Botswana
| SUBSIDIAIRY NAME | COUNTRY | SECTOR/INDUSTRY | OWNERSHIP % | ACQUISITION DATE | ACQUISITION VALUATION | TOTAL ASSET VALUATION |
|---|---|---|---|---|---|---|
| VERITAS IIB BOTSWANA (PTY) LTD | BOTSWANA | ENERGY | 70% IIB-DG | JULY 15TH, 2021 | $500 MILLION USD | 5 BILLION USD |
| MORPHANE INT. AIRPORT | BOTSWANA | AVIATION | 70% IIB-DG | $15 BILLION USD | 150 BILLION USD | |
| 123 DIMENSION PTY LTD | BOTSWANA | AVIATION | 70% IIB-DG | JAN 29, 2021 | $15 BILLION USD | 150 BILLION USD |
| SURF-RIDGE HOLDINGS PTY LTD | BOTSWANA | ENERGY | 70% IIB-DG | MAY 18, 2022 | 500 MILLION USD | 5 BILLION USD |
| COAL TO LIQUIFICATION | BOTSWANA | ENERGY | 70% IIB-DG | MAY 26, 2022 | 21 BILLION | 210 BILLION |
ENERGY, OIL REFINERY, and GAS
ETL CONSULTING (PTY) LTD: ETL Consulting (Pty) Ltd’sLtd’s (ETL) a fully Incorporated Botswana Engineering Consulting Company under the Chairmanship of Mr. Clifford Setsile, operating in the mining, engineering, infrastructure, and petroleum Industries. This company is aiming to develop a much-needed Fuel Storage Facility along with other related Energy and Water Supply Reticulation Projects in Botswana. ETL is closely aligned with Government Ministries, including Botswana Oil. The Government endorsed Botswana Fuel Distributor Preliminary Discussion and Negotiation with Government, and Botswana Oil identified a desperate need for a Strategic Fuel Storage capacity of some about Three Hundred and Fifty Million (350,000,000) Liters in order to address Botswana’s current shortfall in the Storage, Supply and Distribution of Fuel Products. The Project proposal is to Construct three (3) separate One Hundred and Ten Thousand (110,000) Cubic Metre Fuel Storage Tanks. Facilities at identified Sites at Jwaleng, Selibe Phikwe, and Orapa in Botswana. ETL Consulting (Pty) Ltd (Botswana) is also currently developing an Energy from Waste (Pyrolysis) Project. The project Budget for the Fuel Storage Project is US$710,000,000.
SUR RIDGE HOLDING (PTY) LTD: IIB-DG acquired Surf Ridge Holding (PTY) LTD on APR 14. 2O22 Convinced of the importance of investment with a knock-on effect on the economy of the country and the creation of employment. Considering the IIB-DG is a company located in Washington DC, United States of America, which has significant development resources (technical, physical, financial, and management capacity) and wishes to participate in the design, financing, construction, and execution of the project. Considering that the owner and IIB Development Group, LLC are ready to cooperate and wish to jointly pursue, in the form and manner agreed upon in the final agreement, the execution and financing of the project.
TRANSPORT and AVIATION
123 DIMENSIONS (Pty) – IIB-DG acquired 123 Dimensions (Pty) for the purpose of Construction of the Mophane City International Airport, Solar & Business Park in Palapye, Botswana. Project valued at $15billion united states dollars. It is expected that the implementation of the project will benefit Botswana through Knowledge and skills transfer to citizens, technology transfer, employment creation, and economic empowerment; The airport will be built to international standards and specifications, allowing for usage by larger aircraft, thereby increasing capacity and improving traffic flow.
POLAR PILLAR INVESTMENTS (Pty) Ltd– IIB-DG acquired Polar Pillar Investments (Pty) Ltd on May 10th, 2021, for purposes of the Implementation, Building, and Roll-Out, with the specific intent of addressing Job Creation, Poverty Alleviation, and Economic Development in the Francistown Region; development of internal Roads, Multi-Residential Houses, Water, Electricity and drainage.
MINING
PRO CIVIL PROPRIETARY LIMITED: THE PROJECT Lerala Diamond Mine is located in Central District, Botswana. The diamond mine is shovel-ready with all infrastructure and a valid mining license. Infrastructure comprises a 100tph processing plant, DMS, office block, staff accommodation, fuel farm, and 12 x 320KW diesel generators. The mine contains five kimberlite pipes with only one partially mined tube. The kimberlite pipes measure approximately 10ha. Total Indicated and Inferred Resource is 19.66 Metric Tonnes with an average of 24.7 cpht and 4,733 000 carats. Life of Mine is 30 years to mine the remaining kimberlite pipes further. The total project cost is estimated at $60 Mill USD. The profit margin is estimated at 40%.