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First ever drone challenge coincides with Shell Card re-launch

First ever drone challenge coincides with Shell Card re-launch

More than 70 people gathered at the Tony Rust racetrack to witness Namibia’s first ever Shell Card Drone Challenge, late last month, which coincided with the re-launch of the Shell Card.

The Card is a cashless payment option for Shell customers for its petroleum products and purchases from Shell Convenience Shops introduced in 2018.

Vivo Energy Namibia, organisers of the event said much like the iconic drones, the Shell Card is another innovation by Shell aptly depicting the efficiency presented by the Fourth Industrial Revolution.

“We allowed stakeholders to watch from close quarters how a drone operates whilst demonstrating its man capabilities,” they added.

They highlighted that the event brought together drone pilots, Namibia Civil Aviation Authority and the public, which had a total of eight drone operators entered into the Challenge, comprised of an obstacle course that they had to complete in the fastest possible time.

Edward Walugembe, Managing Director of Vivo Energy Namibia said they emphasise on innovation, efficiency and overall client focus before launching the challenge. “The Shell Card represents the ease with which we want our customers to access our products and services, plus, the security features on the card are meant to provide peace of mind to our clients while transacting at any of our more that 60 Shell Service stations across the country,” he added.

The winner of challenge, Yochanaan Coetzee from Namibia Media Holdings said hewas happy with the win and that this type of challenges are what the future is really all about and he hopes to see and participate in more of these types of activities.

The inaugural event was put together in collaboration with the Namibia Civil Aviation Authority (NCAA), who facilitated the risk assessment, issued Remote Piloted Aircraft licenses and cleared the airspace for the event.


 

About The Author

Mandisa Rasmeni

Mandisa Rasmeni has worked as reporter at the Economist for the past five years, first on the entertainment beat but now focussing more on community, social and health reporting. She is a born writer and is working on her degree in Journalism at the Namibia University of Science and Technology (NUST). She believes education is the greatest equalizer. She is the epitome of perseverance, having started as the newspaper's receptionist in 2013.

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.