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Bush to electricity: Namibia’s golden investment opportunity

Bush to electricity: Namibia’s golden investment opportunity

Etegameno Investment’s bush to electricity enterprise is a promising and highly lucrative investment opportunity for those that share the same vision as Etegameno Investments. The bush to electricity enterprise will utilise the invaded land on Farm Tsumore, owned by Etegameno Investments. Farm Tsumore is 4 433 hectare in size and is situated about 7 kilometers from Tsumeb in Northern Namibia. Through the bush to electricity enterprise Etegameno Investments aim to harness the invader bush across the farm to generate much-needed electricity, with the following benefits for all:

• Generate high return on investment for investors
• Meet the demand for electricity in Namibia in a significant way
• Increase the productivity from the land for the natives

Currently, the Namibian government spends around N$17.5 million each year in subsidies to tackle the wild bush which is abundant and until now, prevented the land from being used productively for crop or livestock. It is beyond the native farmer’s means to undertake the project of clearing the encroaching bush.

In Namibia the demand for electricity far exceeds supply making it necessary for the country’s government to find alternative solutions. While efforts are being made to use the invader bush for charcoal, Etegameno Investments plans to leverage technology to use the invader bush to generate electricity and consequently alleviate Namibia’s electricity shortage issue. The electricity generated from the bush to electricity venture will be fed to the national grid, operated by NamPower, to make up the current shortage and subsequently position Etegameno Investments as an alternative electricity supplier.

Etegameno Investments plan to construct a gasification plant on Farm Tsumore. The invader bush will provide the fuel for the plant where it will be burnt in ovens and generate smoke, which will, in turn, drive turbines that produce energy. The charcoal, wood chucks and other by products from the process will be sold as cooking and heating fuel among others. Etegameno plans to establish a gasification plant with a capacity of 250kW per hour and expect a kW to sell at N$1.80 to N$2.30 per kW based on current trends. The market for the bush to electricity enterprise is assured since Namibia presently imports power to meet its demands.

Besides closing the gap between supply and demand for electricity, the land cleared of the invader bush will be used to grow crop and house livestock, increasing the prosperity of the native farmer. On Farm Tsumore specifically, Etegameno Investments will use the land to grow Jatropha plants for biodiesel production, another lucrative investment opportunity. Transforming a challenge into an opportunity, Etegameno Investments is well placed to take advantage of Combating Bush Encroachment for Namibia’s Development’s (CBEND’s) Independent Power Producers (IPP) programme with the support of the Namibian government.

As owners of the land, Etegameno Investments is confident that the bush to electricity enterprise is an excellent investment opportunity for the smart investor that shares a similar vision as Etegameno Investments. Based on our calculations the returns are high and the market is guaranteed. The investor will become a partner in the venture with equity shares. Rather than viewing the invader bush as a problem, Etegameno Investments will exploit it, converting it into a renewable source of energy that will gradually enable Namibia to become a self-sufficient electricity producer in addition to making the land more productive for farmers.

Contact Etegameno Investments for more details on the bush to electricity and other investment opportunities on Farm Tsumore.

About the Author

Etegameno offers investors three lucrative investment opportunities in Namibia.

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