Local entrepreneurs urged to invest in green technology

 

….as African giant launches early bird pre-IPO shares

 

KEISO MOHLOBOLI

MASERU – Africa’s first green revolution giant has finally opened an opportunity to a limited number of people up to 32 high net worth individuals or companies to buy early bird shares in Agilitee during this Pre-IPO Private Placement.

With Lesotho being landlocked in SA, Agilitee’s founder, Dr Mandla Lamba, says it would be great for Basotho to be early birds to take on this opportunity. “Only 32 individuals, groups or companies from all over Africa are allowed to dig into Agilitee’s shares.”

This comes right after the pioneer of Electric Vehicles in Africa’s advisors AcaciaCap Advisors who are Johannesburg Stock Exchange approved sponsors for IPOs received approvals from the Companies and Intellectual Property Commission (CIPC) in South Africa for subdivision of Agilitee shares and reorganisation of Agilitee’s share capital structure which enables Agilitee to issue shares right away.

This is the first step of the IPO and Agilitee has ticked all the boxes. This week Agilitee opened its doors to only 32 people, companies or groups, allowing them an opportunity to buy into Agilitee Pre-IPO as the company drums up for Africa’s first AI, Green Tech and EV IPO ever. The Agilitee IPO is watched closely by the whole world as it is going to also pioneer and start a new IPO boom for Africa through the Johannesburg Stock Exchange (JSE).

JSE is the 19th largest stock exchange in the world and the largest in Africa, which makes it plainly obvious that Agilitee IPO will lead many tech prospects from all around Africa to IPO on the JSE because of its size, access to foreign investors and liquidity.

Agilitee has just reorganised itself and gone global. Recently the giant opened offices in Asia and appointed a very well experienced tech executive, Dr Noour Ali Zehgeer, as the CEO of Agilitee Asia; it has also established its presence in North America and will be announcing the CEO for that region in a week’s time.

This IPO has created a lot of billionaires, principal among which is the founder himself. Dr Lamba is now the second richest man in Africa as his shares in Agilitee are worth US$15.5 billion, this is based only on Agilitee shares as it is understood that he also owns many other companies.

He is followed by Bonisile Roberts who is the CEO of Agilitee Africa and is now worth $1.2 billion, Thembekile Mzantsi who is the partner of Lamba at Verityhurst is also worth R5 billion, Nkululeko Magwaza who also serves as Head of Inventory at Agilitee the global structure is also worth R2.1 billion and Kriekie Du Plessis the current Deputy CEO of Agilitee Africa – her Agilitee shares are worth R1.1 billion.

As CEO of Agilitee Africa, Roberts joined the rarefied ranks of self-made billionaire women as Africa’s first electric vehicles manufacturer. She is also encouraging more women to seize control. As a young female Agilitee CEO, Roberts strongly believes that technology is shaping the world we live in, yet women and many minority groups in society are currently under represented.

She has also confirmed that Lesotho will be one of the first countries to work with, so that Basotho women can be encouraged that digital transformation must be accompanied by human transformation if everyone is to reap rewards.

Roberts said: “Increasing representation of more Basotho women in tech is very important not only for career opportunities it can offer to Basotho, but also the ability of technology industry to meet the needs of Societies in Lesotho.”

She says Lesotho and the rest of the world need more women in technology because they can provide more balanced view to female gender and technology sector issues. “When only one gender is emphasized, issues that females can identify with and address remain largely ignored.”

Under her leadership, Agilitee has been climbing ranks in the JSE IPO which is marked as the first EV, AI and Green Tech IPO in Africa, the IPO values Agilitee $20 billion and this has bumped up Roberts’ net worth to $1.2 billion – which makes her one of the richest women in Africa, in the same rank with Angola’s Isabel Dos Santos.

Roberts joined Agilitee in 2018 as a consultant, after delivering astonishing results the founder of Agilitee, Dr Mandla Lamba. decided to bring her on board on full time basis in late 2019.

She has been with Agilitee from founding, and is also the second largest individual shareholder in the company. She joins other female billionaires that include, Francoise Bettencourt Meyers, Julia Koch, Alice Walton, Jacqueline Mars, Gina Rinehart, Miriam Adelson and Abigail Johnson among others.

Last year the green tech firm, Agilitee, was qualified as one of South Africa’s Top Gender Empowered Companies, making it to the scoreboard with other top empowerment brands in the country comprising top listed counters and other major businesses in both the private and public sectors.

With only a few years since its founding, the company qualified for the listing endorsed by Standard Bank Group with support from South Africa’s Commission for Gender Equality.

Amazons watch confirmed to this publication that on the side-lines of the 77th United Nations General Assembly, Roberts has been nominated to speak as one of the keynote speakers of the Global Power Women’s Conference and Awards scheduled for September 2022.

Themed “Advancing resilience and transformational women leadership for sustainable high performance and global impact”, the conference commits to continually highlight the huge strides of women in Africa and the rest of the world. This has to be commended because it sets a new stage that will breed Africa’s Silicon Valley and turbocharge the African economy.

 

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