08 - 09

Nov. 2016

Safari Conference Centre
Windhoek, Namibia

"Promoting Investment for Inclusive Growth and Industrialisation"

"Promoting Investment for Inclusive Growth and Industrialisation"

















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Low Cost Housing
Project Title Ongos Monte Christo City Development: Installation of Bulk and Municipal Infrastructure
Project Owner / Promoter National Housing Enterprise
Project Objectives & Description

Windhoek’s population is expected to reach 645,355 in 2030. As a result, approximately 80,000 houses will need to be developed between now and the year 2030.

A new city development, Ongos Monte Christo, will be constructed in the north-western area of Windhoek, equal in size to the existing city. The city will have 63,015 plots. These will be predominantly allocated for development of low to middle income housing.

Commercial infrastructure will provide jobs, while provision is made for social infrastructure such as schools, health and leisure facilities. It will be modern smart city, with an integrated approach that enables sustainable urban livelihoods in a coordinated manner.

Initial installation of bulk infrastructure and key internal developments. A PPP will fund and implement the project. Public sector entities will be the City of Windhoek, NHE, NamPower and Namwater. The private sector entities are the landowners of Ongos, Monte Christo and private investors.

A special purpose vehicle (SPV) will raise funds, execute the development of the new city, and receive the proceeds from the sales of land and completed houses.A feasibility study and EIA have been completed. Proceeds from the sale of land and houses will self- nance the developments.

Opportunity Total Project Cost: USD 1 billion or NAD 13.5 billion Further opportunities may become available in later stages. (NAD : USD = 13.5)
Project Timeline Summary

Available from contact.

Contact details Mr. Gisbertus Mukulu
Chief Executive Officer
National Housing Enterprise
Tel +264 61 292 7298


Download Rental Farming Development
Project Title 120 ha of Wheat and Maize Irrigation Scheme
Location Mupapama , Kavango Region
Project Objectives & Description

Rentel Farming Development (Pty) Ltd (RFD) plans to farm 120 ha wheat and maize as main crops. The company secured a 25 year lease agreement on a 173 ha communal land at Mupapama, Kavango Region. The project operations will utilise center pivot irrigation extracting water from the perennial of Okavango River.

The company intends to erect four 30 ha center pivots to put 120ha under irrigation and to plant maize in summer and wheat in winter. The land not covered by the center pivots, will at a later stage be developed under fruits and vegetables, for which a shortage exists in Namibia.


Namibia is not self - sufficient in the production of wheat and maize. Over the past years, the average annual production for both crops have been lower compared to the average annual consumption. The difference between the market demand and local production has been imported.

The planned maize production by RDF of 1200 ton pa, represents a market share of 0,9 %. The planned wheat production of 600 tons pa, represents 0.75%.

Technical Proposal Environmental Impact Study has been completed and approved. A permit for water extraction has been secured. Electrical power is available about 1.5 km from the farm.
Financial Proposal The total funding requirement is estimated at N$ 20.8 million. RDF has invested own capital of N$ 6 million to secure the 25 year lease, engineering designs, project plan, the EIA and clearing of land and a fence.
Proposed Deal Structure Equity contribution N$4.4 million for a 43% share. A further loan of N$ 10.4 million by loan finance.
Contact details Mr. Timo Rentel
Owner : Rentel Farming Development
Cell: +264 812379484 or +27722938777
Project Title 8000 Head-of-Cattle Feedlot
Project Owner / Promoter Namibia Feedlots (Pty) Ltd, Stanley Nick Katzao
Location Hardap Irrigation Scheme, Mariental, Hardap Region
Project Objectives & Description

Namibia Feedlots business idea emanates from an untenable continues exportation of Namibian weaners to South Africa to be reared there and the consequent under-utilization of the local export abattoirs over the past few years, resulting in the country not being able to meet its export potential and subsequently missing out on premium foreign currency.

The following are some of the primary business objectives of Namibia Feedlots (Pty) Ltd:

  1. Reaching 90% occupancy on 5,000 head of cattle at the end of the first year of operation;
  2. Reaching 8,000 head of cattle capacity by the end of the third year;
  3. To reduce the incidence of dark cutters, bruising and quality variations by 70% to 80% by the end of year 2.
  4. To lessen the exportation of Namibian weaners on the hoof to South Africa by 50% by the end of year 4.
Output Capacity Between 27,000 and 44,000 slaughter-ready cattle per year
  • Crop farming technologies
  • Centre Pivot and other irrigation technologies
  • Cattle feed mixing and batching technologies
  • US Beef Export Access
  • International Beef Export Access
  • Local and Regional Beef Consumption
Value Proposition

Feeding rations to be manufactured from naturally grown grain at the Hardap Irrigation Scheme and be scientifically formulated to ensure maximum cattle performance, producing the highest quality beef known in the region.

Best animal stewardship and feed conversion through timely feeding, water supply, efficient pen drainage and cleaning.

No growth stimulants, genetically modified feedstuff or antibiotics will be used to enhance growth.

Project Status
  1. The economic feasibility studies, feedlot concept drawings and environmental impact assessment reports have been completed and presented to the relevant Ministries. The consultants tasked with conducting the study have recommended the development of the feedlot based on its economic feasibility.
  2. A 99-year lease agreement between Namibia Feedlots and the Ministry of Agriculture has been signed for a 122-hectare piece of land on the Hardap Scheme for the construction of the feedlot infrastructure. The process of notarizing this agreement is underway.
  3. The Cabinet Committee on Economic Development gave its endorsement to the project in December 2012 as a National Project.
  4. The then Minister of Lands requested Namibia Feedlots to solicit interest from private land owners on the Hardap Scheme to sell their land and forward such information to the Ministry to acquire same. This was done in 2014, and a list of interested landowners forwarded to the Ministry.
  5. The then Minister of Trade requested Namibia Feedlots to provide a model for the procurement, ownership and operation of the acquired land to support the case for the acquisition of the land. The model was presented to the Minister of Trade in 2014.
Technical Proposal
  1. Construction of first 3 x 9 ha centre pivot irrigation facilities at the current feedlot site.
  2. Construction of the Feedlots Infrastructure, including cattle pens, handling facilities, feed mixing facilities, silos and sheds.
  3. Procurement of all equipment needed for crop production.
  4. Procurement of cattle transportation trucks.
Financial Proposal & Deal Structure

The project is a PPP

Total Project Cost N$ 140 million

  1. GRN to purchase about 500 ha of productive crop land at N$ 60 million. The balance of required cropland is to be developed from existing non-used state land.
  2. Namibia Feedlots to secure funding of N$ 50 million for feedlot infrastructure. This could be structured as debt, equity or a combination thereof.
  3. Working Capital of N$ 30 million to be raised locally from DBN or Agribank.
Regulatory Requirement In the absence of operational feedlot regulations in Namibia, the promoters suggest adopting the Australian Feedlot Regulations, which are regarded as best practice worldwide. The rest of the project will be governed by the standard laws applicable to companies in the Republic of Namibia.
Risk and Mitigation

Animal Health: Although Namibia is relatively dry and not prone to the risk of large-scale animal deceases such increase with animal concentration – A full-time veterinarian will be appointed

Financial Risk: Financial projections could be wrong, or financial landscape could change. The project will appoint competent General Manager with in-depth knowledge of the financial modelling of feedlot operations.

Marketing Risk

  • Market conditions could change.
  • The project will be assertive in its marketing endeavours.
Contact details Mr. Stanley Nick Katzao
Executive Chairman
Mobile: +264 811 44 0000


Project Title Aloe Investment 27 (Pty) Ltd
Location Rosh Pinah, Karas Region
Project Objectives & Description

ALOE Investment 27 is a Special Purpose Vehicle established in 2015 and holder of one of the twenty-seven licenses in the Interim REFiT Programme.

The key objective of the project is to develop the Rosh Pinah 5 MW power plant at Rosh Pinah on the surroundings of LORELEI 66/33 kV substation.


A significant share of electricity is generated at the Ruacana hydropower station on the Kunene River which forms the shared border with Angola. This run-of-river facility has an estimated rated output of 249 MW and has commissioned its fourth unit, increasing its generation capacity by 90 MW.

The plant is operated as a base-load resource during the rainy season (typically February- May) and as a peaking resource during the rest of the year. The second largest plant is a dry cooled coal-fired power station at Van Eck, with installed capacity of 120 MW operated with coal imported entirely from South Africa and scheduled for rehabilitation

There is also Anxias, a relatively new short-term emergency generation heavy fuel oil facility with a capacity of 22, 5 MW. Lastly, a 24 MW diesel station at Paratus is used as an emergency stand-by power plant for the Erongo Region. Together, these power plants comprise the sum total of the domestic electricity supply and, as such, they are insufficient. Furthermore, these plants are old (all commissioned in the '70s) and have high operating and maintenance costs

Namibia imports above 60% of its total electricity needs. The imports comprise almost two thirds of its electricity consumption, leaving Namibia very vulnerable.

Technical Proposal

The proposed 5MW Rosh Pinah power plant will generate electricity using photovoltaic panels in a square array. The DC power generated will be converted to AC power using inverters.

Rosh Pinah is a mining town located in southern Namibia, close to the border with South Africa. It is situated 360 kilometres south of Keetmanshoop in Namibia's Karas Region. The operators are in agreement with Aloe Investments to supply the land for the 5MW solar power plant.

Namibia’s solar irradiation in general is unparalleled and its predictability higher than the standard as per the stability of the weather. Rosh Pinah Solar Farm’s estimated effective hours of irradiance is over 2649 kWh/kWp/year in P50 and 2553 kWh/kWp/year in P90. Expected annual array nominal energy (at STC efficiency) will be 18,354 MWh, while energy injected to the grid will aggregate 15102 kWh as per losses due to irradiance level, temperature, ohmic wiring losses and inverters losses among others.

Financial Proposal The investment requirement is N$163 Million (approximately USD10.5 Million). This amount will go towards the construction of the plant, capital and equipment. The project is financially viable with debt cover ration in excess of 1,28 times. Equity contribution of 25%. The balance of 75% can then be funded by external senior debt.
Contact details Mr. Kakehongo Shitongeni
Director of Project Development: Aloe Investment 27 (Pty) Ltd
Tel: +264 81 294 2600
Project Title Concentrated Solar Power (CSP) with Thermal Energy Storage (TES)
Project Owner / Promoter Nampower
Project Objectives & Description

Namibia currently imports approximately 200 MW of its 600 MW power requirement from the SADC power pool. Demand for power is also expected to grow at 5% annually.

As a viable option to replace fossil fuel red power stations, NamPower, Namibia’s national power utility, will invest in CSP with thermal storage to combine operational exibility with high capacity value that provides ‘ exible capacity’ requirements to the Namibian power system.

An independent power producer framework is in place which supports private ownership of large-scale power plants. NamPower, the main offtaker, is willing to form a public private partnerships (PPP) to develop a CSP plant with thermal storage.

The technology considered is Parabolic Trough or CentralReceiver. Generation capacity of 100MW – 150 MW is considered optimum. Feasible thermal energy storage capacity of 15 – 17 hours at solar multiple of 2 to 3. Required equity participation of between 50% and 70%. A fair and transparent solicited process through open and public bidding will be followed.

Opportunity Total Project Cost: USD 965 million or NAD 13 9 billion. (NAD : USD = 13.5)
Project Timeline Summary

Tenders will be issued 01.2017, to be submitted 05.2017. A PPP will be appointed 08.2017. Operation is scheduled for 10.2020.

Contact details Ms. Margaret Mutschler
Tel 061- 205 2338
Project Title Electricity Generation through Biomass Harvesting
Project Owner / Promoter Nampower
Project Objectives & Description

Invader bush reduces the carrying capacity of agricultural land. By utilising harvested bush, a decentralized independent power producer (IPP) model will assist NamPower to strengthen its domestic power mix and assist in further stabilizing the national power grid, while improving the carrying capacity of agricultural land.

An independent power producer framework is in place, which supports private ownership of large-scale power plants. NamPower, the main offtaker, is willing to form public private partnerships (PPPs) to generate power using harvested invader bush.

An independent power producer framework is in place which supports private ownership of large-scale power plants. NamPower, the main offtaker, is willing to form a public private partnerships (PPP) to develop a CSP plant with thermal storage.

The construction of three 20 MW - 30 MW biomass power plants with storage and fuel handling infrastructure, and support infrastructure. One plant with required equity participation of between 50% and 70%. Two plants wholly owned by IPPs. A fair and transparent solicited process through open and public bidding will be followed.

Opportunity Total Project Cost: USD 88.5 million or NAD 1.2 billion (NAD : USD = 13.5)
Project Timeline Summary

An investment decision will be made in 09.2017. Construction commences in 01.2018. Operation is scheduled for 06.2020.

Contact details Ms. Margaret Mutschler
Tel 061- 205 2338
Project Title Kudu Gas and Power Development
Project Owner / Promoter Nampower
Project Objectives & Description

The project will develop offshore Kudu gas and deliver the gas through a 170 km pipeline to a new power station connected to the Namibian and South African electricity grids.

The Kudu gas eld has estimated reserves of 1 Tcf of dry gas. Daily production is expected to be 100 MMscfd. The two unit power station will have a capacity of 884 MW. The upstream (gas eld) and downstream (power station and transmission) elements are owned and promoted separately, upstream by a joint venture of developers put together by the National Petroleum Corporation (Namcor), and downstream by NamPower in a special purpose vehicle, Kudu Power.

The EPC agreement and Long-term Service Agreement (LTSA) have been negotiated with Shanghai Electric Investment Opportunity: Energy Kudu Gas and Power Development and Siemens. NamPower has nalised a draft purchase agreement with Kudu Power. A feasibility study has been completed. All procurement has and will be conducted through solicited closed tender processes.



  • Namcor wishes to divest up to 34% of its 44% interest in the Kudu Gas Field.


  • NamPower will consider interest in the currently uncommitted 19% equity stake in Kudu Power, and will consider divesting some of its 51% equity.
Project Timeline Summary

Available from contacts.

Contact details Upstrem project brief and contact
Mr. Immanuel Mulunga
Managing Direcor
Downstrem project brief and contact
Mr. Gerson Rukata
Kudu Project Leader


Project Title Provision of commuter train services between Windhoek central, and Katutura and other suburbs.
Project Owner / Promoter Government of the Republic of Namibia - Ministry of Works and Transport
Location Windhoek , Namibia
Project Type / Sector Transport sector ( Railways )
Technology Use of Conventional Rail or Light Rail Transit
Output Capacity

Provision of affordable transport

1.6 million to 14.5 million boarding’s per year over 30years (2015 to 2045)

Project Objectives & Description

Objectives are to reduce traffic congestion on the roads, make transportation more affordable, creating employment during construction and operation of the service and also reducing road accidents.

The project statement is to provide affordable, reliable and safe commuter train services to residents of Katutura and surrounding suburbs.

This project involves design and construction of earthworks embankment, bridges and other drainage structures, procurement of new rails and rail components, ballast and concrete sleepers, and construction of the permanent way.


153,948 residential structures in Windhoek in 2015 and additional increase of 83000 units projected by 2020.

Additional 23 000 – 41000 trips

Value Proposition Since all the options are not financially viable, considerable seed funding and Government subsidies would have to be offered to entice private investment and operators to join with the Government PPP.
Project status Feasibility study completed
Technical Proposal The rail options considered were based on tradeoffs between Conventional Rail, having four options, and Light Rail Transit, two options. The topography and land availability to build rail are some of the factors that restricted available options to four.
Financial Proposal & Deal structure Total project cost - NAD2.8 Billion, financial gap and Deal structure e.g.: PPP, Equity
Procurement Model Open bidding
Regulatory Requirement National Transport Services Holding Company Act, 28 of 1998
Risk and Mitigation
  • Environmental impact assessment needs to be approved for the project to be implemented. Maximum community involvement in order to ensure that the benefits of the project are completely understood by the community.
  • Design and construction of such a railway lines is a very specialized field and requires railway specialists who may not be available in Namibia. In order to counter this challenge joint ventures between specialized foreign firms and local entities must be encouraged.
  • Insufficient funding may result in cost escalations.
Contact details Railway Infrastructure Management Directorate : Ministry of Works and Transport
Mr. Justice Ncube
Acting Director
Tel: +264 61 2088207
Project Title Sungate City – Affordable Housing Precinc
Project Owner / Promoter Accolade Properties Namibia (Pty) Ltd
Project Objectives & Description

Accolade Properties Namibia (“APN”) is a 100% Namibian-owned Property Development Company, responsible for the 408 ha (1008 acre) mixed-use property development “SUNGATE” adjacent to the Hosea Kutako International Airport, which offers prime real estate for an Airport City Development.

Our city design and layout provides a variety of development options to investors through its planning of residential and cluster housing development areas. The concept we are promoting is that of an urban design found in ancient cities where people can work, play and stay in the same neighbourhood.

We encourage community living as far as possible, where members will have access to public playgrounds, common living areas and walkways, with dedicated bicycle lanes promoting non-motorized transport and facilitating maximum outdoor neighbourhood life.

  1. Multiple Finance Opportunities Available
  2. Private Equity Opportunities
  3. Land Sales for Development - Serviced land available from N$950 per square meter, or bulk serviced land from N$700
Project Timeline Summary

The township was proclaimed, and government gazetted in 2012 when all the required steps such as EIA, approval by local authorities and agreements with utility service providers were completed. All statutory requirements have thus been met, and Sungate’s affordable housing precinct is ready for development.

Contact details Mr. Geon Ellis
Managing Director
Accolade Properties Namibia
Tel +264 81 2796369


Project Title Otavi Rebar Manufacturing (Pty) Ltd
Project Owner / Promoter Otavi Rebar Manufacturing (Pty) Ltd
Location Otavi ( North of Namibia)
Project Objectives & Description The company, Otavi Rebar Manufacturing (Pty) Ltd (ORM) was founded in 2012 and commenced with the development of a feasibility study to establish a reinforcing steel bar (rebar) manufacturing plant in Otavi. ORM intends to establish a 148,000 ton per annum rebar manufacturing plant based on Danieli technology. Danieli Morgardshammer is an Italian company and is ranked amongst the top 3 suppliers of steelmaking plant and equipment in the world.

Reinforcing steel bars are used for reinforcement of concrete structures and the manufacturing of roof anchor bolts used in underground mining.

There is no rebar manufacturing facility in Namibia and all rebar used in the country has to be imported. In 2014 the market for rebar in Namibia was estimated at 155,000 tons and the demand is projected to grow in excess of 9% per annum in line with the projected growth in infrastructure and construction projects.

The price of rebar is determined to a large extent by the supply of rebar from South African mills and distributed by the larger steel merchants that have a presence in South Africa and Namibia, such as Macsteel as well as local merchants, such as Steeledale Reinforcing and Trading Namibia.

A local rebar producer such as ORM will have a geographic advantage over the importers of rebar due to the high cost of transportation. ORM intends to distribute their rebars to steel merchants and steel reinforcing structure manufacturers by using Otavi Steel Logistics, an associated company, private transporters as well as rail. Otavi is situated at a rail junction for railroads traversing Namibia north to south and east to west.

Technical Proposal

The proposed steel processing plant will be established in Otavi, Namibia. Danieli Morgardshammer was selected as a preferred original equipment manufacturer to supply the technology for the plant. The raw materials required for the production of rebars will be acquired in the form of scrap metals sourced from various areas within Namibia as well as from neighbouring countries as well as on the international market. The production process can also use billets that are readily available on the open market.

An associated company will be appointed by Otavi Rebar Manufacturing to coordinate the supply logistics. A contract has been signed with the technology supplier (Danieli Morgardshammer, from Italy). Land has been secured for the project site on the outskirts of Otavi.

Electricity supply will be provided directly from Nampower at ORM cost.

Financial Proposal The total funding is N$3 865 billion. The funds will be utilised for the establishment of the rebar manufacturing plant and its associated utilities and services. Initial losses will be covered by a medium term bank loan of N$405 million. The founders of the company will inject share capital of NS 1 000 million.
Proposed Deal Structure The projected investment in the rebar manufacturing plant is estimated at just under N$3, 3 billion of which the project promoters has contributed N$1,0 billion. The owners are seeking investment and/or loan finance to the value of N$2, 3 billion. The ROI is projected at 12% over a 10 year period. Return on Equity peaks at 20% over the same period, assuming a 50% dividend policy.
Contact details Jan Fourie
Mobile: +264 81 710 9869
Fax: +264 61 250279
Tell: +264 61 250278
Download Kaptau Packaging
Project Title Kaptau Packaging CC
Location Ondangwa ( North of Namibia)
Project Objectives & Description Kaptau Packaging cc is an existing business, established in 2014. The company is in the business of making paper bags. It plans on expanding through establishing the first manufacturing facility for multiwall and self-opening paper bags in Namibia.

The main users of multiwall paper bags are the cement industry, maize and flower mills, sugar mills, potato producers and adhesive manufacturers. Kaptau will initially target the cement industry and is already in an advanced stage of trials and negotiations with Ohorongo Cement in Otavi, which is the country’s only cement manufacturer and uses 45 000 bags per day. Ohorongo Cement supplies the Namibian and export markets. A second cement manufacturer, Cheetah Cement, plans to start operations in Otjiwarongo, about 430km from the Kaptau factory.

After the cement industry, Kaptau will target potential customers:

  • Henning Crusher – this company uses 50 000 bags/day for tile adhesives packaging.
  • Namib Mills – this company uses 120 000 bags/day for flour and sugar packaging.
  • Bokomo Namibia – using 25 000 bags/day for flour packaging.
  • AMTA – using 110 000 bags/day for potatoes packaging.

All these buyers serve the construction and food industries, which grow with the population increases. Kaptau is located relatively close to these buyers; they will be in a position to provide a superior customer service, faster delivery times and better prices compared to competing suppliers. Competitors include Nampak (South Africa), Pyramid (Botswana) and Dy-Pack (Germany).

Technical Proposal

The shareholders have used N$7.5 million of their own funds to procure the required machinery, a 3000 plot for a new factory building, raw materials and initial working capital. The machinery procured includes: Flexographic Printer, Auxiliary Paper Feeding Machine, Tube Converting Machine, two Creasing Machines, two Gluing Machines, two Flattening Machines, Slitting Machine, Perforating Machine and a Mobile Crane.

This plant can produce bags with a powder capacity from 500g to 50kg each and has a capacity of 150 million multiwall bags pa. To ensure continuous production, the company keeps five spares of every part that could break in stock.

A 200m2 building is currently being rented for the operations; however, it is inadequate in size from an operational perspective. Since inception, Kaptau has trained 4 Machine Operators and 3 Senior Technicians and ran a number of trials for Ohorongo Cement. Ohorongo and Kaptau are at an advanced stage of finalizing a supply agreement.

Financial Proposal Total funding required is N$20.7 million. The shareholders have invested own capital of N$7.5 million to procure the machinery, land for a factory building and working capital to train people and to do trial runs for a big customer.
Proposed Deal Structure The shareholders are seeking investors to inject N$13.5 million for 30% share in the company, (Although some trial runs are being done, commercial production has not started and therefore it will be regarded as a Greenfield project by funders.
Contact details Mr. Paulus Endjala
Mobile: +264 811 273 538 | Fax: 088 61 69 62 
Tel: +264 61 303 251
Project Title Project 7 Trading CC
Location Windhoek Central Namibia, Khomas Region
Project Objectives & Description Project 7 Trading CC intends to establish a bitumen products manufacturing facility in Windhoek, Namibia. Project 7 Trading CC will be the first manufacturer of bitumen products in Namibia and aims to supply the local market for road construction, warehouse paving and roofing of buildings. The close corporation was established in 2012.
Project Overview

Project 7 Trading CC intends to establish a bitumen products manufacturing facility in Windhoek, Namibia. Project 7 Trading CC will be the first manufacturer of bitumen products in Namibia and aims to supply the local market for road construction, warehouse paving and roofing of buildings. The close corporation was established in 2012.

Road construction and road maintenance account for 80% of bitumen applications. Namibia currently has an estimated 40,000 km of road of which only 6,400 is tarred with the rest either being under gravel or earth graded. The main types of bitumen utilised in the local market are 80/100 Concentrate, Anionic 60% Stable Grade Emulsion and MC 30.

The shareholders of the company have invested N$2 million in the development of the business plan, Environmental Impact Assessment (EIA) certificate and securing land and partnership agreement of technology. They are now seeking investors and financiers to contribute a negotiable amount by way of either share capital of equity or loan funding.

Project Timeline Summary

Activities to commence soon as funding is secured.

Investment Opportunity

Total Project Cost: USD 2, 32 million or NAD 33, 217 million (NAD: USD = 13.5)

  • Funding split USD NAD
  • Equity share 30% 783, 155 9,965100
  • Loan finance 1,722 mil 23,251900
Proposed Deal Structure

The shareholders in Project 7 Trading are Elia Tapalo (50%) and Penda Ickua both natives of Namibia. The projected investment required in Project 7 Trading CC is estimated at N$33,217 million.

The shareholders of the company have invested N$2 million in the development of the business plan and securing the partnership agreement and technology. They are now seeking investors and financiers to contribute the full amount by way of share capital and loan funding.

Interested investors are invited to engage with the shareholders and present them with a proposed transaction for the funding structure of the company.

Contact details Mr. Elia Tapalo and Mr. Penda Ickua
Managing Directors
Project 7 CC
Mobile: +264 81 142 8856 / +264 81 129 003  
Project Title Charcoal Production & Processing
Location Farm Kaukurus Ost 79 B, Gobabis ,Omaheke
Project Objectives & Description

The project involves charcoal production, processing and distribution locally and abroad. The existing operations are based 30 km South of Gobabis in Eastern Namibia.

The project aims at expanding and developing the existing charcoal manufacturing operations into a modern processing plant to produce on a larger scale.

The company currently exports about 400 ton bulk charcoal to South Africa. The project plans to increase the output to have 6000 Mt charcoal available per annum. Through the expansion of the project, the company wishes to export charcoal to other international markets.

Opportunity The planned mechanization will increase the production capacity from 400 ton per annum to 4800 pa. After expansion, Ozondjeno anticipate to have 5% share of the Namibian production industry.
Technical Proposal The owner owns a 9000 ha farm where the current business operations are taking place. Six years experience in charcoal manufacturing.
Financial Proposal The total funding requirement for the project is estimated at N$ 18, 1 mill.
Proposed Deal Structure The shareholder equity contribution is outstanding. Both equity and loan finance will be required.
Contact details Mr. Mbakumua Hengari
Managing Director
Cell: 085273469/081442683
Project Title Sungate City – Manufacturing Precinct and Export Processing Zone
Project Owner / Promoter Accolade Properties Namibia (Pty) Ltd
Project Objectives & Description

Sungate City is envisaged as a world-class business community with a mixed-use offering. Taking full advantage of the convenience of location at the Hosea Kutako International Airport, this mixed-use development will incorporate commercial, retail, residential, leisure and light industrial facilities to function as a cohesive urban designed unit promoting manufacturing and logistics.

Intended to primarily serve as a trade gateway to and from Namibia, Sungate is set to be of considerable economic importance to the country and to the SADC region, serving a potential market of more than 280 million customers.

Sungate will see the merging of various manufacturing activities in creating a manufacturing hub with Export Processing Zone status for SADC and foreign markets to benefit from tax incentives when doing business in Namibia.

  • Multiple Finance Opportunities Available
  • Private Equity Opportunities
  • Land Sales for Development - Serviced land available from N$1200 per square meter, or bulk serviced land from N$850 per square meter – subject to change.
Project Timeline Summary

The township was proclaimed and government gazetted in 2012, when all the required steps such as EIA, approval by local authorities and agreements with utility service providers were completed. All statutory requirements have thus been met and Sungate’s affordable housing precinct is ready for development.

Contact details Mr. Geon Ellis
Managing Director
Accolade Properties Namibia
Tel +264 81 2796369


Project Title Shipwreck Lodge (Pty) Ltd
Project Owner / Promoter Shipwreck Lodge (Pty) Ltd
Location The Skeleton Coast
Project Objectives & Description Shipwreck Lodge (Pty) Ltd has been established by Trip Travel when awarded a concession by in the iconic Skeleton Coast National Park, including the rights to develop a lodge and campsite inside the concession.

Shipwreck plans to establish 12 rooms, giving 0.8% lodges market. The travel and tourism market in market is predicted to grow by 6.6% pa over the ten years, which is supported by the fact that Namibia is ranked no 2 in Lonely Planet‘s top country to travel in 2015.

Most international holiday makers in Namibia are from SA (36%), Germany. The main reasons for tourist to visit to Namibia are the country’s wildlife and landscape. These are followed by visitors from UK, USA, France and Italy. 16% and Angola (10%) The skeleton coast is iconic tourist destination in Namibia and ideal for fast growing markets for adventure and ecotourism.

The main competitors are outside the Skeleton Coast National Park and two to three hours’ drive from the coast. In addition, they are expensive at N$8000 toN$12000 per person per night.. Shipwreck budgeted at N$6200 per person per night.

Technical Proposal Shipwreck Lodge was awarded a 20 year concession (starting in July 2015) by the Ministry of Environment and Tourism on 146 600 ha on the Skeleton Coast, inside the Skeleton National Park between the Hoanib and Hoarusib rivers in North Western Namibia. An Environmental Impact Study has been completed.
Financial Proposal The investment requirement is estimated at N$52,0 million or USD3,7 million.
Proposed Deal Structure
  • Investment requirement - N$52,0 million
  • Own equity (current) - N$7,0 million
  • Own equity (still to be provided) - N$9,5 million
  • New investors injection (for 49%) - N$15,9 million
  • Loan finance (already secured) - N$19,6 million
  • TOTAL - N$52,0 million

Since this is a Greenfield project, funders are likely to expect a structure of 50% shareholding. To achieve, investors will have to inject N$15.9 million in the company for a total of 49% shareholding. A further 40% in loan finance will be required to fund the development of the lodge (these loans are already secured). The shareholders plan to invest a further N$9,500 000.

Contact details Mr. Herbert Burmeister
Chief Operating Officer
Trip Travel
Tel: +264 61 285 5700 | M: +264 81 454 8903 +264 81 124 3045