Quest Water Global, Inc. develops clean-water technology centered on its solar-powered AQUAtap water purification, desalination and distribution systems. Company news commonly covers AQUAtap community water centers, mobile-payment water purchases through the AQUAtap App, distributor-based sales models, and clean-water partnerships in the Democratic Republic of Congo and South Africa.
Updates also address public-private partnerships, the AQUAtap Oasis Partnership SARL joint venture, satellite-to-mobile connectivity for underserved markets, manufacturing and deployment plans, and governance developments such as executive appointments and advisory board additions.
Quest Water Global (QWTR) and NBA Africa announced a multiyear collaboration to build or renovate 55 basketball courts in the DRC by 2030.
The full-size and 3-on-3 courts will honor the late Dikembe Mutombo. Quest will serve as the league’s Official Infrastructure Development Partner in the Democratic Republic of the Congo. The collaboration began with the unveiling of an outdoor court at Cercle Onatra in Kinshasa on September 29, where Mutombo began playing basketball. A second court is planned for his hometown of Mbuji-Mayi in the coming weeks.
Quest Water Global (OTCID: QWTR) has formed a significant 10-year public-private partnership with the National Office for Rural Hydraulics (ONHR) in the Democratic Republic of Congo. The partnership aims to provide clean water access to 1.5-1.8 million people through the installation of 300 AQUAtap Community Water Centers over five years.
The company will contribute $30 million to fund the project, which will operate under a Design-Build-Finance-Operate-Transfer model. Revenue sharing is structured with Quest receiving 60% and ONHR receiving 40%. The initiative will span across five provinces: Kinshasa, Kasai, Bas-Congo, Haut-Katanga, and Lualaba, with initial systems built in South Africa and plans for a Kinshasa fabrication facility.
Quest Water Global (OTCID: QWTR) has appointed Isaac Mutambayi Kalonji Jr. III as its new Chief Operating Officer and Executive Director. Kalonji currently serves as Managing Director of AQUAtap Oasis Partnership SARL, Quest's joint venture in the Democratic Republic of Congo (DRC).
With over 15 years of senior management experience, Kalonji is the founder of Kalo Products SARL, established in 2015. His company's "Oasis Cares" social program focuses on providing drinking water to underserved areas. The appointment aims to support Quest's expansion in the DRC, South Africa, and globally.
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Quest Water Global (OTC Pink: QWTR) announced a strategic partnership with Trust Merchant Bank (TMB) in the Democratic Republic of the Congo, launching a new distributor-based model for clean water distribution. This initiative allows independent distributors to purchase water directly via the AQUAtap™ App, enhancing access to clean water for underserved communities. The company aims to install 500 AQUAtap™ Community Water Centers over five years, benefiting 1.5 million people. The partnership emphasizes entrepreneurship and financial inclusion, particularly for women, contributing to community resilience.
Quest Water Global (OTC Pink: QWTR) has announced the launch of the AQUAtap™ App to facilitate the payment for clean water via mobile devices in the Democratic Republic of Congo. This App integrates with Pepele Mobile and Orange Money, enabling users to purchase water easily at AQUAtap™ Oasis Community Water Centers. The initiative marks a significant milestone, aiming to enhance customer access and operational efficiency. Since its inception, AQUAtap™ Oasis has seen a 50% weekly growth in water sales, demonstrating increased public adoption of the App.
Quest Water Global (OTC Pink: QWTR) announced a corporate update on August 30, 2022. The company engaged K.R. Margetson Ltd. for audit services, leading to the filing of three years of audited financial statements. The British Columbia Securities Commission revokes a cease trade order against Quest. The company plans to raise US$5-10M, primarily for scaling its AQUAtap™ system in the Democratic Republic of the Congo (DRC). Water sales in the DRC have surged by approximately 50% weekly. Quest has partnered with Pathogen Detection Systems for real-time water quality monitoring.
Quest Water Global (OTC Pink: QWTR) announced that the British Columbia Securities Commission has fully revoked a cease trade order issued against the company for not filing certain continuous disclosure documents since 2015. The revocation comes after the company filed the necessary documents and paid associated fees in March 2022, making it current in its reporting obligations with both the British Columbia and U.S. Securities and Exchange Commissions. Quest specializes in solar-powered water purification and desalination technologies aimed at addressing water scarcity.