Daily Archives: December 13, 2018

Emergent Technology™ Acquires Interpay Africa

The acquisition expands Emergent Technology Holdings LP’s payments capabilities in Africa for international merchant clients and strengthens Interpay Africa’s local presence

SANTA CLARA, California, Dec. 13, 2018 /PRNewswire/ — Emergent Technology Holdings LP (“EmTech”), a global financial technology company, is pleased to announce it has acquired Interpay Limited (“Interpay Africa”), a payments processor based in Ghana. The acquisition extends the operations of EmTech’s digital payments business, Emergent Payments®, a local payments provider in 70 emerging markets.

Emergent Technology Holdings Company Logo (PRNewsfoto/Emergent Technology Holdings LP)

Interpay Africa connects African merchants to local and international payments capabilities across mobile money, traditional payment and local bank platforms. The company has over 40 employees in offices in Ghana, Benin and Pakistan.

“This investment demonstrates EmTech’s total commitment to Africa and our unwavering belief in the region’s potential. African markets are highly complex and require a meticulous approach,” said Tim Davis, EmTech’s Managing Director, EMEA. “We are accelerating our African expansion with technical solutions already integrated with local participants and an on-the-ground team with a deep understanding of the consumer culture and regulatory environment.”

Emergent Payments is a payment facilitator for large-scale digital merchants expanding into emerging markets. Through a single API integration, merchants gain access to local payment services in emerging market countries throughout Asia Pacific, Latin America, Africa and the Middle East. The Interpay Africa acquisition marks the launch of EmTech’s Africa 20-20-20 strategy, expanding Emergent Payments’ services into 20 African countries by 2020.

“Africa presents incredible e-commerce growth opportunities. The young population of over a billion people is rapidly embracing technology innovation and is increasingly demanding goods and services, both local and foreign. The payments landscape is developing fast. We are excited to be part of EmTech’s vision to further advance local payment services across the region and to provide the best regulatory, tax and FX solutions to global merchants,” said Saqib Nazir, Interpay Africa’s CEO.

EmTech will also launch its G-Coin digital tokens into the African market in 2019. G-Coin tokens are digital certificates of title to responsibly sourced physical gold and are a viable alternative to volatile local currencies.

“We are enthusiastic about bringing more African consumers into the financial system. With G-Coin tokens, the unbanked and underserved can sustain their wealth and interact with their community, local businesses, and indeed global merchants that they had previously been cut off from,” said Mr. Davis.

“A large part of Africa’s population is at the bottom of the pyramid, and if Africa is to realize its potential, then this segment has to be financially included. Mobile phones and mobile money have made this group more visible, but more effort is needed. EmTech is making significant strides to build an ecosystem that encourages greater financial inclusion, and we welcome being a part of that collaborative effort moving forward,” said Mr. Nazir.

Interpay Limited has been renamed Emergent Payments Ghana Limited and will do business as Emergent Payments Africa.

About Emergent Technology Holdings LP
Based in Santa Clara, California, Emergent Technology Holdings LP owns and operates Emergent Payments®, Responsible Gold™ and G-Coin™. The company connects large-scale digital merchants to local payment methods in more than 70 emerging markets across Asia Pacific, Latin America, Africa and the Middle East. EmTech also provides blockchain-based solutions that track responsibly sourced gold from mine, to refinery, to vault and digitizes that gold into secure G-Coin tokens for investing, sending and spending globally. For more information visit www.emergenttechnology.com and www.emergentpayments.net.

About Interpay Africa
Based in Accra, Ghana with offices in Benin, West Africa, and Lahore, Pakistan, Interpay Africa is a payment processor that enables digital financial services across emerging markets with a focus on the three pillars of the new digital economy: e-commerce, financial inclusion and interoperability. For more information visit www.interpayafrica.com.

Emergent Technology Holdings LP Media Contact: Lauren Dickson
+ 1 310 871 2172 / lauren.dickson@emergenttech.com

Interpay Africa Media Contact: Asantewah Ofori
‭+ 233 244 981 523 / asantewah.ofori@interpayafrica.com

Logo – https://mma.prnewswire.com/media/698914/Emergent_Tech_Logo.jpg

Quanta acquiert une participation dans ILGL, une loterie du Nigeria

C’est le premier accord au monde visant à réformer les loteries traditionnelles

DOUGLAS, île de Man, 13 décembre 2018 /PRNewswire/ — Quanta a signé des contrats afin d’acquérir une participation dans International Lottery and Gaming Limited (ILGL), et a ainsi conclu la première transaction au monde qui va voir une entreprise spécialisée en blockchain acquérir une entreprise de loterie traditionnelle.

Quanta Logo

« Cette acquisition va marquer le début d’une ère où l’innovation complète la tradition, en intégrant tous les atouts de la technologie blockchain dans le secteur des loteries. Nous sommes persuadés que nous allons faire la popularité de la blockchain et que cette acquisition représente un jalon important qui permettra à Quanta de cibler d’autres marchés émergents en Afrique et sur d’autres continents », a déclaré Kostas Farris, directeur de la technologie du groupe Quanta.

S’exprimant au nom d’ILGL, Charbel Saadeh, directeur général de Naija Lottery, a déclaré : « ILGL a apporté des jeux très prisés et divertissants aux joueurs nigérians. Nous sommes très heureux de collaborer avec Quanta pour créer une expérience encore plus fascinante afin d’optimiser les jeux de loterie sur le marché nigérian qui compte 200 millions de personnes ».

Au Nigeria, le secteur des loteries est une source majeure de distribution de la richesse au niveau national, tandis que le rôle des cryptomonnaies continue de susciter l’attention dans tout le pays.

À propos de Quanta

Quanta PLC est une entreprise innovante, axée sur la blockchain, qui a recours à des contrats intelligents pour assurer des solutions entièrement automatisées et transparentes alimentées par une blockchain.

Quanta PLC détient Quanta Technology Limited, l’exploitant de la première société au monde de jeux sous licence, s’appuyant sur une blockchain, concrètement sur la plate-forme Ethereum. Ses produits, notamment sa plate-forme de jeu, son générateur de nombres aléatoires, sa passerelle de paiement axée sur les jetons (tokens) et son porte-monnaie de jeux s’appuient sur une blockchain et sont certifiés par celle-ci pour assurer la plus grande confiance et la meilleure transparence dans l’industrie des jeux. L’entreprise a recours à des contrats intelligents pour offrir une automatisation et une intégrité complètes aux loteries.

En nous appuyant sur QNTU, le jeton d’utilité (utility token), Quanta tire parti des services pour renforcer l’engagement des clients. QNTU est actuellement négocié sur cinq systèmes d’échange de cryptomonnaies renommés, à savoir Lykke, HitBTC, Bit-Z, Cryptopia et BitoPro.

Pour en savoir plus sur les produits de loterie de Quanta, veuillez suivre notre compte Telegram https://t.me/quantaofficial,
et visiter nos sites https://quanta.imhttps://quantaplc.im ou www.myquanta.im.

Facebook : https://www.facebook.com/quantalottery
Instagram : https://www.instagram.com/quanta_plc/
Linkedin : https://www.linkedin.com/company/13465831/

À propos d ‘International Lottery and Gaming Limited

International Lottery and Gaming Limited (ILGL) est une société privée fondée au Nigeria, qui a obtenu une licence nationale de niveau A auprès de la Commission nationale de réglementations des loteries et peut par conséquent offrir des jeux de loterie dans tout le pays sous le nom commercial de NaijaLottery™.

Pour en savoir plus, rendez-vous sur : http://naijalottery.com/en/home

Pour les demandes des médias, veuillez contacter :
Konstantinos Farris
contact@quanta.im
+44 (01) 1624671020

Logo : https://mma.prnewswire.com/media/796732/Quanta_Logo.jpg

Quanta Acquires Stake in Nigeria Lottery ILGL

The World’s First Deal to Reform Traditional Lottery

DOUGLAS, Isle of Man, Dec. 13, 2018 /PRNewswire/ — Quanta, has signed contracts to acquire a stake in International Lottery and Gaming Limited (ILGL), and concluded the world’s first deal to see a blockchain company acquire a traditional lottery company.

Quanta Logo

“This acquisition will usher in an era when innovation compliments tradition, injecting the power of blockchain technology into the lottery business. We are confident that we can make blockchain popular and this acquisition represents a significant base for Quanta to target other emerging markets in Africa and other Continents,” said Kostas Farris, Group CTO of Quanta.

Commenting on behalf of ILGL, Charbel Saadeh, Managing Director of Naija Lottery said, “ILGL has provided popular and entertaining games to the Nigerian players; we are very excited to collaborate with Quanta to create an even more compelling experience to optimize lottery playing for the 200-million Nigerian market.”

The Nigeria lottery industry is a major source of wealth distribution in the country, while the role of cryptocurrencies continues to garner national-level attention.

About Quanta

Quanta PLC is an innovative blockchain-oriented company, that utilizes smart contracts in order to ensure fully automated and transparent blockchain-powered solutions.

Quanta PLC owns Quanta Technology Limited, the operator of the world’s first licensed, blockchain-based gaming company on the Ethereum platform. Its products, including gaming platform, random number generator, token-centric payment gateway and game wallet are blockchain powered and certified to ensure utmost trust and transparency in the gaming industry.  The company employs Smart Contracts to offer full automation and integrity to lotteries.

With the support of QNTU, the utility token, Quanta leverages services to strengthen the customers engagement. QNTU is currently trading on five renowned cryptocurrency exchanges such as Lykke, HitBTC, Bit-Z, Cryptopia and BitoPro.

For more information, please follow our telegram https://t.me/quantaofficial
visit https://quanta.imhttps://quantaplc.im or www.myquanta.im for Quanta’s lottery product.

Facebook https://www.facebook.com/quantalottery
Instagram https://www.instagram.com/quanta_plc/
Linkedin https://www.linkedin.com/company/13465831/

About International Lottery and Gaming Limited

International Lottery and Gaming Limited (ILGL) is a privately-owned company established in Nigeria, which has been granted a Grade A National License from the National Lottery Regulatory Commission to offer lottery games throughout the country under the trade-name NaijaLottery™ .

For more information: http://naijalottery.com/en/home

For media enquiry, please contact:
Konstantinos Farris
contact@quanta.im
+44 (01) 1624671020

Logo – https://mma.prnewswire.com/media/796732/Quanta_Logo.jpg

Report: Journalists Faced Intimidation, Prison in 2018

A multipronged crackdown on the press continued throughout 2018, the Committee to Protect Journalists concludes in a report published Thursday.

Imprisonment, intimidation and allegations that journalists produce fake news surged in 2016, when U.S. President Donald Trump won the election, CPJ found.

Trump has been a vocal critic of the press, often chastising journalists as very dishonest people.

The number of journalists in jail dipped 8 percent, from 272 in 2017 to 251 this year. But that doesn’t mean the situation has improved, Angela Quintal, CPJ’s Africa program coordinator, told VOA.

The numbers fluctuate and may not reflect every imprisoned journalist. They also remain markedly higher than just a half decade ago.

More importantly, targeting a single journalist can have far-reaching repercussions.

The effects are not only, obviously, [on] the journalists themselves and their families and their colleagues, but we really are talking about the effect on citizens as a whole, Quintal said.

CPJ’s report highlighted several bright spots.

In Ethiopia, which has experienced dramatic reforms under new leader Prime Minister Abiy Ahmed, no journalists are currently known to be imprisoned, for the first time in 14 years.

Improvements in some countries, however, don’t necessarily rub off on others.

Unfortunately, neighboring Eritrea remains the highest jailer of journalists in sub-Saharan Africa, with 16 journalists behind bars as we speak, Quintal said.

Worldwide, report author ElanaBeiser, CPJ’s editorial director, singled out China, Egypt and Saudi Arabia as troublespots, highlighting how wide-ranging efforts to silence journalists have become.

In sub-Saharan Africa, Quintal’s region of focus, Cameroon, where seven journalists are in jail, is a new country of concern. At least four of those journalists faced false news charges in what Quintal called a huge, huge setback.

Overall, more than two dozen journalists have been charged with publishing false news, mainly in Africa.

Accusations and imprisonments can propel self-censorship, with profound effects on citizens’ right to information.

When you see your colleagues being jailed, when you see them accused of so-called fake news, when they’re being arrested on false news charges, Quintal said, it does, obviously, have a chilling effect.

Quintal herself was targeted, along with colleague MuthokiMumo, in Tanzania last month.

Despite having an invitation letter from the Media Council of Tanzania, the two, both former journalists, were detained and interrogated.

Quintal, from South Africa, and Mumo, from Kenya, were kept in custody for five hours.

We were lucky because we were able to leave Tanzania, Quintal said, contrasting her experience to journalists in the country who have gone missing or continue to face intimidation.

The abusive nature of what happened to us showed the world the true nature of what is going on in Tanzania at the moment, she added.

Quintal and Mumo’s case was unusual. Governments tend to target their own citizens, and journalists imprisoned by their governments make up 98 percent of cases, CPJ concluded. They also found that 13 percent of journalists in jail are women, an 8 percent increase from 2017.

Despite worrying signs, there is room for optimism, Quintal said.

When new leaders come to power, she said, human rights and press freedoms can improve very quickly.

Quintal pointed to The Gambia as one example, where the new president, Adama Barrow, has created space for journalists to work without fear of reprisal.

Tuesday, Time magazine selected journalists who have been targeted for doing their work, the guardians of truth, as their Person of the Year.

Source: Voice of America

Split Over Asylum Laws, EU Leaders Aim to Keep Migrants Out

Hopelessly divided over how to improve the European Union’s asylum system, EU leaders are set Thursday to underline their intention to keep beefing up Europe’s borders and outsource their migrant challenge to the countries of northern Africa.

The arrival in Europe of well over a million people in 2015 seeking sanctuary or better lives sparked one of the 28-nation bloc’s biggest political crises. Mediterranean coastal states felt abandoned by their partners as they struggled to cope. Others erected fences to keep migrants out.

Countries bickered over who should take responsibility and whether they should be obliged to help. A refugee-sharing quota scheme was challenged in court. The foundation of Europe’s asylum system � that migrants must apply for asylum and stay in the country they first arrive in � remains a ticking policy time bomb that the EU has failed to defuse.

What has worked is money. Lots of it. Migrant entries into Europe have dropped to a trickle thanks to the much-criticized understanding it reached with Turkey. The EU has provided Turkey with around 3 billion euros ($3.4 billion), and could hand over 3 billion more, to help Ankara cope with Syrian refugees on its territory, plus other political and economic incentives.

The EU is trying to replicate different versions of that model with African countries like Egypt, Morocco, Niger and Tunisia that surround Libya; the conflict-torn country that has been the source of most people entering Europe.

In a draft of Thursday’s summit statement, EU leaders say “the number of detected illegal border crossings has been brought down to pre-crisis levels, and that the overall downward trend continues.”

“This is the result of the external migration policy of the Union, based, in particular, on control of external borders,” they will say, according to the text, which could still be modified.

“This policy should therefore be continued, further developed and fully implemented. Vigilance on all existing and emerging routes should be maintained,” they will say.

The fresh signal of determination to build a so-called Fortress Europe comes just as the EU border agency Frontex said Thursday that the number of people trying to reach European shores via the Mediterranean has dropped sharply this year due to fewer people leaving Libya for Italy. Around 138,000 people have entered to November, compared to same period last year, a drop of 30 percent.

That said, the numbers entering Spain so far this year have more than doubled over the same period in 2017. Almost 53,000 unauthorized migrants arrived there in the first 11 months of 2018. Most were from Morocco, Guinea and Mali.

Despite this, the leaders will also discuss preparations for an EU-Arab League summit to be held in Egypt in February; a first symbolic sweetener offered to President Abdel-Fattah el-Sissi, much the same as the EU did in 2015 for Turkish President RecepTayyipErdogan.

The EU hopes el-Sissi can be encouraged to use his coast guard to pick up migrants leaving Libya and take them back to the African mainland, ensuring they don’t become Europe’s responsibility.

Source: Voice of America