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KAZA TFCA critical to regional development

Hon. Lawrence Sampofu, Governor of the Caprivi Region, Chief Tembwe Mayuni of the Mashi Traditional Authority, Minister of Environment and Tourism, Hon. Uahekua Herunga and His Excellency Onno Huckmann, Ambassador of the Federal Republic of Germany, handing over equipment to the conservancies and the Ministry of Environment and Tourism staff. The equipment  will be used during anti-poaching patrols.(Photograph by Hilma Hashange)

Hon. Lawrence Sampofu, Governor of the Caprivi Region, Chief Tembwe Mayuni of the Mashi Traditional Authority, Minister of Environment and Tourism, Hon. Uahekua Herunga and His Excellency Onno Huckmann, Ambassador of the Federal Republic of Germany, handing over equipment to the conservancies and the Ministry of Environment and Tourism staff. The equipment will be used during anti-poaching patrols.(Photograph by Hilma Hashange)

The completed Namibian component of the Kavango Zambezi (KAZA) Transfrontier Conservation Area (TFCA) plays a major role in the transboundary movement of wildlife and fisheries management in the north eastern regions.
KAZA TFCA was formed in 2011 to establish a world-class Transfrontier Conservation Area (TFCA) and tourism destination in the Kavango and Zambezi River Basin regions of Angola, Botswana, Namibia, Zambia and Zimbabwe within the context of sustainable development.
Recently, the Namibian component of KAZA TFCA was completed and its five year Integrated Development Plan for the period 2013 to 2017 was launched by Minister of Environment and Tourism, Hon Uahekua Herunga in the Caprivi Region. The plan provides the management framework and priority projects for the Namibian component of KAZA TFCA based on the country’s Vision 2030, the Ministry of Environment and Tourism’s vision for its protected areas and wildlife conservation and that of communities.
The Namibian component summarises the needs and expectations of the country’s shareholders and forms the basis of the support that government will provide through the Ministry of Environment and Tourism as lead agency. According to Minister Herunga, the Namibian North East Parks are situated in the heart of KAZA TFCA and will serve as a reference for detailed conservation planning initiatives for conservation and communal areas, hence planning is important at both local and regional level.
Activities implemented in the country include the construction of 20 elephant protection walls around community water wells west of Khaudum National Park, procurement of five motor vehicles for protected area management and Community Based Natural Resources Management (CBNRM) as well as the procurement of 52 bicycles, 20 camping tents and five fridges to promote effective management of conservancies.
KAZA TFCA also financially supported 18 conservancies at a cost of N$ 108 000 towards implementation of Human Wildlife Conflict self insurance scheme as well as the establishment of five chili production plots for the Human Wildlife Conflict Mitigation Programme in the Caprivi Region.

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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.