May 2008: Cowater Expands with Permanent Subsidiary Operations in Mozambique and South Africa

Cowater International Inc. is proud to announce its expansion into the Southern Africa Region with the opening of two permanent subsidiary companies in South Africa and Mozambique. The opening and establishment of these two companies strengthens Cowater’s position as a leading development firm in Africa. This also confirms our long-term interest in and commitment to development in Africa.

Cowater Consultores Lda., based in Maxixe and Maputo, Mozambique opened early in 2008. This new subsidiary company provides Cowater with a long-term presence in Mozambique and builds on more than seven years of successful project implementation in the country. Cowater Consultores will provide multi-disciplinary consulting services to clients in Mozambique and the region. Areas of expertise include: water, sanitation and environment; municipal services; social development; and financial management, audit and accounting related to public sector reform.

Cowater CRG South Africa, established in April, is located in Cape Town, South Africa. Cowater-CRG (Pty) Ltd. was established as a result of a successful working relationship between Cowater International and Corporate Renaissance Group (CRG). This company combines the collective international expertise and experience of both firms with deep experience in South Africa. Cowater CRG South Africa offers consulting, project management and technical advisory services in the areas of water, sanitation and environment; social development; municipal services and enterprise development; public sector audit and financial management; software and systems development and support; strategy formulation and implementation; performance management both at the organizational and individual levels; profitability modeling and analysis; business intelligence; and Microsoft Dynamics and Business Intelligence solutions.