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Portal for analysis of governance performance launched

The Mo Ibrahim Foundation launched the new IIAG Data Portal, which provides unprecedented access to 15 years of data, crucial to assessing the quality of governance in African countries a fort night ago.

The Data Portal which will be freely available online, will serve as an interactive platform for in-depth analysis and review of governance performance across Africa.

Launched on African Statistics Day, the Data Portal reinforces the Foundation’s commitment to strengthening the availability and use of data in Africa. Through its specially designed digital format, the Data Portal provides access to the most comprehensive collection of data on African governance to policymakers, businesses, academics and civil society.

The IIAG Data Portal contains a number of innovative features, including, enabling users to undertake bespoke analysis of governance ranks, scores and trends over the fifteen-year period since 2000, for each of Africa’s 54 countries; making possible, for the first time, to examine data at the indicator-level for all 95 IIAG indicators; allowing users to generate visualisations and graphics from the data that are shareable online and providing a user-friendly interface that facilitates navigation for anyone, from expert statisticians to the public.

Commenting on the launch of the IIAG Data Portal, Abdalla Hamdok, Chair of the Mo Ibrahim Foundation Advisory Council and Acting Executive Secretary of the United Nations Economic Commission for Africa (UNECA), said , “The Portal is a powerful tool that allows anyone who is interested in African governance to make their own assessments using its 95 individual measures of governance.

With it, anyone can build on the analysis conducted by the Foundation and produce new and unique findings from the data. We hope that the ability to conduct research of this kind will be invaluable to those seeking to identify solutions to the challenges confronting African nations today,” he added.

Furthermore, he said, “I’m delighted that the Foundation can play its part in taking forward Africa’s data revolution, and I hope that our new Data Portal will support efforts to improve governance on the continent”.

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Following reverse listing, public can now acquire shareholding in Paratus Namibia

Promotion

20 February 2020, Windhoek, Namibia: Paratus Namibia Holdings (PNH) was founded as Nimbus Infrastructure Limited (“Nimbus”), Namibia’s first Capital Pool Company listed on the Namibian Stock Exchange (“NSX”).

Although targeting an initial capital raising of N$300 million, Nimbus nonetheless managed to secure funding to the value of N$98 million through its CPC listing. With a mandate to invest in ICT infrastructure in sub-Sahara Africa, it concluded management agreements with financial partner Cirrus and technology partner, Paratus Telecommunications (Pty) Ltd (“Paratus Namibia”).

Paratus Namibia Managing Director, Andrew Hall

Its first investment was placed in Paratus Namibia, a fully licensed communications operator in Namibia under regulation of the Communications Regulatory Authority of Namibia (CRAN). Nimbus has since been able to increase its capital asset base to close to N$500 million over the past two years.

In order to streamline further investment and to avoid duplicating potential ICT projects in the market between Nimbus and Paratus Namibia, it was decided to consolidate the operations.

Publishing various circulars to shareholders, Nimbus took up a 100% shareholding stake in Paratus Namibia in 2019 and proceeded to apply to have its name changed to Paratus Namibia Holdings with a consolidated board structure to ensure streamlined operations between the capital holdings and the operational arm of the business.

This transaction was approved by the Competitions Commission as well as CRAN, following all the relevant regulatory approvals as well as the necessary requirements in terms of corporate governance structures.

Paratus Namibia has evolved as a fully comprehensive communications operator in Namibia and operates as the head office of the Paratus Group in Africa. Paratus has established a pan-African footprint with operations in six African countries, being: Angola, Botswana, Mozambique, Namibia, South Africa and Zambia.

The group has achieved many successes over the years of which more recently includes the building of the Trans-Kalahari Fibre (TKF) project, which connects from the West Africa Cable System (WACS) eastward through Namibia to Botswana and onward to Johannesburg. The TKF also extends northward through Zambia to connect to Dar es Salaam in Tanzania, which made Paratus the first operator to connect the west and east coast of Africa under one Autonomous System Number (ASN).

This means that Paratus is now “exporting” internet capacity to landlocked countries such as Zambia, Botswana, the DRC with more countries to be targeted, and through its extensive African network, Paratus is well-positioned to expand the network even further into emerging ICT territories.

PNH as a fully-listed entity on the NSX, is therefore now the 100% shareholder of Paratus Namibia thereby becoming a public company. PNH is ready to invest in the future of the ICT environment in Namibia. The public is therefore invited and welcome to acquire shares in Paratus Namibia Holdings by speaking to a local stockbroker registered with the NSX. The future is bright, and the opportunities are endless.