insert_link APO International Namibia on course to becoming southern Africa’s energy hub Namibia is the current global oil and gas hotspot and is ready to become the energy hub for sub-Saharan Africa, delegates to African Energy Week 2024: Invest in Namibia Energy, heard this week. In opening the session Tom Alweendo Minister of Mines and Energy called on African Nations to safeguard their socio-economic advantages from ongoing oil and gas operations. Namibia was doing this by ensuring its policies were geared to […] todayDecember 3, 2024 6
insert_link APO International Board Accepts Carlos Tavares’ Resignation as Chief Executive Officer Creation of Interim Executive Committee to be chaired by John Elkann New CEO will be appointed in the first half of 2025 Full year 2024 financial guidance confirmed Stellantis N.V. (“Stellantis” or “the Company”) (www.Stellantis.com) announces that the Company’s Board of Directors, under the Chairmanship of John Elkann, accepted Carlos Tavares’ resignation from his role as Chief Executive Officer with immediate effect. The process to appoint the new permanent Chief […] todayDecember 3, 2024 9
insert_link APO International Verdant IMAP wins Best Advisory Firm: Private Equity at the Africa Global Funds Awards Verdant IMAP (www.Verdant-CAP.com) is delighted to announce its recognition as Best Advisory Firm: Private Equity at the prestigious Africa Global Funds Awards. The accolade was presented during the Gala Awards Dinner on Thursday, November 14, 2024, at the renowned Mount Nelson Hotel in Cape Town, bringing together leading firms in African private equity and asset management. This award highlights Verdant’s significant contributions to the private equity M&Aecosystem across Africa. Over […] todayDecember 3, 2024 10
insert_link APO International SDLG Shines at bauma CHINA 2024 While 2025 SDLG Global Dealer Summit Held Grandly SDLG (https://www.SDLG.com/) became the spotlight of the bauma CHINA 2024 as an outstanding brand pursuing international development. On the next day, the 2025 SDLG Global Dealer Summit was held in Shanghai. It became a gathering of more than 200 partners from more than 70 countries. At bauma CHINA, SDLG exhibited 21 high-end products, fully attracting global attention by demonstrating product layout and technological strengths in construction machinery. The launch of […] todayDecember 3, 2024 9
insert_link APO International Radisson Hotel Group bolsters its Indian Ocean presence with the opening of Crystals Beach Resort Belle Mare, a member of Radisson Individuals Radisson Hotel Group (www.RadissonHotels.com) proudly announces the opening of Crystals Beach Resort Belle Mare, a member of Radisson Individuals (http://apo-opa.co/3D5JaMg). Nestled along the stunning east coast of Mauritius, the resort enjoys a prime location on one of the island's most pristine beaches. Offering breathtaking lagoon views, an array of exceptional amenities, and a relaxed yet sophisticated atmosphere, this new addition to the Group’s Indian Ocean portfolio promises to deliver unforgettable experiences for […] todayDecember 3, 2024 8
insert_link Business / Economics Strike stops Volkswagen production in Germany Volkswagen assembly lines in Germany have been brought to a standstill after workers launched strike action. VW, Europe's biggest automaker, is facing financial pressures led by falling market share in China. todayDecember 2, 2024 29
insert_link Uncategorized 56 Killed in crush at Guinea football match At least 56 people have died in a crush following clashes at a football match in Nzérékoré, Guinea. The BBC reports that the government has announced an inquiry to identify those responsible. Prime Minister Oury Bah shared his condolences and described the events as "tragic." A doctor at the local hospital reported overwhelming numbers of bodies, with morgues and hallways filled. There's growing anger in Guinea after dozens were killed […] todayDecember 2, 2024 15
insert_link APO International The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Export-Import Bank of Malaysia Berhad (MEXIM) Sign Strategic Retakaful Agreement to Boost Global Trade The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-compliant multilateral insurer and a member of the Islamic Development Bank (IsDB) Group, has entered into a strategic Quota Share Retakaful Agreement with Export-Import Bank of Malaysia Berhad (MEXIM) to provide Export Trade Credit Risk Takaful on a global scale. The agreement was formalized during the Annual General Meeting of the AMAN Union in Algiers, Algeria. […] todayDecember 2, 2024 13
insert_link Business / Economics October occupancy rate drops to 65.15% The national occupancy rate for October stood at national occupancy rate for October stood at 65.15%, slightly lower than the 65.54% recorded in October 2023 and below the pre-pandemic level of 69.87% from October 2019. The year-to-date occupancy rate for 2024 averaged 54.17%, falling just short of the 54.76% seen in 2019. Gitta Paetzold the Hospitality Association of Namibia's CEO. todayDecember 2, 2024 19