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Renowned speakers at 20th Mining Indaba

The 20th annual Investing in Africa Mining Indaba™ will host a plethora of global corporate, political and macro – economic thought leaders from right across the world and will run from February 3 to 6 at the Cape Town International Convention Centre said Mining Indaba LLC Managing Director Jonathan Moore.
Moore noted that, “This reflects accelerated mining interest around the African continent and underlines the essence of the Mining Indaba – this is where the world really connects with African mining.”
Paying special attention to critical mining issues, global game – changers will offer macro – economic and policy insights enhancing delegates’ deal – making and take home strategies. Canadian consultant Phil Newman will launch the series of keynotes which will be positioned strategically throughout the conference.

Backed with a background in mining engineering, Newman will discuss the changing face of the world mineral supply on the preliminary day of the mining indaba 2014. South African Minister of Mineral Resources Susan Shabangu will kick off proceedings with an official address. Eleni Gabre – Madhin will also speak at the conference. Madhin was recently named amongst Africa’s 100 most influential persons. Madhin is the founder of the acclaimed Ethiopia Commodity Exchange, successfully managing to raise trading of US$1.2 billion in 3 years. Madhin’s LLC now delivers turn key commodity exchanges in frontier markets and has attracted equity investments from Morgan Stanley and International Finance Corporation.
Australian politician Hon. Colin Barnett will draw delegates to various win – win scenarios beneficial to investors, mining companies and governments and brings to the table a wealth of experience. Academic, Professor Paul Collier will delve into mining vis-a-vis sustainable development. Collier is the Director of the Centre for the Study of African Economics at the University of Oxford and serves as advisor to the IMF’S Strategy and Policy Department.
Makhtar Diop’s keynote address will be informed by World Bank experience, currently as Vice-President for the Africa Region and previously in Brazil in particular and South America and the Caribbean in general.
A series of panel discussions will afford participants to the opportunity to discuss themes centered around the current status and future outlook for African mining and the impact Asian growth has on the mining industry in Africa.

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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.