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SUBSIDIARY NAME

DEPLOYMENT OF OWOMI – AFRICAN MOBILE MONEY PLATFORM FOR NEARBY PURCHASE

COUNTRY

BENIN REPUBLIC

SECTOR/ INDUSTRY

TECHNOLOGY

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

JULY 20,2022

ACQUISITION VALUATION

105.555 MILLION

TOTAL ASSET VALUATION

1.05555 BILLION

TELECOMMUNICATION,IT

DEPLOYMENT OF OWOMI – AFRICAN MOBILE MONEY PLATFORM FOR NEARBY PURCHASE project by DIRECT PAY HOLDING acquired on July 20, 2022 for Business scaling up and conquest of market share; Equipment, Fitting out and installation.

Below are some services that OWOMI will offer: daily needs and groceries, television subscription, Insurance, purchase and sale of communication credit, payment of taxes, payment of electricity and water bill, money transfer, credit transfer, sale of recharge and internet bundle. In addition to being a digital commerce platform, OWOMI is a community mobile money platform, offering all the classic services of money transfer operators.

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