Savanna East Africa, Inc. (PINKSHEETS: NVAE)(OTCQB: NVAE) yesterday released a Webcast to review the Company's affordable housing initiative in East Africa. Members of the Company's affordable housing project team were recently in Nairobi, Kenya and surrounding areas to conduct due diligence and business development meetings geared towards expanding Savanna's affordable housing initiative. The Webcast also includes an update on a previously announced wireless utility metering project Savanna has been working on with its partner NuMobile, Inc. (OTCBB: NUBL).
Savanna began its expansion into East Africa through the NewMarket Technology Greenfield Partnership Program introduced last year to accelerate and enhance the introduction of new technology innovations into new markets, including those markets with diversified, high growth opportunities like East Africa. Earlier this year, the Company announced an updated business plan to expand into developing a diverse range of high growth early stage business opportunities in East Africa to include technology systems integration, utility support services, healthcare products manufacturing and affordable housing. Savanna East Africa is a fully-reporting company with audited financial statements quoted on the new 'OTCQB.' The Company was formerly known as Nova Energy, Inc.
A link to the Webcast is now available on the Company's corporate website www.savannaea.com Home and Investor Relations page.
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