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SUBSIDIARY NAME

ETL CONSULTING (PTY) LTD

COUNTRY

BOTSWANA

SECTOR/ INDUSTRY

REAL STATE

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

FEB 21, 2022

ACQUISITION VALUATION

710 MILLION USD

TOTAL ASSET VALUATION

7.1 BILLION USD

REAL ESTATE

ETL CONSULTING (PTY) LTD: ETL Consulting (Pty) Ltd’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 are 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) Litres 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 Tank. 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 (Pyrolisis) Project. The project Budget for the Fuel Storage Project is US$710,000,000.

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