James Ndambo

James Ndambo was born in Zambia on 18th April 1954 who is a Zambian businessman, based in South Africa, he owns Africa Union Financial Services, (AUFS) a longtime business partner of the Republic of Belarus which is active in in the promotion of goods and services from Belarus in South Africa and SADC region. On May 26, 2018 Africa Union Financial Services Ltd. (AUFS) signed a cooperation agreement with The National Satellite Telecommunication Network (Renatelsat) of the Democratic Republic of Congo with a goal to improve the technical capabilities and the financial health of the public enterprise of a technical and commercial nature, created in 1991. AUFS takes care of the rehabilitation of the Renatelsat satellite network as part of a BOT contract (build, operate and transfer).

Mr. Emery Okundji, the Congolese Minister of Telecommunications and New Information and Communication Technologies was also seen speaking about this contract. Mr. Emery Okundji says, ”The partnership between Renatelsat and AUFS marks an important step in the efforts of the government of the Republic to ensure better connectivity of all our citizens in the era of digital transformation fibre optics has only two phases already implemented, Kinshasa Moanda 610 Km and Kinshasa-Kasumbalesa via Sakania 3,300 Km. We had to find ways and means to overcome this lack of connectivity.’’

Mr. James Ndambo also owns a spot commodity exchange company Africa Union Commodity House (AUC) that deals in commodities on the domestic (South Africa) and international arena. Africa Union Commodity House trading as African Union Commodity Exchange is a subsidiary company of Africa Union Holdings. AUC actively provides services the sectors of SCANNERS, MONITORING, TELECOMMUNICATIONS, CIVIL ENGINEERING, MANAGEMENT & FINANCE.

Mr. James Ndambo is also the founder of a Choma based non governmental organisation known as ‘My Home Town’(MHT). MHT is a NGO concerned with uplifting the welfare of its members which brings together people with common ideals and values. Mr Ndambo, a business tycoon based in South Africa, said he decided to form MHT because of his concern for his birth place, Choma town. MHT also aims at unlocking the potential of its members to develop themselves rather than looking to government and donors for assistance.