DALLAS, TX--(Marketwire - Jul 15, 2011) - Savanna East Africa, Inc. (
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CEO Webcast on Nairobi Meetings and Acquisition Progress
Savanna East Africa recently released a Webcast from CEO LTC Randell Torno reporting on the recent senior management and key stakeholder meetings the Company held in Nairobi, Kenya. Among the various agenda items, the meetings focused on next steps towards the acquisition of a condom manufacturing facility under construction in Kenya, which is anticipated to provide local manufacturing to help fill the condom shortage in Kenya. Earlier this year Kenya experienced a shortage of condoms with Kenya's government making an appeal to the U.S. government for emergency funding (http://www.standardmedia.co.ke/InsidePage.php?id=2000031810&cid=4&).
The recent meetings also reviewed two other acquisition candidates in the region. Savanna East Africa is concentrating on developing high growth potential capacities within the housing, healthcare and high tech sectors in East Africa, initially in Kenya and with plans to explore widening its business development into Ethiopia.
To review the CEO Webcast, visit http://bit.ly/m4SJan directly or the corporate website at www.savannaea.com. Viewers can navigate through the presentation and leave comments.
About Savanna East Africa, Inc. (www.savannaea.com)
Savanna East Africa, Inc. (
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
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Savanna East Africa, Inc.
Investor Relations
info@savannaea.com