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Growing African printing and signage industries to benefit from SGI Dubai 2020

Growing African printing and signage industries to benefit from SGI Dubai 2020

UAE – According to International Expo Consults, the organisers of the SGI Dubai show, the signage and wide format printing industry in the African continent would immensely benefit from the upcoming SGI Dubai 2020 trade show.

The show currently in its 23rd consecutive year will be held at the iconic, Dubai World Trade Centre, from 12 to 14 January 2020.

As per published reports the MENA printing market is set to touch USD54 billion by 2022. Furthermore, the African Development Bank projects the GDP to rise by 4 and 4.1% in the present and next year which provides for an increased spending on advertising and marketing and subsequently printing and signage.

Sharif Rahman, CEO, IEC stated, “Among the growing number of visitors we welcome from across the globe every year, we have been witnessing a growing contingent from the African region year on year. The visitors are particularly from Kenya, Nigeria, South Africa, Sudan, Uganda, Ghana, Namibia, Tanzania, Egypt and Libya among other African nations. The geographical proximity of our show provides an accessible platform for the African business owners to source top of the line machines with the latest technology. Bypassing the middleman, the visitors to the show are able to get the most competitive rates directly from the exhibitors and manufacturers of the top brands”.

SGI Dubai 2020 is a must attend event for African sign-makers, print and production manufacturers, media agencies, mall owners, car wrapping industry, real-estate developers, hospitality and tourism industries, 3D printing industry, architects, brand and image consultants among other stakeholders.

“The show has been an integral part of not just the Middle East, but its influence extends to larger parts of Africa as well. The growing visitor count is a testimony of the show’s success as a result of the benefits we offer the various stakeholders. The event has been utilised as a platform to introduce and launch numerous brands in the region and provides a unique opportunity for visitors to research and make informed business decisions amongst all the leading brands under one roof”.

In addition to the existing digital printing, signage, textile printing, screen printing, retail and LED categories the show will have a renewed focus on digital display, labelling & branding, metal cutting & engraving, spare parts & consumable, artificial intelligence, software and paper sectors.

SGI Dubai 2020 will also include a car wrapping competition – ‘Masters of Wrap 2020’ and seminars and workshops conducted by industry experts under the banner of ‘Knowledge Series 2020’. During the previous edition SGI Dubai welcomed over 330 global exhibitors from across 30+ countries and registered thousands of trade visitors from around the world.

SGI Dubai is an ideal converging point where visitors and exhibitors can influence and engage with architects, sign makers, print and production manufacturers, media agencies, real-estate developers, brand and image consultants among others. (APO Group on behalf of International Expo-Consults).


 

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Following reverse listing, public can now acquire shareholding in Paratus Namibia

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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.