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Namibia, Germany to conduct feasibility study on water supply to the coastal and central areas

Namibia, Germany to conduct feasibility study on water supply to the coastal and central areas

In order to meet the increasing water supply demands at a time when water resources in Windhoek and coastal towns of Walvis Bay and Swakopmund, Germany has partnered with government to conduct a feasibility study to explore opportunities for the desalination of seawater as a reliable and sustainable source of drinkable water.

This week a concept workshop for the desalination feasibility study was held in Windhoek, marking the progress of the study to date and bringing together all stakeholders in order to evaluate the preliminary findings as well as to guide the study to its successful conclusion.

The desalination feasibility study is in the process of carrying out a detailed analysis of the projected water demand in the coastal and central region and will develop a proposal for, among other things, the proposed corresponding desalination option, water transfer system and power infrastructure required.

The outcome of the concept workshop will guide the work for the remainder of the study and will conclude with a final workshop before the study is finalised.

German Ambassador to Namibia, Herbert Beck, emphasized at the workshop the complexity and interdependence of questions assessed by the feasibility study. He added that the study will provide “a comprehensive decision making tool to the Namibian Government to make sound decisions for the future water supply of the coastal and central region.”

Abraham Nehemia, Chief Executive Officer of NamWater, emphasized that water security challenges facing Namibia requires a concerted effort of all stakeholders in order to pull together all the available resources be it financial, human or material.

Stakeholders for the workshop included politicians, technocrats, diplomats, development partners and government entities.

The final results of the feasibility study are expected before the end of 2020.


 

About The Author

Donald Matthys

Donald Matthys has been part of the media fraternity since 2015. He has been working at the Namibia Economist for the past three years mainly covering business, tourism and agriculture. Donald occasionally refers to himself as a theatre maker and has staged two theatre plays so far. Follow him on twitter at @zuleitmatthys

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.