INVESTMENTS ANNOUNCES INVESTMENT IN ULTIMATE SAFARIS
From the Cirrus perspective, Ultimate represents an exemplary and high-impact Namibian
business, with significant potential for further growth. From its humble beginnings, Ultimate
Safaris built an internationally acclaimed award-winning reputation for its sustainability
efforts, thereby offering a world-class luxury ecotourism experience.
Driven by an unyielding dedication to community empowerment and environmental
conservation, Ultimate offers low-environmental and high-social impact, immersive luxury
safaris tours across Namibia’s pristine natural landscapes and remote wilderness areas.
Ultimate is dedicated to an environmentally sustainable operation, while placing continuous
effort on conservation of the untouched but fragile natural environments, and fostering
synergistic partnerships with the local communities.
“Namibia has vast potential to become a world-leading high-end tourism destination, and
we see the potential for extensive growth in this space. Ultimate is well positioned to play a
significant role in driving this growth, creating quality jobs and opportunities across
Namibia. We are excited to partner with Ultimate on this journey as a capital provider and
investor,” said Cirrus Unlisted Investment’s Managing Director, Erik de Waal.
“We value our new partnership with Cirrus, whose approach and ethos align strongly with
the way we conduct our business. We are also encouraged by the confidence demonstrated
by individual and institutional Namibian investors, which ensures that Ultimate remains a
Namibian business and story. Collectively, we are focused on creating enduring value and
contributing positively to the future of Namibia, ultimately leaving Namibia a better place
than we found it,” said Ultimate Managing Director, Tristan Cowley.
The investment is made via a Namfisa registered Special Purpose Vehicle (SPV) which has
attracted both private investors as well as institutional investors, and the funding will
accelerate Ultimate Safaris’ expansion plans, capitalizing on the burgeoning Namibian
tourism market, especially with the strong global travel trends favouring Namibia as a
premier travel destination.
Cirrus Unlisted Investments, part of the 100% Namibian-owned Cirrus group, is a Namfisa
regulated Unlisted Investment Manager (UIM). Cirrus Unlisted Investments manages
investments on behalf of individual and institutional investors, while investing alongside
them, investing into Namibian companies and projects with a view to drive mutually
beneficial outcomes for investors and stakeholders, and ultimately helping to drive growth
and job creation in the Namibian economy.
