Oicintra Inc., a diversified group with investments in multiple industries with a focused mission to change the narrative about Africa and its various emerging markets have executed a memorandum of understanding with GES industries to utilize their technology to launch its O Power service in South Africa, Ghana, Sierra Leone, Uganda, Togo, Niger, and Liberia. The technology innovated by GES allows for the distribution of modularized power using a patented gravitation system that reduces the cost per kilowatt hour of electricity delivery by 50% of the average cost comparison to other traditional power generation technologies worldwide.
Mr. Keith McAllister, Chairman and CEO of Oicintra categorically stated that the company is excited about the possibilities of engaging power stakeholders on the African Continent to bring affordable power resources into the country’s targeted by Oicintra and its partner GES Industries. ING Luis Wintergerst, the innovative scientist behind the GES industries technological advancements in the power sector stated that their company after visiting Ghana with Oicintra is convinced of the need for establishment of their technologically advance power innovation in Africa to help countries like Ghana boost their industrial development to serve the needs of the continent and its citizens. He concluded by expressing how excited he was about the agreement executed with Oicintra for O Power deployments in the states countries targeted for deployment.
Press agency:
Sleek Media Group
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