Select Page

Obama heads to Johannesburg – Foundation announces 200 leaders for New Civic Leadership Programme in Africa

Obama heads to Johannesburg – Foundation announces 200 leaders for New Civic Leadership Programme in Africa

The Obama Foundation, Friday announced the 200 rising leaders selected for the Obama Foundation Leaders: Africa programme.

The one-year leadership development and civic engagement programme, the Obama Foundation Leaders: Africa programme will launch this week in Johannesburg with a five-day gathering, including a town hall with President Obama.

The leaders selected have already demonstrated extraordinary potential for impact, a clear commitment to integrity, and a capacity to advance the common good within their spheres of influence.

They represent 44 countries and every region in Africa and are working in a range of disciplines including health, agriculture, media, government, education, business, and technology, and on issues such as climate change, conservation, entrepreneurship, food security, and girls’ empowerment. To learn more about the individuals selected for the Leaders: Africa programme, please visit obama.org.

“The Obama Foundation Leaders: Africa programme is our largest and most ambitious international effort to date – the launch of what will become a global network of changemakers,” said Bernadette Meehan, Chief International Officer of the Obama Foundation.

“We want to inspire, empower, and connect this pan-African group of leaders who show so much potential to change our common future for the better. We look forward to hearing their ideas and to supporting them to scale their work and reach,” added Meehan.

From 14 July to 18 July, Leaders will participate in plenary sessions, problem-solving workshops, leadership sessions, and skill-building trainings to increase their capacity to drive positive change in Africa – all from an African perspective.

The majority of the gathering’s speakers and facilitators are African, and the agenda and activities are focused on regional and local challenges, opportunities, and solutions.

Leaders will also complete a group service project to honour Nelson Mandela on the 100th anniversary of his birth and to underscore the important relationship between leadership and service. The convening will also include an opportunity for Leaders to participate in a town hall event with President Obama.

Following the Johannesburg gathering, leaders will remain connected to the Obama Foundation and each other through an online platform where they will engage in topical discussions, access leadership and training resources, and participate in trainings and webinars led by experts and industry leaders.

The Foundation will be sharing select video footage from the gathering daily on obama.org and via press release. To ensure you receive these updates, please sign up here.

While in South Africa, President Obama will also deliver the 16th Nelson Mandela Annual Lecture to commemorate the 100th anniversary of former South African President Nelson Mandela’s birth. President Obama’s speech will take place on 17 July.


About The Author

The Staff Reporter

The staff reporter is the most senior in-house Economist reporter. This designation is frequently used by the editor for articles submitted by third parties, especially businesses, but which had to be rewritten completely. - Ed.

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.