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Shelter Afrique fully repays commercial debts, eyes regional bonds

Shelter Afrique CEO Andrew Chmphondah

 

  • The Company has also fully repaid bonds floated on the Nairobi Stock Exchange between 2013 and 2018.

Nairobi, Kenya- 21 September 2021 – Pan-African housing development financier Shelter Afrique has fully paid commercial debts owed to eight lenders, giving the company the leverage to underwrite new debt.

In 2018, Shelter Afrique signed a Debt Restructuring Agreement with the eight lenders – six DFIs and two commercial banks – to restructure its debt with a new 5 – Year tenor to run from June 2019 to June 2024.

The USD186 million (including accrued interest) owed to African Development Bank, Agence Française de Developpement, Commercial Bank of Africa, European Investment Bank, German KFW, Ghana International Bank, CFA-Banque Ouest Africaine de Development, and Islamic Corporation for Development was fully repaid three years ahead of schedule.

“Despite Debt Restructuring Agreement giving us a window to make full loan repayment by June 2024, we successfully repaid all the loans by June 2021. This was possible due to the new structures we put in place to deal with bad debts and loan recoveries as part of our turnaround plan. This now affords us the ability to underwrite new business and debt without constraints and legacy matters. For instance, based on our current Equity Capital base of USD 155M and a debt-equity ratio of 0%, we can instantly raise new debt of up to USD 465 million,” Shelter Afrique Group Managing Director and CEO Andrew Chimphondah said.

The company has also repaid a bond floated on the Nairobi Stock Exchange between 2013 and 2018.

Return to market

Shelter Afrique Group MD and CEO Andrew Chimphondah

Mr Chimphondah noted that following the development, Shelter Afrique now plans to return to the capital market to raise KES125 billion (USD1.25 billion) in local-currency bonds by the end of the year.

“With the debts fully retired, we now intend to mobilise a local-currency equivalent of USD500 million each from Nigeria and East Africa, as well as USD250 million from French-speaking African nations.  These will be crucial in funding our demand-side pipeline of as much as USD1 billion which we are currently developing,” Chimphondah said

Mr Chimphondah added that besides the bonds, Shelter Afrique was exploring further shareholder financing, noting that the Company was already in talks with some keen organisations and countries who share a similar commitment to affordable housing in Africa.

“In the past few months, we have raised a significant amount from our current shareholders, admitted a new shareholder (Fonds de Solidarité Africain -FSA), and resolved to open a new class C group of shareholding for non-African entities to widen our shareholding and capital resource bases,” Mr Chimphondah said.

About Shelter Afrique

Shelter Afrique HQ

Shelter-Afrique is a pan African housing finance and development institution established by African governments to address the need for a sustainable housing delivery system and related infrastructure projects in Africa. Shareholders include 44 African countries, the African Development Bank, the African Re-Insurance Corporation, and Fonds de Solidarité Africain (FSA).

The company’s mandate is to provide financing through debt, quasi-equity and equity to both public and private institutions for housing and urban infrastructure projects in its member countries. Shelter Afrique builds strategic partnerships and offers a host of products and related services to support the efficient delivery of affordable housing and commercial real estate. These include project finance, institutional lending, equity investments & joint ventures, trade finance, and social housing.

We also offer practical advice and technical assistance to a wide range of industry stakeholders.

For more information, please visit  http://www.shelterafrique.org/

Follow Shelter Afrique on Twitter, LinkedIn and Facebook

For further enquiries, please contact:

Mike Omuodo | Media Fast | Tel: +254 736 014 596| Email: mike.omuodo@mediafast.co.ke|

Sports: QNET sponsors match-qualifiers of the Africa zone of the 2022 FIFA World Cup

QNET, a leading e-commerce based direct selling company and official partner of CAF and ManCity, has sponsored several qualifying matches in the Africa zone of the 2022 FIFA World Cup, thus confirming the company’s passion and support for African football. QNET supports African football in its qualification for the FIFA World Cup Qatar 2022.

The e-commerce giant recently signed the sponsorship contract for several qualifying matches for the Africa zone of the 2022 Football World Cup. The first was played in Marrakech, on September 1, 2021, between Mali and Rwanda and it ended with a victory for the Eagles of Bamako to 1 -0.

Through this partnership, the multinational giant gets increased visibility during these matches and gets VIP seats offered to its distributors and guests.

Ms. Malou T. Caluza, CEO of QNET, said: “We sponsored the African qualifiers for the 2022 FIFA World Cup in Qatar, as part of our long tradition of supporting football around the world. We sponsored several international football teams due to the sport’s great similarity in terms of team spirit and cooperation to achieve success and desired goals. This value and partnership have allowed us to communicate intensively with our customers and distributors over the past seven years.”

QNET and African football, a fascinating story

QNET is closely linked to the world of football especially in the expressive demonstration of the importance of teamwork, an essential quality in both football and direct sales. In Africa, QNET has been the official direct sales partner of the Confederation of African Football (CAF) club competitions on the African continent since 2018. This includes Total CAF Champions League, CAF Total Confederation Cup and CAF Total Super Cup. This partnership, renewed for 2 years in February 2021, offers QNET distributors exclusive access with privileged treatment to the various matches of CAF interclub competitions in the region.

QNET, official partner of ManCity

The story of QNET and football reached its peak in 2014 when it became the official direct sales partner of Manchester City Football Club. The agreement, renewed for ten years, allows QNET to continue to provide ManCity-led football clinics to communities around the world and to connect more closely with consumers and distributors around the world through the various club channels.

Schedule of matches sponsored by QNET during the Africa Zone qualifying stage of the Qatar 2022 World Cup are as follow:

September 1 – 4:

Mali vs Rwanda – September 1 at 19:00 GMT – Location: Agadir, Morocco

Algeria vs Djibouti – September 2 at 19:00 GMT – Location: Blida, Algeria

September 5-7:

Ivory Coast vs Cameroon – September 6 at 19.00 GMT – Location: Abidjan, CIV

Burkina Faso vs Algeria – September 7 at 19:00 GMT – Location: Marrakech, Morocco

October 6 – 9:

Tunisia vs Mauritania

Nigeria vs Central Africa

Ghana vs Zimbabwe

November 10 – 13:

Togo vs Senegal

Tanzania vs DR Congo

Libya VS Egypt (to be confirmed)

November 14-16:

Cameroon vs Ivory Coast

Ghana vs South Africa

About QNET

QNET is one of the leading e-commerce based direct selling companies in Asia, offering a wide range of health, wellness and lifestyle products that empower people to lead better lives. QNET’s local business model, fueled by the power of e-commerce, has helped empower millions of entrepreneurs in more than 100 countries around the world. QNET is headquartered in Hong Kong and operates in more than 25 countries around the world through subsidiaries, branches, agency partnerships and franchisees. QNET is a member of the Direct Selling Association in several countries, as well as the Hong Kong Health Food Association and the Health Supplements Industry Association in Singapore, among others. QNET is also active in sports sponsorship around the world. Some of the most prominent partnerships include the Manchester City Football Club direct sales partnership and the CAF Club League African Championships.

For more information on QNET, visit www.qnet.net

September 16 is International Identity Day

By Amin Kef Sesay

Thursday, the 16th September, is International Identity Day which is observed by more than 100 organizations, including Government and humanitarian agencies, campaigners, standard organizations and NGOs. The Coalition came together two years ago to inspire an official declaration from the United Nations in honor of the UN’s Sustainable Development Goal 16.9 to provide legal identity for all, including free birth registration.

Sierra Leone will join other countries around Africa and the world to commemorate the International Identity Day.

This year’s commemoration comes at a time when the Director General at the National Civil Registration Authority (NCRA), Mohamed Mubashir Massaquoi, has been re-appointed Ambassador for ID4Africa for Sierra Leone pursuant to the ID4Africa Movement Policy, Code of Conduct and Ethics.

Many important issues on the international development and human rights agenda have an observance day. For example, 10 December is Human Rights Day, while 20th of June is Refugee Day. It is time for identity to have a day of observance. International days of observance are an effective and practical way to raise awareness and generate momentum around a particular subject matter. In the case of ID Day, it raises awareness on the need for Identity for All.

According to the UN, the observance of such a Day contributes to the achievement of the purposes of the UN Charter and promotes awareness of and action on important political, social, cultural, humanitarian or human rights issues. They provide a useful means for the promotion of international and national action and stimulate interest in United Nations activities and programmes.”

The purpose of this day is to raise awareness about the important role identity plays in empowering individuals to exercise their rights and responsibilities fairly and equitably in a modern society. Countries and Organizations that choose to observe this day, would be encouraged to organize events and activities that stimulate public awareness and sensitize legislators and public servants about the responsible adoption of official identity and the necessary protection around it to ensure that it is a tool for public good.

SDG 16.9 made ‘Legal Identity for All’ an important development goal which was embraced by all 193-member States at the United Nations.

This campaign is the logical extension of that work. The campaign was initiated by ID4Africa at the 4th Annual Meeting of the ID4Africa Movement on 24 April 2018, in Abuja, Nigeria. The launch was met with strong support whereby over 1500 individual signatures endorsing the proposition were collected. This represented nearly 99% of the delegates in attendance.

In early August of 2018, the campaign moved from individual to institutional engagement in preparation for policy advocacy by these Institutions that will sensitize UN member delegations and their Governments about the importance of Legal Identity.

Director General of the National Civil Registration Authority (NCRA) Mohamed Mubashir Massaquoi who doubles as the Ambassador for ID4Africa Movement in Sierra Leone, Member, Advisory Committee – Secure Identity Alliance (SIA) and currently the Regional Vice Chairman for Bureau of Civil Registration, Vital Statistics and Identity Management -Africa said he is excited about the day on the note that it is an opportunity for us as a country and as a Government to continue to demonstrate to the African Continent and the world at large our resolve and commitment to guarantee the right of all residents in Sierra Leone the right to Legal Identity through a well-functioning Civil Registration, Vital Statistics and Identity Management System.

He added that “with support from Government and its Development Partners, Sierra Leoneans and other residents are assured of a secure and trusted identity service”.

While thanking other Ministries, Departments, Agencies, Civil Society Organizations, and Development Partners, Ambassador Massaquoi urged all stakeholders, “to advocate for the declaration of September 16 to be officially recognized and observed as “National Identify Day” like other important Days that are recognized as such since Identity touches everyone including the poor, rich, old, young, sick, stateless, Refugee etc. he maintained”.

By Almost 50%… Zoodlabs Continues to Bridge the Country’s Digital Divide

By Amin Kef Sesay

Zoodlabs SL Ltd is a comprehensive technology and smart utility infrastructure company. The Government of Sierra Leone leased out the submarine network and its ancillary infrastructure to Zoodlabs as a drive to bridge the digital divide.

Access to affordable quality connectivity is still a challenge in Africa. In Sierra Leone, about 18% of the population is connected to the internet: 16% via their phone and 2% from mobile dongles or fixed wireless broadband.

According to Management of the company, they believe one of the quickest ways to leapfrog economic barriers in Africa is to solve the digital divide and make broadband internet access commonplace.

From what this medium learnt such is the philosophy of a business model at Zoodlabs. During the first six months of their operations in Sierra Leone, they have reduced the cost of wholesale internet pricing by almost 50%, increased network total capacity from 80GBs to 1/2TBs, and today they are rapidly deploying the largest and first multi- tenancy fiber broadband infrastructure in a single city in the Mano River sub-region.

Davar Fazaeli, Founder and CEO, Zoodlabs, says, “Together with our partners; CrossBoundary Energy, USAID, The Shell Foundation, Powerhive and Netis, we have allocated between USD.1, 500,000 to USD 2,000,000 in capital investment to produce captive renewable energy of up to 1.2 megawatts, making the submarine fiber optic and our metro infrastructure the first fully green network in the sub-region.”

The new solar power grid will have the capacity to run for up to 356 hours across all the company’s sites without a genset, reducing the network’s carbon dioxide emissions by 347.41 tonnes per year.

James Shoetan, Head of Business Development, CrossBoundary Energy, says, “CrossBoundary Energy’s focus is selling clean, reliable energy to businesses across Africa. Zoodlabs has an incredible vision to improve Sierra Leone’s broadband internet access and power that infrastructure entirely with off-grid renewable energy. We are thrilled to be working with Zoodlabs, PowerHive, and Netis to deliver this significant project for Sierra Leone’s digital economy. It is a great example of what we think solar energy can do to revolutionize business in Africa.”

Zoodlabs stated that in their journey to build the digital runway for Sierra Leone, they are very mindful of their commitment to the climate. According to the company that is why they support smart environmentally-friendly communities.

The company says it is a significant part of their journey to connecting millions of smiles.

More Laurels for Salone as…   Rokel Bank MD Listed Among 50 Most Reputable Bank CEOs in Africa 

By Amin Kef Sesay

Reputation Poll International LLC, a leading global reputation–management firm, has included the Managing Director of Rokel Commercial Bank among its list of 50 most Reputable Bank CEOs in Africa. Dr Ekundayoh Gilpin is in a list of top banking executives from Nigeria, Kenya, Ghana, Egypt, South Africa and other big African economies that have been singled out for being the most forward looking CEOs on the continent.

This year’s poll recognizes banks COEs “who have built and played an imperative role in revolutionizing the banking sector based on the following criteria; Expertise, Technology, Excellence, integrity Reliability, and ease of credit. They have helped their banks attain a great height of performance…”  A prominent name in the list is the oldest CEO in Africa, Othman Benjellouma, a Moroccan banker, billionaire and businessman who co-founded the Bank of Africa and BMCE Bank.  He has an estimated worth of US1.3 Billion according to Forbes Magazine.

Dr Ekundayo Giplin is the first- ever Sierra Leonean bank executive to be recognized in a group of 50 elite bankers in Africa.

This, cannot be unconnected to his sound his management and transformative policies that have invariably repositioned the Rokel Commercial Bank from a loss making to a profit making financial institution. On top of an ambitious expansion and marketing initiated in 2018, the Rokel Commercial Bank is rolling out a robust digitization programme that would introduce paperless transaction at every level in it’s banking operations. The bank’s profits margins have been on an upward trajectory with an average of Le90 Billion profit after tax per annum.

According to the 2020 Mckinsley Report, the COVID -19 pandemic has dealt a severe blow on Africa’s banking industry with a significant decline in Return on Equity (ROE) or profitability from 14% in 2019 to 7% in 2020. The report adds, “These statistics are significantly better than average return on equity expected from developed markets which is estimated to dip below 1.5% in 2021.

The report also states that these leading banks are properly positioned by innovative CEOs and MDS who utilize adaptable strategies for emerging market trends. “They not only manage new operating models but also sustain a more functional innovation programme that banks retain to their advantage as fintech systems progresses,” the reports adds.

Speaking to this medium, Dr Ekundayo Gilpin said the recognition is not just about himself but rather, a feather on Sierra Leone. “With humility, I want to thank those who put this poll together to come out with such a result that favours me and my country. This simply is additional motivation to continue serving and make a difference,” he said.

TEES Garment Factory is Set to Manufacture & Supply PPEs for Mining Companies

By Amin Kef Sesay

Since he assumed the position as President of Sierra Leone after the 2018 General Elections, His Excellency Julius Maada Bio has been putting premium on luring investors to invest in different areas. As if responding to the clarion call of the President, one of the country’s highly respected personalities, Alhaji Musa Tarawally, recently established what could be best described as an unprecedented state of the art garment factory situated on Wilkinson Road in Freetown.

In an exclusive engagement, the Proprietor intimated that for now he is putting premium on three key areas namely industrial garment production, capacity building and printing.

“The main objective behind the establishment of the garment factory is to make it a component in this country that will tremendously contribute to overall socio-economic development,” Musa Tarawally disclosed in a business-like manner adding that currently there are 18 experts from Pakistan, India, Cape Verde, Philippines and their main task or focus is to transfer knowledge to Sierra Leoneans and make production faster.

According to him, the factory has the capacity to employ 250 workers and produce a minimum of 50,000 dresses monthly further revealing how they are now training 250 Sierra Leoneans in industrial tailoring.

“Our product lines will be school uniforms, military, police, prisons, fire force and all security uniforms, industrial wears, wedding dresses and all fashion wears,” he optimistically revealed.

As a country that is richly endowed with various mineral resources it is understandable that there would be mining companies operating in different parts of the provinces.

Employees of these mining companies, while on operations, are mandated to put on personal protective wears, most of which are imported overseas. With a garment factory like TEES, fully equipped, it is but prudent on the part of Managements of the various mining companies to procure all their workers’ personal protective wears from the factory.

It is advisable that rather than buying those personal protective equipment from overseas, some of which are of inferior quality, TEES Garment Factory can easily fit in to manufacture them as per specifications and supply them.

It must be underscored at this juncture that Government has the onus of deepening the country’s Local Content Policy which must be tailored in the way of promoting indigenous talents and skills as opposed on dependency on external resources or products. It is far from protectionism but rather a deliberate attempt to create the enabling environment for local ideas and industries to thrive amidst stiff competition.

According to Musa Tarawally the garment factory has the capability of manufacturing and supplying personal protective equipment for mining companies.

“In as much as it is in tandem with enhancing the Local Content Policy it is also very advantageous in the sense that such could be cost effective on the part of these mining companies simply because they will not be paying certain taxes on imported personal protective equipment,” he averred.

Musa Tarawally stated with determination that in the next two years they will expand the company’s production and start cotton plantation all over the country in order to develop the textile factory and at the same time create 25 thousand jobs within 5 years of cotton plantation.

He reiterated that TEES Garment factory will not only offer employment opportunities to Sierra Leoneans directly and indirectly but will definitely boost the country’s economy in diverse ways including payment of taxes to Government.

Based on what he informed, the factory will not only cater for the local Sierra Leone market, but also will be exporting its products to other African countries, America, Asia and the EU, and at the same time is expected to have contractual agreements from countries within the West African sub-region too.

Asked how his investment will position the country he responded by stating that he plans and hopes to make Sierra Leone the best country for professional sewing and garment production in West Africa.

This news medium was made to understand that Truly Excellent and Exclusively Services, as the name implies, is what TEES is offering and will strive to continue to offer.

AYV & MultiChoice Africa Poise to Update the Press on its Linkage to DStv

By Amin Kef Sesay

On the 17th September 2021 the Management of the African Young Voices Media (AYV) Limited, in collaboration with MultiChoice Africa will be hosting a Press Conference and a media tour for the historic launching event of the AYV Channel on DStv. The time is 5.00pm and the venue is the AYV Amphitheater.

It should be noted that besides Nigeria and Ghana, Sierra Leone will become the third country in the West African sub-region to attain such a prestigious opportunity to showcase the country’s rich culture and creative talents on the DStv platform with close to 20 million subscribers across the continent.

The forthcoming Press Conference is intended to officially inform the Press of the AYV Channel on DStv project and to give the Press an exclusive tour of set/production areas already being built.

It must be underscored that the Africa Young Voices (AYV) media empire will go down the annals of broadcasting history in this country as the first news medium in this country that has established a link with DStv Africa. For now AYV programs are now been watched via DSTV Africa Channel 399.

As a result of the materialization of this remarkable feat AYV is  live in thirty (30) countries across Africa for now and there are twenty four countries to be brought abroad. All the West African countries are now connected apart from Ghana and Nigeria of which plans are underway for them to be brought onboard later but importantly it must be stated that other African countries are now on.

This new development is indeed a big boost in the sense that it has now made it possible for the country to gain another presence within the international broadcasting landscape. Sierra Leoneans living abroad will be abreast with current events taking place in the country.

The big brain behind this great leap in Sierra Leone’s broadcasting history is no less a person than the patriot, the savvy entrepreneur and development oriented personality, Ambassador Anthony Navo Jr who happens to be the Founder and Chief Executive Officer of the African Young Voices Media Empire. Many have described him as the embodiment of inspiration.

His ambition to establish the AYV Media Empire started as a dream. He started with a newspaper and later used his private house as collateral to secure a loan of $1.2 million United States dollars from the Bank loan which provided the necessary funds for the purchasing of global standard equipment for setting up the television and radio stations and covering initial operations.

Today AYV Television has a presence in London and Management is committed to make further inroads within the broadcasting landscape both locally and internationally.

NP-SL Ltd Reputation for Efficient Service Delivery Continues to Soar

By Amin Kef Sesay

In this country, the most outstanding and widely recognized petroleum entity that is doing well within the business landscape of this country is indisputably the National Petroleum-Sierra Leone Limited (NP-SL Ltd). The company has gained both internal and international recognition for its efficient service delivery to its many esteemed customers. It is therefore no big surprise for the well-established company to be bagging commendations, accolades and awards from reputable institutions in and out of the country.

One thing which has made NP-SL Ltd to stand tall among other entities hinges on putting premium on effective customer care delivery. The company is highly distinguished for being 1st for Customer Care, as it strives to give optimal satisfaction to its esteemed customers right across the country. In all its petroleum transactions the company does so transparently as it has modern calibrated machines at all its Filling Stations which are highly capable of pumping and displaying the exact quantity of fuel demanded for, be it petrol or diesel, as well as the price. This gives buyers the feeling that they are not cheated when purchasing fuel.

In the same direction, the company has good, up and running tanker vehicles which transport fuel from the fuel depot to the various Filling Stations everywhere in the country. Maintenance is always done on these vehicles to ensure that they are road worthy; something which the Management of the company takes very serious. The importance of regularly doing so is to really ensure that petroleum products are timely delivered to various parts of the country in order to prevent the occurrence of any form of shortage that may affect daily activities and lives.

A company that was established by thirty-five (35) Sierra Leoneans years back, it was made a laid down policy by the Shareholders and Management of the company that special preference must be given to indigenes who have the requisite qualifications in terms of job opportunities. Interestingly, this decision is in tandem with the country’s Local Content Policy which aims at making use of our local resources, both human and material, instead of depending on external resources. This has made it possible for indigenes, who were hitherto unemployed, to now be gainfully employed and be at vantage positions to take care of individual responsibilities. With all amount of justification it could be said that NP-SL is a very caring business entity.

The company has set the pace of expanding its operations in the West African sub-region by establishing branches in Guinea, Liberia, Ivory Coast and the Gambia where they are effectively marketing petroleum products. By doing so it is providing job opportunities for locals in those countries and by extension regularly paying taxes to the Governments of those countries which are used to fund different development projects.

This bold step undertaken by the company is a mark of a company a serious entity that is taking business to a higher pedestal.

NP-SL is very notable for making available NP Smart Card and introducing NP Gas. In this modern age when efforts are being made to operate cashless societies and going digital there is no other moment than this when transactions in petroleum products should not follow suit. With the NP Smart Card, a particular customer could purchase fuel via using the card, just stating the quantity required which is debited from the amount in the card.

The customer can credit it again in order to make future purchases. The biggest advantage is that a customer can properly schedule or budget for the amount of fuel he or she will need over time, meaning that he or she has saved the headache of having to raise cash for the sole purpose of fuelling his or her vehicle. Using the card makes it less time consuming to buy fuel and prevents the movement of physical cash which maybe a customer could use for another emerging need or the cash could be stolen. NP Smart Card is now trending and many are now going for it.

With NP Gas, the cooking needs of individuals are easily solved as it is quick in terms of performance as a cooker. Environmentalists have validated its safety in terms of less emission of dangerous gases and it is manufactured in different cylinder sizes, very portable and easily refilled by purchasing gas at the company’s Filling Stations or its authorized dealers.

With all amount of justification, NP-SL is a thriving company among the myriad challenges it is surmounting. The company is indeed a true development partner that is positively contributing to the socio-economic development of individuals, entities and the country as a whole.

Vickie Remoe Appointed by EziPaySL as Sierra Leone Brand Ambassador 

By Amin Kef Sesay

EziPaySL, the money transfer app making it easier for Sierra Leoneans in the Diaspora to send money is proud to announce TV Host, writer, and podcaster Vickie Remoe as brand ambassador. Through this seasonal partnership, Remoe will be featured in EziPaySL’s digital advertising campaigns and create original content to engage with Sierra Leoneans overseas that want to impact their communities.

“An estimated $127 million is sent and received as remittances to and from Sierra Leone every year, but Sierra Leoneans pay way too much in transfer fees. I’m partnering with EziPaySL to spread the word that there is a cheaper, more convenient way to send money back home with the EzipaySL App,” said Remoe.

“Mobile money is already making it easier for Africans at home and in the Diaspora to transfer money. EziPaySL will transform the way we send money home to Sierra Leone.”

The EziPaySL App allows users to add money via their Mastercard and Visa and transfer funds to anyone with the EzipaySL App. There are two ways to receive money; smartphone users can get funds through the App or directly to an Afrimoney or Orange Money account.

“Vickie is a trusted community leader both at home and in the diaspora, and we are thrilled to develop a relationship with her,” said EziPaySL, Managing Director, Raj Balani.

“This is an exciting time for our fintech startup. We will offer digital QR Codes to businesses and retailers; a swift, simple, and secure way to send and receive remote payments during the COVID-19 pandemic.”

EziPaySL is made possible through a digital initiative supported by UBA and Artificial Intelligence Technologies Limited (AIT Limited).   This partnership allows anyone in Sierra Leone to receive remittances and make payments.
Ezipay is the trademark of EzeePay SL Limited and AIT Limited.

Mercury Dishes Le 8.7M   to   Lucky Football Betting Customers

By Amin Kef Sesay

It was indeed a memorable day for Mercury International sports betting customers, as on the 13th September  2021, the company made an enormous payout, totaling Eight Billion, Seven Hundred and Thirty-One Million, Three Hundred and Seventeen Thousand, Eight Hundred and Fifty-Three Leones (Le 8,731,317,853) to the delight of Thirty-One Thousand, One Hundred and Thirteen (31,113) customers.

Just like the back-to-back winnings in the opening weekends of the 2021/22 top European football league season, this past weekend was another joyful moment for the sports betting customers, who delightedly cued at the company’s Walpole Street office to collect their bumpy cash.

The Mega List continues to bring smile to the faces of Mercury International football betting customers, as it produced another big and massive winning, as Set 21433 saw a total of Seven Billion, Five-Twenty-Seven Million, Twenty-Seven Thousand, Two Hundred and Twenty Leones (Le 7,527,027,220), the Long List Set 16566 followed with a total of Three Hundred and Forty-Nine Million, Seven Hundred and Thirty-Two Thousand, Four Hundred and Eight-Seven (Le 349,732,487).

September Month is seen to be greeted with a continuation of massive winnings and the highest of three successive winnings, running from last August, as the Company on Wednesday, August 25 2021 made a total payout of Three Billion, Forty-Six Million, Five Hundred and Five Thousand, Six Hundred and Ninety-One Leones (Le 3,046,505,691) for football betting to over Eleven Thousand, Six Hundred and Seventy-Five (11,675) customers.

Responding to the joyous mood of the lucky winners, the company’s Managing Director, Martin E. Michael, who jetted from his long vacation further expressed delight for the massive winnings of over thirty one thousand customers from across the country.

“What a way to welcome me home by our valued and lucky customers who have become millionaires by simply playing our football betting product on the red box and online,” Martin Michael stated.

The MD assured the public that every genuine winner is going to receive his or her money, and further encouraged other people who are yet to patronize with the different products of Mercury International, to grab the opportunities of becoming the next Millionaires.

Meanwhile, the opening weekend of the 2021/22 top European football league season also sighted a dazzling moment for sports betting customers, as the Bonus King and the country’s leading Sports Betting and Lottery Company, on Monday 16th August, made a banging payout, totaling Three Billion, Five Hundred and Sixty-Eight Million, Two Hundred and Fifty-Seven Thousand, Four Hundred and Sixty-Five Leones (Le 3,568,257,465) in football betting, leaving a total of Twelve Thousand, Five Hundred and Eighty-Seven (12,587) customers in a euphoric mood.

The following weekend, August 21st 2021, another big win from the Mega List Set 21425 produced a total of Two Billion, Fifty-Nine Million, Five Hundred and Sixty Thousand, One Hundred and Three Leones (Le 2,059,560,103), whiles Saturday’s Long List Set 16531 followed with a massive Five Hundred and Fifty-Three Million, Seven Hundred and Twenty-One Thousand, Five Hundred and Seven Leones (Le 553,721,507).

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