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The Carbon Blockchain Expands To Africa Through Its Partnership With Minerva Green

The Carbon Blockchain, Inc. (TCB) has announced the acquisition of Minerva Green.

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South African agricultural company, Minerva Green has been acquired by The Carbon Blockchain, Inc. (TCB), a provider of high-integrity carbon credits and a provider of carbon finance and technology services.  Minerva Green is focused on creating exclusive, native African hemp strains.  The acquisition will promote the development of industrial hemp farming in Africa and elsewhere through:

  • Nature-based solutions for carbon sequestration and replacement of traditional petroleum-based carbon inputs in plastics and rubber
  • Production of green charcoal, and biochar for soil remediation and water retention
  • Blockchain technology producing high-quality, immutable carbon credits

Mike Laws, the founder of Minerva Green, commented on the new partnership saying, “We are excited to accelerate industrial hemp production and processing in South Africa by combining advanced technologies with regenerative farming. Our focus will be on socio-economic upliftment and the inclusion of local genetics and plant cultivation expertise.”

Additionally, Serengeti Energy Holdings, a New York City-based company that converts waste and biomass into clean energy, and TCB have announced a joint venture. The joint venture will concentrate on business opportunities across all of Africa as well as large-scale biomass cultivation, beginning in Ghana.

Hamilton Caranda Martin, CEO of Serengeti Energy Holdings, also commented on the joint venture saying, “We are thrilled to partner with TCB and leverage their expertise in carbon finance and advanced carbon technologies to transform the industrial hemp agricultural value chain with high-capacity green bioenergy processing and fiber facilities, in partnership with hemp-producing African nations. This will naturally impact the environment, food, and nutrition security, job and wealth creation within Ghana and the African continent while aiding in reducing environmental carbon and deforestation.”

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“These acquisitions and partnerships demonstrate TCB’s commitment to driving positive change and sustainability in the global economy through carbon finance and carbon projects. The opportunities in Africa make TCB a category-defining leader in this important market. The expanded footprint in Africa provides the foundation for TCB’s ‘Project Gigaton’ launching in Q1′ 2023,” said Daniel Higbee, CEO of TCB.

The Carbon Blockchain, Inc. is a carbon finance, carbon project development, and technology services company, that produces high-integrity carbon credits, uses a variety of technologies, including smart agriculture and edge-IoT technology to track decarbonization, as well as blockchain technology to support online payments and market access. These technologies improve access to agricultural and trade finance, enabling small businesses to compete with larger firms.  TCB is currently wrapping up its final seed round in preparation for its Series A funding round.


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