UNIAB INVESTMENT MANAGERS (PTY) LTD

UNIAB Investment Managers (pty) LTD: The UNIAB (VANADIUM TRADING ONE PTY LIMITED) project is a conglomerate company of the Namibian Fishing Industry which contributes 3% of GDP and about 20% of export earnings. April 26th, 2022 IIB Development Group extended its interest to finance the expansion programme of the company up to USD 250M. Funding will be used for construction of dedicated fishing Jet, refinancing of high-interest rate local loans, acquisition of modern fishing Vessels, low-cost houses for company workers and construction of fish meal for value addition. By implementing the above the group will increase its revenue to 50%, improve the life standard of its 14,000 workers dedicated to the group operation, increase industry’s contribution to Namibia GDP, infrastructure, address unemployment , and housing. The project boasts 30years experience in business and sound assets as per company Auditor’s (PriceWaterHouseCoopers) with current key resources infrastructure, fishing vessels, fishing factories and fishing rights.