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Local vlogger to participate in Faces2Hearts campaign

Local vlogger to participate in Faces2Hearts campaign

Namibia was selected as one of the countries to be visited where the vloggers will be discovering and reporting on EU funded Projects as perceived through their eyes in the Faces2Hearts campaign.

The campaign supported by the European Union aims to give visibility to EU actions as well as to foster cultural exchanges and human connections across the world.

During the campaign that will cover 10 countries in Africa, Asia and Latin America, 20 vloggers will have the opportunity to tell their 1001 stories.

With emphasis on video, 2 vloggers, Konrad Sniady from Poland and Sibongile Tshabalala from Namibia will travel throughout the country, covering a wide range of sectors such as climate action, gender equality, Early Childhood Development education, agriculture, renewable energies and wildlife conservation amongst others.

After having taken part at the European Development Days followed by a training session in Brussels early this month, the Faces2Hearts vloggers are ready to hit the road.

Between 4 to 24 July, Sibongile and Konrad, will travel through several regions and remote areas in Kavango East, Zambezi, Kunene and Otjozondupa to discover and report on how the European Union is changing people’s lives for the better in the country.

They will reveal compelling stories that show real life experiences, giving a voice to those less often heard.

On 26 July, once the vloggers are back in Windhoek, a press conference will be held at the EU Delegation, to showcase their footage and learn more about their experiences.

The vloggers will travel in pairs for one month, one country at a time. The first trip kicks-off in July 2019 and the last one will take place in April 2020. For 10 months, the Faces2Hearts vloggers will be travelling to Argentina, Bhutan, Cape Verde, Jamaica, Myanmar, Namibia, Pakistan, Paraguay, Sierra Leone and The Gambia. Inspired by transformative EU actions, they will foster cultural exchanges and human connections with local communities.

The vloggers’ profile is available on the Faces2Hearts website together with their application video.

In 2018, the first edition of Faces2hearts welcomed over 500 young bloggers to the application process from which we sent four selected winners on a 5-month journey to 29 countries across the world. On social media alone, this first campaign reached more than 30 million people and stimulated around 5 million engagements. For more information visit the website and re-live the journeys of the first edition winning vloggers here.


 

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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.