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Finnish Embassy seeks to introduce ‘baby box’ for expectant mothers in vulnerable communities

Finnish Embassy seeks to introduce ‘baby box’ for expectant mothers in vulnerable communities

The Finnish Embassy in Namibia seeks to undertake a maternity package known as the ‘baby box’ for expectant mothers in vulnerable communities, according to a statement issued this week.

The baby box is a starter kit containing everything an expectant mother would need for the baby from clothes, sheets and toys and it can also be used as a warm bed for the baby.

Baby boxes have been provided for new parents in Finland since the 1930s, now they are also offered to pregnant women in Scotland and parts of England.

The envisaged move was discussed during Finland’s Ambassador to Namibia, Pirkko-liisa Kyostila courtesy to Namibia’s Prime Minister, Dr. Saara Kuugongelwa-Amadhila, the statement said.

According to the Kyostila the ‘baby box’ project is doable in Namibia through Public Private Partnerships.

Meanwhile, during their discussions the Ambassador also briefed the Prime Minister on various existing business, health and educational projects in Namibia and those that the Embassy plans to undertake in Namibia in the near future.

In terms of education, the Ambassador also informed the Prime Minister that the University of Turku has established the first ever satellite Finnish campus abroad at the University of
Namibia were interested locals can obtain their Master Degrees in Software Engineering.

The Prime Minister and the Ambassador further reminiscence at length about Finland-Namibia’s pre- and post-independence bilateral relationship.

Kuugongelwa-Amadhila said the cooperation between Namibia and Finland dates back more than a 100 years ago when Finnish missionaries arrived in Namibia, adding that most Namibians received their education through missionary support.

She said although bilateral relations between the two countries has experienced adjustments over the years, the relations continues to grow from strength to strength.


 

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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.