SOURCE: Savanna East Africa, Inc.

Savanna East Africa, Inc.

August 17, 2010 09:30 ET

(NVAE) Savanna East Africa, Inc. Releases Kenya Affordable Housing Webcast and Project Update

DALLAS, TX--(Marketwire - August 17, 2010) -  Savanna East Africa, Inc. (PINKSHEETS: NVAE)(OTCQB: NVAE) today released a Webcast to review the Company's affordable housing initiative in East Africa. Members of the Company's affordable housing project team were recently in Nairobi, Kenya and surrounding areas to conduct due diligence and business development meetings geared towards expanding Savanna's affordable housing initiative. The Webcast also includes an update on a previously announced wireless utility metering project Savanna has been working on with its partner NuMobile, Inc. (OTCBB: NUBL).

Savanna began its expansion into East Africa through the NewMarket Technology Greenfield Partnership Program introduced last year to accelerate and enhance the introduction of new technology innovations into new markets, including those markets with diversified, high growth opportunities like East Africa. Earlier this year, the Company announced an updated business plan to expand into developing a diverse range of high growth early stage business opportunities in East Africa to include technology systems integration, utility support services, healthcare products manufacturing and affordable housing. Savanna East Africa is a fully-reporting company with audited financial statements quoted on the new 'OTCQB.' The Company was formerly known as Nova Energy, Inc.

A link to the Webcast is now available on the Company's corporate website www.savannaea.com Home and Investor Relations page.

Savanna East Africa Information and Email Newsletter

To learn more about Savanna East Africa and to sign up for company email alerts, please visit the newly launched corporate website at www.savannaea.com.

About Savanna East Africa, Inc. (www.savannaea.com)

Savanna East Africa, Inc. (NVAE), previously named Nova Energy, Inc., launched an updated corporate strategy early this year to pursue several business lines in the growing economy of East Africa, initially in Kenya. Nova has already begun several initiatives in the region to include initiatives in the Technology, Utility, Housing and Health products industries. The Company is also continuing to grow its existing oil and gas reclamation business with new management and business strategies. Savanna East Africa is a fully-reporting company with audited financial statements quoted on the new 'OTCQB.'

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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