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Japanese volunteers help build capacity at COSDEF and National Theatre

Japanese volunteers help build capacity at COSDEF and National Theatre

Three Japanese volunteers, Ms Ayumi Suzuki, Ms Naoko Harata and Mr Tomohito Moteki arrived in Namibia during March as part of the Japan Overseas Cooperation Volunteer programme, one of Japan’s technical cooperation schemes that sends Japanese citizens to developing countries.

The three volunteers will serve in Namibia under the auspices of the Japan International Cooperation Agency (JICA).

In its first-ever e-newsletter published by the Namibian office of JICA, Country Representative, Shiro Nabeya said that he would like to demonstrate the shining effect of technical cooperation, particularly in human resources.

Nabeya San has been seconded to Namibia in July last year and the JICA e-newsletter is one of his initiatives to raise the profile of the Japanese Government’s involvement in local developmental work.

Volunteers Suzuki and Harata will join the Community Skills Development Foundation (COSDEF) in Swakopmund, working in various outreach programmes to help train Namibians in fashion and fashion design. The two said they are particularly interested to introduce paper pattern techniques, and to help small designers improve their sales.

Volunteer Moteki has joined the National Theatre of Namibia to assist with marketing the theatre’s events and activities.

Nabeya San said Japan’s cooperation with Namibia is by no means large but he believes that Japan can contribute to human resource development, adding that in accordance with the 5th National Development Plan (NDP5), JICA Namibia anticipates continuous support to Namibia.


 

 

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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.