Economist Simon Kapenda Nominated for the Prestigious 2012 Africa Awards for Entrepreneurship

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He serves as Chief Executive Officer of the Company and is responsible for the overall strategic planning, development, and management of the Groot Ecosystem which is comprised of multidimensional light-and-heavy industrial projects development, ranging from a 10-million ton annual output capacity steel mill (Otavi Steel), 900 MW combined cycle gas turbine power plant (Sitentu Power Plant), a 20-million tons of annual output capacity glass manufacturing plant (Tses Glass), and more related industrial projects that would enable a creation of more than 500,000 new direct and indirect better paying and sustainable job opportunities in Namibia within 3 years of implementation.Aside the generous prize money, the powerful media spotlight that shortlisted companies receive, as well as access to a close-knit network of other top entrepreneurs, potential investors, clients, capital and other resources, the Africa Awards for Entrepreneurship tremendously forms a platform to benefit the participating nominees and their business activities.I feel humbled just by the nomination," exclaims Mr. Simon Kapenda.Simon Kapenda co-founded Groot Group in Columbus, Ohio USA in January 2010 with Robbie Jena and Robert Grier.He serves as Chief Executive Officer of the Company and is responsible for the overall strategic planning, development, and management of the Groot Ecosystem which is comprised of multidimensional light-and-heavy industrial projects development, ranging from a 10-million ton annual output capacity steel mill (Otavi Steel), 900 MW combined cycle gas turbine power plant (Sitentu Power Plant), a 20-million tons of annual output capacity glass manufacturing plant (Tses Glass), and more related industrial projects that would enable a creation of more than 500,000 new direct and indirect better paying and sustainable job opportunities in Namibia within 3 years of implementation.This is a good thing for all of us, the Namibian people," states Danny Kamunoko.Aside the generous prize money, the powerful media spotlight that shortlisted companies receive, as well as access to a close-knit network of other top entrepreneurs, potential investors, clients, capital and other resources, the Africa Awards for Entrepreneurship tremendously forms a platform to benefit the participating nominees and their business activities.Simon obtained a Bachelor of Science degree in Economics from The Ohio State University in Columbus, Ohio, and is currently studying towards a Ph.D in Economics and Finance.

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