insert_link Namibia Namibia needs N$25 billion for water security Namibia needs N$25 billion over the next decade to fulfill water-security requirements, water minister, Calle Schlettwein said. Schlettwein said at a conference in Cairo that the country also needs N$10 billion to secure bulk water supply until 2037, with operating costs expected to rise at about 5% to 6% annually. todayOctober 16, 2024 6
insert_link Africa Zimbabwe’s Mnangagwa reassigns key ministers Zimbabwe’s President Emmerson Mnangagwa has re-assigned his foreign affairs and higher education ministers to new posts with immediate effect. According to Bloomber, Frederick Shava, formerly the foreign affairs minister, was named higher education minister, Martin Rushwaya, the chief secretary to the president and cabinet, said in an emailed statement on Tuesday. Shava succeeds Amon Murwira, who has been appointed as the new foreign affairs minister. Shava, who previously served as Zimbabwe's ambassador to […] todayOctober 16, 2024 3
insert_link Africa Angola extends cash tranfer for low-income families Angola will extend a cash-transfer program for low-income families as a weaker currency and sky-high inflation continue to drive up living costs in the oil-producing country. Bloomberg reports the Kwenda program will run until 2029, following the recent approval by the World Bank of an additional $400 million loan, President João Lourenço said in a speech Tuesday. The project, the first of its kind in Angola, began in 2020 to […] todayOctober 16, 2024 9
insert_link Business / Economics Bank of Namibia reduces repo rate to 7.25%, offering relief to consumers The Bank of Namibia has announced a 25 basis point reduction in the repo rate, bringing it down to 7.25 percent. This decision follows an extensive review of domestic, regional, and global economic conditions. Speaking at the monetary policy announcement, BoN Governor Johannes !Gawaxab emphasized the need to moderate monetary restrictions due to slowing economic growth and declining inflation. "Domestic economic activity rose during the first eight months of 2024, […] todayOctober 16, 2024 13
insert_link Namibia Electoral Commission of Namibia confirms 2024 election candidates The Electoral Commission of Namibia (ECN) held a public meeting on Wednesday to formally receive nominations for candidates and political parties contesting the 2024 Presidential and National Assembly elections. The final list of candidates will be made public on Thursday, 17 October 2024, according to ECN Commissioner Dr. Emmerencia Leonard. In a developing situation, the ECN has granted independent candidates an additional 24 hours to submit the required number […] todayOctober 16, 2024 17
insert_link APO International Merck Foundation declared Botswana First Lady as Ambassador of “More than a Mother” to build healthcare capacity, break infertility stigma, stop Gender-based Violence (GBV) and support girl education Merck Foundation Chairperson&CEO meet Botswana President and First Lady to acknowledge their Alumni and Award winners Merck Foundation Chairman&CEO meet Botswana President&First Lady to launch long term partnership to build healthcare capacity, stop infertility Stigma&GBV and Support girl education in Botswana Senator, Dr. Rasha Kelej and Mrs. Neo Masisi join hands to underscore Merck Foundation partnership with Botswana First Lady office to transform patient care landscape, support girl education, […] todayOctober 16, 2024 35
insert_link APO International World Food Day: How the new Mobilizing Access to the Digital Economy (MADE) Alliance will use digital technologies to help farmers in Africa feed the continent The African Development Bank Group (www.AfDB.org) and Mastercard are co-chairing a new initiative called Mobilizing Access to the Digital Economy (MADE) Alliance Africa, which aims to provide digital access to critical services for 100 million people and businesses in Africa over the next 10 years. In the first phase of its $300 million commitment to the Alliance’s initial five years of programming, the African Development Bank aims to bring 3 […] todayOctober 16, 2024 4
insert_link Environment JOINT PRESS RELEASE: Handover of vehicles and IT equipment for the Wildlife Protection Service (WPS) unit Handover of vehicles and IT equipment for the Wildlife Protection Service (WPS) unit The Integrated Wildlife Protection Project (IWPP), co-financed by the German Ministry for Economic Cooperation and Development (BMZ) through KfW Development Bank has handed over 22 vehicles (21 4x4 patrol vehicles and one sedan Corolla service vehicle) and IT equipment worth NAD 19.8 million (approx. EUR 1 million) to the Ministry of Environment Forestry and Tourism (MEFT). […] todayOctober 16, 2024 5
insert_link APO International VFS Global appointed to roll out Australian biometric collection centres in Sub-Saharan Africa Services to be rolled out at 12 locations in seven countries in Sub-Saharan Africa by February 2025 VFS Global becomes the exclusive biometric collection service provider for Australian applicants in all the nine regions globally – Americas, Europe, Mekong, Middle East and North Africa, Pacific, South Asia, South East Asia, North Asia, Sub-Saharan Africa Core services include Biometric Collection and Identity Verification, Digital Assistance with online visa applications submission […] todayOctober 16, 2024 11