A Critical Minerals Development Platform Built for Lasting Value
ACMC is a U.S.-based critical minerals development platform building a portfolio of projects with local African partners. We originate opportunities, secure mineral rights, invest alongside our partners and hold long-term ownership in each project, assembling the technical, development and capital partners needed to advance each one.
Country Knowledge and Commercial Execution
Our team brings together African country knowledge, diplomatic and commercial relationships, mining expertise, U.S. energy industry experience and governance. We use these strengths to assess opportunities, understand country priorities and bring the partners needed to advance viable projects.
Our purpose
To advance commercially viable mineral projects that create local content, skilled jobs and lasting value where we work, while strengthening diversified mineral supplies for industry.
Our ambition
To build an enduring critical minerals business in which African partners retain a direct stake in resource value and develop the capability to participate across the value chain.
How we build
We assess rights, geological evidence, processing options, infrastructure and offtaker requirements before advancing an opportunity. Country-specific agreements would define ownership, governance and partner responsibilities. ACMC intends to remain a long-term owner of each project, with development partners building and operating the mines. Each investment stage will depend on the evidence and work required for the next milestone.
The Team
Our founding team brings complementary country, diplomatic, mining, energy, commercial and governance experience. All four co-founders serve on ACMC’s board of directors.
Kingsley Pungong
Founder and Chief Executive Officer
Kingsley Pungong
Founder and Chief Executive Officer
Kingsley Pungong is an entrepreneur and the Founder and Chief Executive Officer of Africa Critical Minerals Corporation (ACMC). He is also the Founder and Executive Chairman of Rainbow World Group (RWG), a diversified company with interests in sports, real estate and media.
For more than a decade, he has built businesses and strategic partnerships across Africa, Europe, Asia and the United States, working with governments, investors, multinational companies and leading figures in sport.
Kingsley is recognized for his work in international football, where RWG’s sports division has helped develop the careers of talented African footballers and create pathways into professional sport. His long-term vision is to build globally respected institutions that generate sustainable economic growth and lasting social impact across the African continent.
He holds an LL.B. (Hons) in Law from De Montfort University, a Master’s degree in History from Harvard University, a Master of Studies (MSt) in Entrepreneurship from the University of Cambridge, and a Postgraduate Certificate in Finance and Management from the Wharton School of the University of Pennsylvania.
Dr. Elias Pungong
Co-Founder and Board Chairman
Dr. Elias Pungong
Co-Founder and Board Chairman
Dr. Elias Pungong brings decades of experience in African energy, mining, infrastructure and project finance. A former senior partner and Africa Oil & Gas leader with EY and PwC, he has advised international companies and governments on major projects and investment frameworks. His experience includes mineral exploration and development in Central Africa and public-private partnerships. Appointed the United Kingdom’s Honorary Consul in Douala in 2017, he brings diplomatic and institutional relationships to ACMC’s country engagement, with a commitment to African skills, education and responsible development.
Carrie Clark
Co-Founder and Chief Operating Officer
Carrie Clark
Co-Founder and Chief Operating Officer
Carrie Clark leads ACMC’s U.S. commercial engagement and public-private partnerships. Her career combines land and minerals expertise with experience building and leading organizations, spanning Shell, private equity-backed producers, a nonprofit electric cooperative and executive oversight of a major public land and mineral portfolio. A former public company executive officer and independent director, she brings operating, commercial and governance experience to ACMC’s work with African countries and partners.
Bernard “Ben” Fondufe
Co-Founder and Board Director
Bernard “Ben” Fondufe
Co-Founder and Board Director
Bernard “Ben” Fondufe is a Cameroon-based business leader and board director with more than 30 years of experience across telecommunications, media, fintech, extractives and infrastructure. He serves as Deputy General Manager of Spectrum Cablevision and as a non-executive director of mobile-network and fintech businesses in Cameroon. His experience spans strategy, investment decisions, project development and stakeholder engagement. At ACMC, he contributes governance, risk oversight and commercial judgment, helping align long-term growth with accountability, environmental stewardship and value for African stakeholders.
