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Design Indaba simulcast in Windhoek deemed a success

Design Indaba simulcast in Windhoek deemed a success

From music being used as a prescription drug to behind the scenes information on how mobile application ‘duo lingo’ is set up – Windhoekers immersed themselves in to the world of creativity and design the past week during the Design Indaba.

After South Africa, Namibia was the first African country to jump on the Indaba bandwagon, live streaming the conferences, performances and talks in Windhoek. This year, Uganda, Kenya, Nigeria and Switzerland joined the Indaba.

The simulcast from Cape Town gave those in attendance the opportunity to learn about in-depth developments linked to the International design world at the 2017 Design Indaba Simulcast, broadcast live at the Franco Namibia Cultural Center (FNCC) in Windhoek and with the participation of the national science and technology university’s (NUST) innovation hub, Fablab Namibia.

The three day event featured world-renowned designers like Kate Moross and the founders of Ikea and offered topics that covered the field of psychology to geography, from live art performances to an unexpected tribute for Archbishop Desmond Tutu himself. Countless topics, all having design as their common denominator, and sprinkled with a general helping of creativity and technology were the centrepiece of sharing ideas and inventiveness across the globe.

The Design Indaba Conference, a world renowned platform for inspiration, motivation and creation, has since 1995 focused on bringing international ‘thought leadership’ to South Africa. It has evolved into one of the world’s leading design events and hosts more than 40 speakers and 2 500 delegates every year.

The hosts of the Windhoek event conducted a survey where the results confirmed that the event was a hit. To the question of whether the 2017 Design Indaba Simulcast in Windhoek offered something to the Namibian Design Aesthetic/Identity, the resounding answer was a confident yes. Maike Soutschka said; “Definitely, it really inspired the young and upcoming designers, bringing to light the creativity element that many have been looking for.

Pricing of tickets was an issue for some, but it did provide value for money, with students getting a discount as well. Prizes were given away, surprise food platters and a look into some of the designs from the Namibian Fashion council, all organised by FabLab. Students from the College of the Arts on the final event presented the FABlab co-founder, Bjorn Wiedow, with a gift of appreciation for bringing the innovative festival to Namibia and with relayed positivity and awe at the range of content and information gained.

Local telecommunications company, MTC sponsored the much needed Internet connectivity and 99FM brought local movie screenings during the evenings to promote local talent. The FABlab and 99fm Cinemafest held at FNCC together with RedHot Media and Joe Vision productions added an extra cultural dimension, showcasing the best of local movies and Q&A’s with local film-industry experts.

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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.