Leading online sports betting provider, Betway, has reaffirmed its commitment to local communities throughout Nigeria with the donation of a newly-built borehole to the Ojuelegba community of Surelere, Lagos.

Having recently opened the Betway Hub at No.3, Funsho Willams in Surulere, Betway identified the lack of clean drinking water as challenges facing the local community. In accordance with its commitment to give back to the communities in which it operates, the betting provider approached the Surulere local government to request permission to construct a borehole.

Speaking at the unveiling of the borehole, Betway Nigeria Country Manager, Lere Awokoya thanked local officials for supporting the project.

“Giving back to communities within which we operate is customary for us at Betway and we are delighted to make a positive contribution to Ojuelegba by providing access to clean water which is a major challenge within the community. We extend our thanks to the CDA Chairman, the CDC and the Federal Fire Service Surulere for their support in making this give-back happen.”

The unveiling was also attended by Mobolaji Mesuoye who represented the Surulere Local Government, Wemimo Odumosu, CDC Chairman, Ibukun Adebanjo of the Lagos Lottery Board, representative of the National Lottery Regulatory Commission, Mrs Nwaochei Genevive, Area Commander of the Federal Fire Service, FS Adamu Emmanuel and community leaders.

All in attendance expressed gratitude to Betway for their contribution to the community and urged others to follow suit.

“We have been clamouring for this kind of assistance,” said Wemimo Odumosun from the CDC Project Monitoring Committee. “I must tell you that what Betway has done today is worthy of emulation and I urge other corporate bodies and private organisations to come to the aid of communities within which they operate. This is a laudable project and I congratulate Betway for this”

“This project simply means Betway are not only here for profit, but to also impact on the community where they reside,” said Ibukun Adebanjo of the Lagos Lottery Board. “This is a great step. It is an action that ought to be emulated and celebrated. I think other companies should buy into this and be a part of it.”

Betway is expected to use the Ojuelegba borehole project as a blueprint for future projects in communities throughout Nigeria. Although the company’s focus has been developing and supporting sporting talent in the country, it understands that nurturing communities allows for an environment conducive to excellence.

The newly-established Betway Hub offers a safe and fun space for Nigeria’s passionate sports fans to experience the brand’s sports betting experience. It will provide access to various services including after-sale support, customer resolution, betting services, match viewing, free WiFi, gaming and more.

About the Betway Group

The Betway Group is a leading provider of first-class entertainment across sports betting and casino. Launched in 2006, the company operates across a number of regulated online markets and holds licences in Kenya, Uganda, Ghana, South Africa, Zambia, Mozambique and Nigeria.

Betway prides itself on providing its customers with a bespoke, fun and informed betting experience, supported by a safe and secure environment.

For more information about Betway please visit: www.betway.com.ng

Crowdyvest Limited, an impact-driven fintech platform, launched in 2019 by Onyeka Akumah and four other Co-Founders has today announced a big change in its leadership and additional investment in the company, in a bid to scale up as a digital savings company.

Crowdyvest was created to provide all-in-one financial solutions for individuals and businesses to achieve short or long-term goals while facilitating impactful growth in line with the United Nations 17 Sustainable Development Goals. The Fintech company went live in beta-stage in August 2019 but launched fully as a crowdfunding platform in January 2020 where its users and sponsors can sponsor high-impact opportunities that yield good benefits through its pooled sponsorships and individual projects.

Today, however, the company announced Onyeka Akumah will officially step down as the CEO of Crowdyvest and Tope Omotolani who is currently the Managing Director and also a co-founder, will become the new Chief Executive Officer of the startup, effective immediately. Notwithstanding this change in leadership, all the management and staff of Crowdyvest will be retained. And as a result of the new investment in Crowdyvest, the fintech startup will completely exit the EMFATO Holdings group and also transition from its previous crowdfunding model to making strides as the go-to digital wealth management and savings platform under Tope’s leadership.

Onyeka Akumah speaking on this development said, “I have taken this decision to step down as the CEO of Crowdyvest as a result of the new investment in the company which gives it good footing for scale. Today, Crowdyvest is exiting fully from EMFATO Holdings and we are very happy about the new investors led by Tope, and excited to see how Tope will lead this business to new heights. I will now focus more on leading Farmcrowdy and Plentywaka as CEO of both companies into new markets in 2021. Tope is a strong and amazing leader and I see her leading Crowdyvest to become one of the leading wealth management companies in Nigeria within the next 3-5 years. I wish her and the team all the best and will continue to advise them on their journey when needed’’.

Tope Omotolani

The new CEO, Tope Omotolani also said, “It’s an honor and a privilege for me to be able to lead the team to the next level and next chapter of the business. Onyeka founded this company on the ethos of integrity and strong customer satisfaction and I’m grateful for the opportunity to continue to lead this technology company into it’s next chapter. Our major goal and focus as Crowdyvest is that we see a lot of people become financially free and we’re able to do this by the products that we create on the platform”.

The emergence of female leaders has become a centrifugal force for good in the world and many organisations. For the first time, we’re seeing examples of female leaders emerging from across the generations to cross-weave their knowledge and drive for change and Crowdyvest is joining the wave of change having a Female Leader and CEO.

Crowdyvest is today launching the Crowdyvest Savings Platform to give savings options to over 10,000 subscribed members on it’s platform. This savings platform will give its members a variety of plans to help build a savings culture based entirely on their pace, so they can reach their life goals faster.

This savings platform has four products that are properly tailored to fit all categories of individuals, including the Millenials, Gen Z, Gen X, and Baby Boomers, and each of these products have their unique features and benefits. They are;

Flex Savings which speaks to our young and trendy Gen Zs and Millenials, gives them the opportunity to save as much as they like with the option of withdrawing their money at any time during the year with a withdrawal fee of 2%. The Flex savers also have the opportunity of 7 official withdrawal days which comes without a withdrawal fee.

Vault Savings here, users have the opportunity to safely deposit money into their vaults and lock it for a period of time (3 months, 6 months, or for years). Funds deposited in the vault will be locked and ineligible for withdrawal throughout the locked period. The vault savings is for long-term savings and is targeted at pensioners, trust funds savings, legacy savings, etc.

Pace Savings, savers have the opportunity to deposit money as they wish for a set target. The pace savings option is recurring starting with the least period of 3 months. The money can be deposited automatically into the plan or manually based on the saver’s preference. The plan is targeted at salary earners, entrepreneurs, etc.

Flex Dollar Savings gives savers the opportunity to save and earn returns in dollars. Crowdyvest Members have the opportunity to grow their savings in a more valuable & stable denomination.

Every saver enjoys the benefits of good interest rates from 12.5% to 15%, zero bank charges, plans tailored for everyone, and effective and prompt customer service. We also have referral opportunities where you can earn as much as NGN 1000 for every person you refer to Crowdyvest. For more information, visit the Crowdyvest website.

Previously as a crowdfunding platform, Crowdyvest was able to create an impact by funding 24 projects across various sectors including Agriculture, Real Estate, Transportation, etc, has worked with 9 project partners, has operated in 17 states with over 10,000+ active sponsors, over 90,000+ total users, and over 8,000 Monthly Active Users. Today, the company is a Digital Savings platform with closed membership, Crowdyvest will provide financial solutions for her community of individuals and organizations that are committed to long-term growth and financial freedom.