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Six Facebook Messenger Bots To Use – Trivoxx, Mastermind Games Bot, Mr. Ink, Evii, MathHook, Adam

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The following are the leading Messenger bots from Middle East and North Africa.

Gaming and Entertainment
Trivoxx from Morocco, winner of gaming and entertainment category, is a bot that allows one’s or a group of friends test their trivia on sports, science, and cities in three languages: Arabic, French, and English.

Mastermind Games Bot from Egypt is a collection of five interactive games to solve codes based on various combinations of logic and memory. Every time a user guesses the correct code, a cave safe will open to obtain a diamond. Users can share games with their friends as they vie for the top scores.

Productivity and Utility
If you like to read books, then you’ll agree that Mr. Ink from Egypt is the winner in the Social Good category. Users can either type a book name, or snap a photo of the book cover, to obtain information about the book including its author, rating, and book description.

Evii from Jordan helps customers order and pick up food via its bot. Evii seize the opportunity to expand by building more end-to-end customers tools.

Social Good
MathHook from Egypt, is the winner in the Social Good category. It brings math into everyone’s life by helping users to solve complex math problems and search for math courses on YouTube across 3000 math videos. There’s also a chat function to connect users with teachers or other students to solve math problems. MathHook is also a student submission to this Challenge.

Adam (9 months) from Egypt aims to create community for pregnant women via tools and guidance, and safe communication channels between community members. Adam utilizes additional features such as location services to let users search for nearby pregnancy care, baby or maternity places. It also has an analytics tool to log user actions in custom events with custom parameters to better understand community perspectives.

Acquiring Konga And Unity bank Plc Will Reposition Interswitch [Video]

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This is a videocast supporting our proposal for Interswitch to buy Konga and Unity Bank in order to deepen its competitiveness through a well differentiated platform.

Interswitch has been heralded as a future unicorn, a private technology company with valuation of at least $1 billion, by TechCrunch. Then, it was expected that Interswitch would go public in the Nigerian Stock Exchange and London Stock Exchange, in 2016. That exit, through IPO, did not happen and it would be assumed that Helios was disappointed.

….

We propose for Interswitch to buy a bank and Konga. Together, both will provide growth drivers which will be catalytic. Public traded Unity Bank is worth about $31 million according to Bloomberg Markets. Interswitch could pay a premium and acquire it for $40 million;  Konga is worth about $34 million.

 

Interswitch Should Buy Konga And Unity Bank Nigeria

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Interswitch, a pioneering digital payment processing company, is one of the premier technology companies in Nigeria. At its core, it facilitates the electronic circulation of money as well as the exchange of value between individuals and firms. Founded in 2002, by Mitchell Elegbe, the company has expanded operations into other African countries.

The company provides switching infrastructure that connects banks in Nigeria and its technology powers ATM cards. In its sector, it is the Category-King with excess of 20,000 ATMs in its network.

It owns the Verve brand, a payment card in Nigeria, which once accounted for nearly 80% of the total cards in circulation. Verve is now available in Kenya. The company owns an online payment platform, Quickteller, which is integrated in websites in many Nigerian companies, and had processed billions of dollars of transactions. It also operates Retailpay, a mobile business management ecosystem, which is not really very popular, but growing. The Smartgov is used by local governments as an identity management e-payment infrastructure.

It has done deals as it pursued growth and diversification in the past. It acquired a mobile fintech company VANSO, for $50 million, which provided solutions in mobile banking, SMS and digital security thereby positioning Interswitch for digital commerce. It also bought into Bankom Uganda, and Paynet, a payment provider, operating mainly in East Africa. In 2015, it unveiled a $10m investment fund for African start-ups. ACE, a logistics firm, founded by Jumia Nigeria founders received $3m funding from this fund. SlimTrader, a mobile payment firm, also received $1m investment from Interswitch fund. About two thirds of the firm is owned by a consortium led by Helios Investment Partners. Helios had paid $96 million for a 52 percent stake in Interswitch in 2010.

In December 2010, an investor group led by Helios agreed the acquisition of a majority equity interest in Interswitch Limited (“Interswitch”), the largest payment processing service provider in Nigeria. Helios’ $96 million investment represents a 52% interest on a fully-diluted basis. Interswitch has been at the forefront of the development and growth of the e-payment sector. It also administers Verve, the leading debit card scheme in the country. The firm offers integrated message broker solutions for financial transactions, e-Commerce and e-billing solutions, telecoms value-added services and payment collections solutions.

The Valuation, IPO, Looking for Exit

Interswitch has been heralded as a future unicorn, a private technology company with valuation of at least $1 billion, by TechCrunch. Then, it was expected that Interswitch would go public in the Nigerian Stock Exchange and London Stock Exchange, in 2016. That exit, through IPO, did not happen and it would be assumed that Helios was disappointed. The more Interswitch waits, the more Nigerian market matures for foreign competitors to come. The barrier of entry in this business is largely minimal considering Paypal and Stripe global ambitions. According to Bloomberg, Interswitch did shop for buyers in leading U.S. financial instructions in the neighborhood of $1 billion, but none worked out. Network International LLC  was rumored to be interested but at the end nothing happened.

In Q1 2017, TA Associates, a leading global growth private equity firm, announced it has acquired a minority equity interest in Interswitch. Helios remains a majority owner.

By comparison, another payment processor,  eTransact, is worth about $70 million, according to Bloomberg Markets.

The Challenges

Interswitch is facing severe competitions from Visa and MasterCard. In a vertical integrated market, the options available from these alternative partners would continue to stifle its growth. In the past, most of the bank relied exclusively on Interswitch, but now, they have switched to the foreign players. This has made it possible for companies like Paystack, Flutterwave, Paga and others to build their businesses locally and Africa-wide without necessarily depending on Interswitch. One of the products Quickteller, which in 2016 had processed nearly $3 billion transaction, has major competitors in Flutterwave and Paga.

Besides, markets like Kenya and Ghana will not be easy; the local companies there are very dynamic and are increasingly seeing Nigeria, Interswitch home country, as a place to anchor future growth because Nigeria’s relative large GDP. M-PESA takes Kenya out and as it expands across East Africa, it makes succeeding there very difficult. The home country is not assured because recession has reduced purchasing power which expectedly affects abilities to spend money, which Interswitch depends for its business.

But despite these challenges, Interswitch operates in one of the best markets in Africa with lots of opportunities. As noted in a statement released during TA Associates investment:

The digital payments evolution is in the early stages of development in Nigeria, with cash used for 99% of transactions according to McKinsey & Company, versus approximately 50% for developed markets in North America and Europe. Despite the young market, the size of the Nigerian payments opportunity is underpinned by its continent-leading population and sizeable economy. Based on estimates from McKinsey & Company, Interswitch occupies a leading position in the emerging marketplace, especially in debit cards, which comprise 99% of all cards in Nigeria.

A New Strategy – Our Proposal And Why

Today, as Nigeria remains weak and economy on recession, with the acute foreign currency shortage, it will be extremely challenging for Interswitch to exit so that Helios can return money to investors. The remaining strategy that makes sense is growth,

Interswitch understands that and is already focusing on expanding partnerships. It moved trading in Nigeria to the cloud with Misys. It is also working with Ingenico to deepen multi-channel payment solutions

The goal for Interswitch is to become a leading platform for digital business in Nigeria. It must find a way to make it happen. It must work to take cut in any digital economic activity in Nigeria and pursue a sustained long-term dominant strategy. This means it must build a sustainable differentiated product. It must build up its primitives and close the flanks.

We propose for Interswitch to buy a bank and Konga. Together, both will provide growth drivers which will be catalytic. Publicly traded Unity Bank is worth about $31 million according to Bloomberg Markets. Interswitch could pay a premium and acquire it for $40 million;  Konga is worth about $34 million.

Interswitch should acquire a lending license from Unity Bank. That will help it begin to build a credit system in Nigeria in partnership with NIPSS. Post-acquisition, it will focus on digital banking, closing some branches of Unity Bank and dedicate its efforts to build Nigeria’s first internet-only bank. Through this, the bank will use the data from its ecosystems to perfect lending systems which will help drive it growth.

For Konga, Interswitch will be buying into customers. It will quickly sell any inventory and turn Konga into a pure marketplace but with warehouses to enable Konga customers to store their products which will be sold in Konga ecosystems. The investment in ACE, the logistics company will then be expanded to ensure that Konga’s marketplace is strengthened. This will provide Interswitch with customers which will be critical in its growth.

Both Konga and Unity Bank will give Interswitch paths and customers to enable it become a truly new-bread service provider which is going to be protected by scale and outreach. 

In conclusion

The future of Interswitch will be determined if it can make itself a platform- anchored payment ecosystem in Nigeria. Any plan to remain a switching firm poses existential threats as banks can easily build their own. GTBank has already done this, replacing Interswitch with GTPay in its online ecosystems. This means that they can bypass anything Interswitch offers today. So, the best strategy is to transform itself from within. Locking customers and having a platform is the only way to do this.

Nigeria To Tap Alternative Savings Account (Recovered $1.8B Looted Funds) To Fund 2017 Budget

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Nigerian government will be bailed out of its budget funding through its strategic planning over the years which made it so easy for government workers and politicians to steal with impunity. Now with a stroke of genius, government will use the recovered stolen fund as though it is a strategic savings account which can be tapped in the time of scarcity. For the 2017 budget, the looted funds come handily. Nigerian government will fund its budget to the capacity of N559 billion (about $1.8 billion) from recovered looted funds, according to News Agency of Nigeria.

The federal government said on Monday it would use a fraction of the looted funds recovered so far to finance part of the 2017 budget.

The Minister of Budget and National Planning, Udoma Udoma, said this at the 2017 budget breakdown in Abuja.

He said the total revenue projected was N5.08 trillion, with 11 per cent (about N559 billion) coming from the recoveries made.

Now, they will allow them to continue to loot instead of strengthening processes to prevent corruption. But as you can imagine, these looted funds can be helpful.

But give the present government credit for actually making these looted funds work for the citizens. But its greatest legacy will be making sure Nigeria does not have to rely on looted funds to fund its future budgets. We need to close all the holes that make stealing possible!

 

Northern Youth Group Writes Open Letter Asking Osinbajo To Grant Biafra Republic To Igbos – Full Text Of Letter

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How we wish there is an unbiased SSS which can arrest these guys. But they will not. Nigeria cannot afford this type of problem-makers.Both the boys from the North and the South-East should be put in jail. Just saying it is evil because not everyone will understand it with any good intention they may have. If the youth leaders in South-East and Northern Nigeria calling these are jailed, these young people will leave Nigeria alone to deal with important things like energy, education etc instead of nonsense of secession which everyone knows will not happen.

Yes, a coalition of northern youth groups that recently gave Igbo people in the North three months ultimatum to vacate the region has urged Acting President Yemi Osinbajo to allow Biafran secessionists succeed through peaceful means. This is the letter according to Premium Times.

 

June, 19th 2017

His Excellency,

Professor Yemi Osinbajo,

Acting President,

The Federal Republic of Nigeria,

Aso Rock Presidential Villa

Abuja

                     OPEN LETTER

Your Excellency,

APPRECIATION

On behalf of this coalition and all the peace-loving people of Northern Nigeria, we begin this letter by commending your efforts towards finding a lasting solution to the lingering Igbo-induced crisis that is undoubtedly overheating the polity.

We sincerely believe Your Excellency’s good intentions as shown by your prompt and genuine actions towards ensuring peace and stability in holding talks with leaders of the North and the South-East.

Though we do not doubt Your Excellency’s bona fide concerns for the peaceful resolution of the crises, we nevertheless have reservations as to the efficacy of this approach in ensuring lasting solutions.

Our doubts are informed by the following historical antecedents that have characterized the behavior and conduct of the Igbo in Nigeria and previous efforts at containing them.

PAST EXPERIENCES

The Igbo of Eastern Nigeria manifested their hatred for Nigeria’s unity barely five years after we gained our independence from the British when on January 15, 1966, their army officers carried out the first-ever mutiny that marked the beginning of a series of crisis which has profoundly altered the course of Nigeria’s history.

By that ill-motivated, cowardly and deliberate action, the Igbo killed many northern officers from the rank of lieutenant colonel upwards and also decapitated the Prime Minister and the political leadership of the Northern and Western regions but left the zenith of Igbo leadership at the Federal level and the Eastern region intact.

In line with the Igbo plan, General Aguiyi-Ironsi took advantage of the vacuum and, instead of returning power to the remnants of the First Republic government, he appropriated the coup and attempted to consolidate it for his people.

Army officers of the Northern Region were eventually compelled to execute a counter-coup on July 29, 1966, following a coordinated series of brazen provocations from the Igbo who taunted northerners on northern streets by mocking the way leaders of the region were slain by the Igbo. This, unfortunately, resulted in mob action which resulted in the death of many Igbos.

And when Lt. Col. Yakubu Gowon, from the North, took over as Head of State following the counter-coup, the Igbo through Lt. Col. Ojukwu, characteristically refused to recognize Gowon.

[Ojukwu]

Ojukwu declared the secession of the Igbo people from Nigeria and the formation of the Republic of Biafra on May 30, 1967, resulting in a civil war that led to the tragic deaths of more than 2 million Nigerians.

It is important to note here that the Igbo eventually capitulated and conceded defeat in an unconditional surrender, not an armistice, on January 15, 1970, which renders any talk about Biafra at any other time, a repudiation of the terms of that surrender signed by Phillip Effiong and other Biafran leaders.

BIAFRA REINCARNATED

In a shot out of the blues, the Igbo have over the last 2 years regrouped and fiercely and openly started discussing Biafra again under Ralph Uwazuruike of the Movement for the Actualization of the Sovereign State Of Biafra MASSOB.

This was given greater impetus by a more furious Igbo rogue group called the Indigenous People Of Biafra IPOB under Nnamdi Kanu who even operates an illegal radio station spreading hate and war messages across the nation, calling other ethnic groups all sorts of names and threatening them with violent extermination.

The activities of the Igbo under Kanu’s IPOB has grown exponentially ranging from ordering people of other regions out of the South East – particularly the Yorubas and Hausa /Fulani from the South West and the North respectively, to open declaration of the amassing of arms and forceful total shutdown of the entire South-East.

KANU and IPOB have declared full allegiance to a “Republic of Biafra” and continue to preach hatred and war virtually every day, and not for once did any Igbo leader call them to order. Instead, many of the leaders including Mr. Ike Ekweremadu, the Deputy senate president, the most senior elected Igbo, pay Kanu courtesy calls to prove that he is speaking for the entire Igbo. It is glaring to all that Kanu has serially breached all the terms of his stringent jail conditions in total disregard to the sanctity of our justice system.

Even the latest statement by the South-East Governors Forum signed by Governor David Umahi of Ebonyi State in a response to the Northern reaction did not condemn Kanu and Uwazuruike but characterized their action as “peaceful”.

While all this is going on, neither the Igbo political and cultural leaders nor other regional leaders of the North or West nor the international community or any religious body ever found it necessary to call these renegade groups to order or in the very least admonish their leaders to do so.

[Imo State Governor, Rochas Okorocha]

Furthermore, none of the Igbo leaders holding various positions in this government ever disowned IPOB or condemned its operations until lately with Governor Rochas Okorocha’s mild condemnation after the Kaduna Declaration by our Coalition.

GROUNDS FOR SUSPICION

Given the unrepentant antecedents exhibited by the Igbo as highlighted above, we strongly believe that the gruesome picture that the Biafran agitation represents is beyond a few people showcasing to Your Excellency that the Igbo will eventually heed the call for peace and desist from their dangerous campaign against Nigeria.

The seed of hate planted in the name of Biafra is evidently so deep that the ongoing interaction between you and the leaders from the South East cannot in our well informed opinion douse or address the underlying deep seated  underlying problems.

We base our concerns on the following grounds.

Despite the fact that the Igbo have been the most accommodated and tolerated of all the ethnic groups of Nigeria, the renewed incessant, spiteful and vile threats and insults on Northern leaders and their people, culture and religions that are the targets of this venomous agitation for Biafra, can hardly be addressed through a series of two hours dialogues.

As if to prove this, barely hours after Your Excellency’s meeting with the South-East leaders, the Biafran Igbo openly disowned the leaders and dissociated themselves from the meeting.

More disturbingly, Kanu has openly claimed that the Biafran agitators have amassed arms in readiness for a war of secession which is quite conceivable given the fact that since 2009, catches of dangerous weapons routinely smuggled into the country and occasionally intercepted by the Nigerian authorities, were all traced to Igbo sources.

The situation continues to be baffling and alarming and therefore unacceptable – especially with the Igbo political and opinion leaders openly legitimizing the violent comments, insults, threats, hate speeches and call to anarchy that the Biafrans led by Nnamdi Kanu are making against the North and the Nigerian state in general.

Southeast leaders have instead, enthusiastically given Kanu the platform, patronage and symbolic legitimacy through an ignominious display of homage, reception and open embrace.

OUR CONCERNS

Concerned by the fact that the Biafrans have confessed to arming themselves for a violent breakup, we feel that it is risky for the rest of the country particularly the North to go on pretending that it is safe for us to co-habitate with the Igbos given how deeply they are entrenched in our societies.

And since evidently, the Igbos have not been sufficiently humbled by their self-imposed bloody civil violence of 1966, we are strongly concerned that nothing short of granting their Biafran dream will suffice.

And since the Igbo have virtually infiltrated every nook and cranny of Northern Nigeria where they have been received with open arms

as fellow compatriots, we strongly believe that the region is no longer safe and secure in the light of the unfolding threats and the fact that for a long time, the Igbo have gone to extraordinary lengths to ensure that in their domain in the South East, Northerners and Westerners are as much as possible disenfranchised from owning any businesses whereas, in Kano alone, they own not less than 100, 000 shops across all the business districts.

That since the younger generation of Nigerians makes up for more than 60 percent of the nation’s population, it is our hope that they inherit this country in better shape so that they can build a much better future for themselves and their offsprings in an atmosphere that is devoid of anarchy, hate, suspicion and negativity that characterize the polarized, and clearly irreconcilable differences forced on us by the Biafran Igbos.

To make a bad situation even worse, their leaders have continued to show support for this treacherous cause and thus giving credence to our concern that what they say about us is what they truly mean and intend – “Kill everyone in the Zoo” (North). Your Excellency, we cannot afford to discard this as mere mischief as the utterances that caused the terrible Rwandan genocide still resonates in our minds.

Lastly, Sir, it is quite impossible to expect that other nationalities would simply stand by and watch while a certain ethnic group perpetrates all the above heinous misconducts that involve threats, call to violence and extermination, insults and songs of war without responding.

OUR STAND

While we unequivocally restate that we are not waging war or calling anyone to violence, we nevertheless are also not willing to continue tolerating the malicious campaign and threats of war that the Igbos have continued to wage against us.

Neither can we afford to continue giving the keys to our cities to a people whose utterances, plans and arrangements are clearly geared towards war and anarchy.

We, therefore, demand that the only enduring solution to this scourge that is being visited on the nation is complete separation of the states presently agitating for Biafra from the Federal Republic of Nigeria through a peaceful political process by:

Taking steps to facilitate the actualization of the Biafran nation in line with the principle of self-determination as an integral part of contemporary customary international law.

The principle of self-determination has, since World War II become a part of the United Nations Charter which states in Article 1(2), that one of the purposes of the UN is “to develop friendly relations among nations based on respect for the principle of equal rights and self-determination of peoples.

We submit that this protocol envisages that people of any nation have the right to self-determination, and although the Charter did not categorically impose direct legal obligations on member States; it implies that member States allow agitating or minority groups to self-govern as much as possible.

This principle of self-determination has since been espoused in two additional treaties: The United Nations Covenant on Economic, Social, and Cultural Rights and the United Nations Covenant on Civil and Political Rights. Article 1 of both international documents promote and protect the right of a people to self-determination. State parties to these international documents are obliged to uphold the primacy and realization of this right as it cements the international legal philosophy that gives a people the right to self-determination.

As the Igbo agitations persist and assume threatening dimensions, we submit that there is need to ensure that they are given the opportunity to exercise the right to self-determination as entrenched under the aforementioned international statutes to which Nigeria is a signatory.

PRAYERS:

Aware that the right of self-determination in international law is the legal right for a “people” that allows them to attain a certain degree of autonomy from a sovereign state through a legitimate political process, we strongly demand for a referendum to take place in a politically sane atmosphere where all parties will have a democratic voice over their future and the future of the nation.

The Igbo from all over the country and in the Diaspora should be advised to converge in their region in the South-East for a plebiscite to be organized and conducted by the United Nations and other regional bodies for them to categorically to decide between remaining part of Nigeria or having their separate country.

That government should at the end of the plebiscite implement whatever is agreed and resolved in order to finally put this matter to rest.

Lastly, we pray His Excellency to study the references forwarded with this letter dispassionately and decide who is more in the wrong between those who openly pledge allegiance to a country other than Nigeria backing it up with persistent threats of war and those of us whose allegiance remains with the Nigerian state but simply urge that the secessionists be allowed to actualize their dream peacefully throw universally entrenched democratic options.

CONCLUSION

Your Excellency, we want to reiterate our high respect for your office and acknowledge the efforts you are making to lower tensions. We assure you, as well-brought up northerners, we listen to the advice and cautions of our elders, and in particular, their concerns that we do not create the impression that any Igbo or any Nigerian will be harmed in the North. We assure you that we will defend the rights of every Nigerian to live in peace and have their rights protected.

While we do not see this clamour for Biafra as an issue over which a single drop of blood should be shed, we at the same time, insist that the Igbo be allowed to have their Biafra and for them to vacate our land peacefully so that our dear country Nigeria could finally enjoy lasting peace and stability.

Long Live the Federal Republic of Nigeria.

SIGNED:

Amb. Shettima Yerima

Joshua Viashman

Aminu Adam

Abdul-Azeez Suleiman

Nastura Ashir Sharif