Environmental Investment Fund’s Libanda warns climate finance shortfall could worsen

Environmental Investment Fund’s Libanda warns climate finance shortfall could worsen

The United Nations Economic Commission for Africa has warned the continent faces a N$ 47 trillion climate finance shortfall by 2030. UNECA executive secretary, Claver Gatete, says only two percent of global clean energy investments reach Africa. Environmental Investment Fund CEO, Benedict Libanda says the shortfall will likely increase.

March 6, 2024 38

Namibia

UNESCO-Korea project enters third phase with Namibia

The "ICT Transforming Education in Africa" project Inception meeting is ending today. Funded by UNESCO and Korea, the project is entering its third phase, with Namibia newly added as one of the beneficiary countries. The meeting, according to Namibia's Ambassador to France and Permanent Delegate to UNESCO, Albertus Aochamub, is a platform for stakeholders to partner up.

March 6, 2024 38

Business / Economics

Former Twitter executives say Musk owes them millions

Former Twitter executives fired by Elon Musk have filed a lawsuit accusing the billionaire of owing them more than one hundred twenty-eight million dollars in severance pay.

March 6, 2024 39

Africa

Sudan war may spark world’s largest hunger crisis

The war in Sudan could trigger the world’s largest hunger crisis unless fighting stops, The World Food Programme has warned. The BBC reports that more than 10 months of fighting between rival forces has left nearly 14,000 people dead, over eight million displaced, and much of the country’s population cut off and facing rising hunger.

March 6, 2024 16

Business / Economics

Telecom Namibia improves service quality

Telecom Namibia has announced the signing of key customer-facing business processes, marking a step forward in its commitment to improving service quality. This initiative forms phase one of a broader project, named Project Phoenix, aimed at optimising all internal processes within the s. Here's Telecom spokesperson Nomvula Kambinda with more.

March 6, 2024 59

World

Seven men arrested in India for violating a tourist

Seven men are in custody in India for the alleged gang-rape of a Brazilian-Spanish tourist and assault on her husband, authorities said, in a case that has shone a new spotlight on the endemic problem of sexual violence against women in the country. According to CNN, the couple, who had been traveling by motorcycle from the state of West Bengal to neighboring Nepal, was found late Friday by police officers […]

March 6, 2024 22

World

French parliamentarians secure abortion rights

French parliamentarians have voted to enshrine the right to access abortion services into the constitution. Ross Cullen reports that lawmakers and senators overwhelmingly approved the changes in a rare joint session of parliament.

March 6, 2024 14

Business / Economics

Digital Market Strategist explains Meta outage impact on local businesses

Following widespread technical problems lasting more than two hours Tuesday, with hundreds of thousands of users logging errors in accessing the social media services on Facebook, Instagram, and Threads, all Meta apps, we spoke to Digital Market Strategist Nrupesh Soni for his take on the outage.

March 6, 2024 38

Africa

Binance to stop transactions in Nigeria

Binance, the world's largest cryptocurrency exchange, is ending all transactions and trading in Nigeria's local currency after 8 March 2024. This after Nigeria clamped down on the global crypto exchange, blaming it for feeding a black market for foreign exchange. Ajeck Mangut reports from Abuja.

March 6, 2024 14