border transactions between Kenya, European countries, and the United Arab Emirates.

Revolutionizing Financial Services through Blockchain

Aufort stands out by integrating transparent distributed ledger technology, commonly known as blockchain, into its operations. This ensures not only transparency but also accessibility for everyone through its user-friendly eCommerce platform. The company’s commitment to making gold-backed assets accessible to a broader population sets it apart in the financial services industry.

Michael Onyango’s Strategic Role

Michael Onyango’s appointment to Aufort’s Board of Directors signals a strategic move for the company’s future endeavors. His extensive experience in emerging technologies, strategic communications, public affairs, and government relations positions affirms Michael’s ability to play a crucial role in shaping Aufort’s strategic direction and fostering new business partnerships.

Bert-Ken Raudberg CEO Aufort and Michael Onyango

Looking Ahead

As Aufort plans to kick off exciting projects in 2024, Michael Onyango’s inclusion on the board underscores the company’s commitment to innovation and growth. Aufort remains open to new business partnerships and ventures, solidifying its leadership team.

“We extend a warm welcome to Michael Onyango, whose extensive experience and commitment to youth impact align perfectly with Aufort’s vision. Together, we look forward to shaping the future of financial services and providing innovative solutions to a global audience,” says Bert-Ken Raudberg, CEO.

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