Kilimanjaro Capital: Cabinda

samiam · Post by **samiam** » Tue Dec 10, 2013 2:24 pm

Angola: Cabinda's Contingent Future
By Louise Redvers, 1 December 2013

Resources have long been the source of conflict in Africa. Battles for control of resource-rich territories take many shapes and are waged on many fronts. Now separatists in Angola's oil-rich province of Cabinda have turned to stock markets overseas to fund their struggle by selling rights to future mineral assets they hope to own one day.

Kilimanjaro Capital, incorporated in Belize ...and listed on the GXG stock exchange in Denmark, offers the chance to invest in lucrative oil and mineral concessions in Cabinda, an area of some 8,000 square kilometres separated from the rest of Angola by a narrow strip of the Democratic Republic of Congo (DRC)...

“What FLEC wants is independence and that is shared by all the people of Cabinda. If there was a referendum tomorrow [on secession], everyone would vote yes." Raul Danda, UNITA member of the Angola Parliament representing Cabinda.

"… Kilimanjaro is certainly a very interesting development because it's something external and outside the control of the Angolan government. What it is doing is giving FLEC international exposure and creating an alternative reality that is going to put new pressure on the Angolan government; so we must see how they respond." Markus Weimer, Senior Analyst – Africa, Control Risks Group.

For full story:

allafrica.com/stories/201312070136.html?viewall=1

gga.org/stories/editions/aif-18-fault-lines-africas-separation-anxiety/cabinda2019s-contingent-future

Kilimanjaro is a Belize company conducting business in Africa. The Company is listed on the Danish GXG Exchange and has obtained a secondary listing on the OTC Markets US exchange as a foreign issuer under the ticker symbol KIMJF

samiam · Post by **samiam** » Sun Dec 15, 2013 2:18 pm

Kilimanjaro Capital’s eyes are on the prize
By Barry Morgan London - Upstream

06 December 2013 00:00 GMT

ONE outsider keen to pick up slack from prospective African hydrocarbon plays plagued by turmoil or neglected by sovereign powers with a track record of marginalising their own communities is Kilimanjaro Capital.

Belize-registered Kilimanjaro Capital this year listed on the GXG Market.

With Forest Gate Energy, it plans to invest exclusively in so-called Future Contingent Licences promoting oil exploration in blocks-0-14 off Cabinda, in Biafra and Southern Cameroon — all non-sovereign territories with secessionist movements in varying degrees of insurrection.

Kilimanjaro, which succeeded Paris-based Banque Rothschild as the original concession holder for Biafran acreage, is organised from the offices of Washington, US law firm Brimstone & Co where partner Jonathan Levy is charged with structuring transactions.

“As with our deal with the Front for the Liberation of the State of Cabinda (FLEC), one has to look at the governments against which the groups are rebelling and see whether they have passed their sell-by date — as is the case with the current Angolan regime,” says Levy.

Levy oversees portfolio expansion under Kilimanjaro chief executive Zulfikar Rashid, a Ugandan national. The Southern Cameroons deal was signed with an unincorporated association specifying the laws of England, while the Cabinda party was recognised in Switzerland as a juridical entity.

“Put simply, the more money raised the higher the chance of any group succeeding — it’s using the resource base to raise money,” says Levy.

Legal measures Kilimanjaro is backed by the self-styled President of Southern Cameroons, Ebenezer Akwanga, whose government-in-exile promises to “take legal measures to contest both the ethics and legitimacy of Addax’s presence in Bakassi” — an adjacent oil-rich territory in south-east Nigeria, which itself has a secessionist movement.

Indications are that a similar deal may also be afoot with the ethnic Tuareg proto-state of Azawad, which this month renewed its plan to split from Mali and is the latest aspirant to join the Washington-based Organisation of Emerging African States (OEAS).

With control over Timbuktu, Kidal, Gao, and Mopti, Azawad aspires to rule through a secular constitution over the Paleozoic basins of Tauodeni, Tamesna, Illumedin, Nara and much of the Ilizi.

Levy says Azawad could be the next South Sudan as the Tuareg militia are better armed and provide better security. “It just depends on what the Great Powers want and how efficient the Malian government can be,” he says.

One small Nigerian-owned, London-based explorer has little confidence in this scenario, two months back signing up Block 6 in the heart of the Taoudeni by the Algerian border.

Described by Minister of Mines & Energy Mamadou Diarra Igor as a “course correction”, the decision by Raven Resources with partner Corvus Resources to table $50 million worth of initial exploration expenditure over seven years is surely designed to shore up faith in the status quo.

So Kilimanjaro’s zeal may be dismissed as opportunist — Akwanga also serves as OEAS secretary general — and not one of these territories can yet practically be described as self-governing.

But sympathisers argue that, in future, any social licence to explore Africa’s untapped frontiers can be issued only by the indigenous authorities, not the decaying entities upon whom right to rule was entrusted by the departing colonial powers.

Taking acreage positions with non-sovereign entities in deals dependent on recognition is not new.

Western minnows A raft of western minnows have done exactly this in Western Sahara, Somaliland and Puntland, although most of the latter are discredited as international conventions steer business towards recognition of the original Somali state.

Nevertheless, these small companies will retain their bargaining chips when the dust settles, as will New York-based Jarch Capital when the fledgling South Sudan government decides whether to stick with awards issued to the majors by the pre-independence Islamist regime in Khartoum or wipe the slate clean and honour deals done with rebel militia leaders in the last days of the bush war.

warloros · Post by **warloros** » Thu Apr 01, 2021 11:19 am

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warloros · Post by **warloros** » Sun Aug 08, 2021 10:02 pm

Kilimanjaro Capital: Cabinda

Kilimanjaro Capital: Cabinda

Re: Kilimanjaro Capital: Cabinda

Re: Kilimanjaro Capital: Cabinda

Re: Kilimanjaro Capital: Cabinda

Re: Kilimanjaro Capital: Cabinda