NEW YORK, Nov. 19, 2018 (GLOBE NEWSWIRE) -- via NetworkNewsAudio -- NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community, today announces the online availability of its interview with Aziza Project LLC, a client of NNW and fund that tokenizes high potential oil and gas businesses in Africa, enabling them to raise funds for profit and social good.
The interview can be heard at http://nnw.fm/m38zE
NNW’s Stuart Smith introduces Aziza Project CEO Robert Pyke in an interview that highlights the company’s innovative investment platform, milestones, and strategies for continued growth.
Pyke first describes the Aziza Project as a tokenized investment fund focused on investing in oil and gas businesses operating throughout southern Africa. As Pyke explains, the company’s crypto token, the Aziza Coin, represents an indirect fractional ownership interest in the Aziza Project. This means that Aziza Coin holders, in effect, own part of the Aziza Project and are economic beneficiaries able to share in any of the profits made by the organization.
Aziza’s focus on southern Africa is driven by the company’s view of the region as largely untapped and unexplored due to disinvestment during the apartheid era. Aziza’s first investment, Africa New Energies (“ANE”), has been in operation for six years, last year rejecting a bid for $500 million. “The Aziza Project owns 20 percent of this business, so we are sitting on an asset worth $100 million at the moment,” says Pyke.
The organization’s leadership team is diverse, with Pyke’s professional background spanning 20 years in consumer goods. Based in the UK, Pyke collaborates with colleagues in South Africa, where the Aziza team is comprised of marketing and project managers, a blockchain architect, a software developer and an actuary.
The discussion then moves to Aziza’s milestones, which include the formation of the dynamic team of solid, experienced and professional resources. The company also formed its asset backed security token; has risen to the time-consuming challenge of navigating the regulatory environment; and has completed all communications, marketing materials and the offering memorandum.
Pyke notes that while the Aziza Project has accomplished much, it has advanced to “the end of the beginning of the project.” Now, he says, “the rubber hits the road, and we’re fully-engaged in fundraising,” primarily engaging with U.S. investors.
About Aziza
Aziza Project LLC is a fund that tokenizes high potential oil and gas businesses in Africa, enabling them to raise funds for profit and social good. Aziza Project and its tokenization approach aims to address the obstacles associated with traditional fundraising by taking advantage of the benefits of blockchain technology to eliminate the cost and need for middlemen and complex administration. Aziza Project’s token, the Aziza Coin, is an asset-backed mid-to-long-term security token. For more information, visit the organization’s website at www.Aziza.io
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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