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Ohorongo helps charcoal supplier to buy side tipper for improved efficiency

Ohorongo helps charcoal supplier to buy side tipper for improved efficiency

In a novel form of financing, Ohorongo Cement announced it has financed a special delivery truck for one of its charcoal suppliers to grow the amount of energy the cement manufacturer obtains from alternative fuels for its kilns.

Carbo Namibia, the biggest charcoal supplier to Ohorongo was recently assisted to buy an eighty cubic metre side tipper to help increase the volume of charcoal supplied.

Ohorongo Cement uses approximately 14% so-called charcoal fines in its fuel mix for stoking the kilns. The other fuels are woodchips (almost 60%) and fuel derived from waste (28%). Charcoal fines are a granular by-product of the sifting process which all charcoal manufacturers use for grading their course charcoal chunks into specific classes of charcoal.

Namibian charcoal fines have been used for at least twenty years to fire kilns at several of South Africa’s major steel producers. It is a preferred alternative fuel for its high quality, easily reaching temperatures of up to 1500°C inside the kiln.

Ohorongo said it is always looking for innovative energy savings to minimize its carbon footprint, while supporting local entrepreneurs. As a result, Ohorongo approached local charcoal producers in the Otjozondjupa region for charcoal fines to utilize as alternative fuel.

Carbo Namibia is one of eight companies that supply charcoal fines to Ohorongo. It started as a small scale operation in 2005, growing in scope over the years to the point where it is now one of the biggest charcoal manufacturers. It started supplying charcoal fines to Ohorongo in 2016. To date it has supplied 11,000 tons to Ohorongo.

Ohorongo Cement said it operates one of the most environmentally friendly plants in the world, with minimum air, water and noise pollution. The cement factory is ISO 14001 certified. Replacing conventional fuels with alternative fuels such as wood chips, refuse derived fuel and charcoal fines, are part of the company’s corporate strategy.


Caption: Managing Director of Carbo Namibia, Hans Steyn (right) received the new 80 m3 side tipper from Ohorongo Cement’s Alternative Fuel Manager, Franscous Botha at the end of October this year.


 

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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.