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Illicit arms constitute threat to safety in Africa – AU official

Illicit arms constitute threat to safety in Africa – AU official

Illicit small arms and light weapons constitute a serious threat to safety in Africa, Einas Mohammed, Head of African Union (AU) Defence and Security Division, said this week.

Mohammed made the remarks at the opening of a workshop on review and development of national strategic plan toward arms control at Gross Barmen.

Small arms have long been considered as the primary tool and enabler of violence throughout the history of conflict in Africa, she said.

“In conflict situations, small arms cause a range of human rights and humanitarian law violations including mass killings, forced displacement, gender based violence and attacks against peace keepers and humanitarian workers.”

“However, the threat of small arms in not only limited to conflict situation. The widespread availability of arms has direct and adverse effect on human security and democratic governance,” she said.

Mohammed also said that, overall, the continued circulation of small arms diverts limited government resources away from developmental programs and adversely impact the potential for investments.

“Therefore, controlling the illicit proliferation, circulation and trafficking of small arms and light weapons is at the heart of the Africa Unions efforts to prevent conflicts, mitigate their adverse impact and consolidate peace,” she said.

She added that more recently the AU assembly of heads of states adopted the AU master roadmap of practical steps to silence the gun in Africa by the year 2020 and the roadmap underlines that controlling the illicit proliferation of small arms requires particular focus and renewed efforts.
The workshop, scheduled to be concluded on Friday, is also attended by high ranking law enforcement officers of the Southern African Development Community. – Xinhua.


 

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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.