AFRICA ONLINE ANNOUNCES NEW SHAREHOLDER AND ENHANCED PRODUCT OFFERINGS

Africa Online (Africa) (Pty) Ltd is excited to announce a transformative partnership between Utande Internet Services Botswana and Africa Online Namibia. Africa Online has incorporated Utande Internet Services Botswana as a new shareholder that will inject capital into Africa Online in exchange for a significant equity stake, providing a significant boost to the company’s growth and service capabilities. Utande Internet Services Botswana is a subsidiary of Dandemutande Investments Private Limited.

Through this partnership, Africa Online is set to enhance its current product range, introducing new enterprise solutions such as cloud services, cyber security, IT hardware and tracking solutions for vehicles and laptops. These new offerings reflect Africa Online’s commitment to being a reliable ICT solutions partner in Namibia. The company is also expanding its footprint and will be opening a new branch in Swakopmund to further extend its reach and service capabilities.

Speaking on this development, Ingram van Heerden, managing director of Africa Online, expressed his enthusiasm for this new chapter, stating: “Being dedicated to exceptional customer service and continuous innovation, Africa Online has established its strong presence in the Namibian ICT industry over the last 25 years. As we enter into this partnership with Utande, we are confident that together we will be able to provide even greater value to our clients and further strengthen our position in the market. We are grateful for this opportunity and eagerly look forward to the next 25 years of growth and success together.”

Never Ncube, chief executive officer of Dandemutande, added: “We are thrilled to support Africa Online in their mission to enhance their product offerings and expand their market presence. Our partnership forms part of the Dandemutande regional strategy which seeks to transform African industries through cutting-edge digital solutions. Together, we are poised to achieve remarkable growth and deliver unparalleled value to our customers.”

About Africa Online

Africa Online (Africa) (Pty) Ltd is a leading telecommunications provider in Namibia, dedicated to offering innovative and reliable internet services. Powered by a commitment to innovation and customer satisfaction, Africa Online continuously strives to improve and expand its service offerings to meet the growing needs of its customers. www.africaonline.com.na

About Dandemutande

Dandemutande Private Limited is a licensed internet access provider in Zimbabwe with over 27 years of experience in the telecommunication industry. Dandemutande is committed to providing the most up-to-date ICT solutions to corporates and businesses of all sizes. It offers a comprehensive suite of ICT solutions, including connectivity, cloud solutions, security, hardware, software and value-added services such as asset management and training. www.dandemutande.africa

For further information, please contact: Africa Online (Africa) (Pty) Ltd

36A Promenaden Road, Windhoek, Namibia

Phone: +264 61 291 1000

Email: info@africaonline.com.na

Media contact

Ingram van Heerden – Managing Director

Email: ivanheerden@africaonline.na