United Africa Group aims by 2015, to expand its portfolio not only locally but internationally.

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In keeping with its ambitious growth agenda, the following objectives are at the centre of its latest 5-year plan:



Business growth and development:
 

• Construction of the Mixed Used Commercial Development in Windhoek.

• Expanding property assets from their current value of N$ 400million to N$ 1 Billion of commercial and residential property by 2012.

• Ensure production of 40Mw of wind energy in Lüderitz by 2012, as

phase I of the project.

• Continue development and implement the next 2 phases of the Wind farm.

 

Multinational expansion:

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• Complete refurbishment of a 4-star hotel in Ethiopia.

• Construction of a Protea Hotel in Addis Ababa, Ethiopia.
• Expand our hospitality portfolio from 460 to 6,000 rooms by end of fiscal year 2015.

• Provide fuel services to an increased number of off-shore operators.

• To become a new African-owned and managed multinational corporation.





 

Diaz Wind Power

Erongo Desalination Plant

Future plans

Diaz Wind Power is a joint venture between UAG, Sojitz Corporation and KOMIPO with a goal to building Namibia’s first ever green energy revolutionary project.

“Green Energy” is a system proven to be highly effective in many countries around the world by using natural resources to provide electricity.

Diaz Wind Power will help in alleviating the current energy crises facing the South African region. Namibia’s first wind farm is expected to generate wind energy at the capacity of 44 MW at a total investment of  US$ 150 million and operations is expected to start in 2013. A second phase with an expected increase in generating capacity to/of 90 MW is also planned.

The wind power project will be developed along Namibia’s harbour town of Luderitz in southwest Namibia.

SOJITZ Corporation, a Japan based organization  will supply the financial expertise and project coordination while KOMIPO (Korea Midland Power Co Ltd) a Korean company will provide the technical knowhow.

The Erongo Desalination Plant was completed in 2010 and has the distribution infrastructure for 20 million m3 annual production capacity. It is expected that full water production will be available from the first half of 2011.

The design of the plant takes cognisance of the environment and takes into account the terms of the Environmental Impact Assessment.



The plant is predicted to produce water in excess of the demands for the mine, allowing for surplus water to be stored for the short, medium and long term. The town of Swakopmund will be one of the first to benefit from this available excess water.

At the moment, the water in Swakopmund is salty due to salt water infiltration into the Omdel aquifer which, as a result of over-abstraction, could potentially suffer permanent damage. Therefore, the desalination plant will be able to provide water in the long-term to this region.

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The demand for water is not only increasing at the municipalities level but also as several of the existing mines are considering expansion and new ones are preparing to start production.