insert_link Africa Zambia ratifies Walvis Bay-Ndola-Lubumbashi corridor agreement Zambia has ratified the Walvis Bay-Ndola-Lubumbashi Development Corridor Tripartite Agreement, a key trade route connecting Walvis Bay in Namibia, Ndola in Zambia, and Lubumbashi in the Democratic Republic of the Congo. The agreement facilitates enhanced regional connectivity and trade. Ndumbi Mvula, the Public Relations Officer at Zambia's Ministry of Transport and Logistics, gives additional details. todayJanuary 24, 2024 99
insert_link Business / Economics EU-twinning project supports Namibia’s economic growth The EU-Twinning Project, "Support to the Namibian Standards Institution," is concluding on 31 January 2024, after a 24-month period. Initiated in February 2022, the project, supported with N$ 27 million, has contributed to Namibia's international trade participation, economic growth, and the capacity of the Namibian Standards Institution. Here is Anna Sjögren from the EU Twinning Team. todayJanuary 24, 2024 26
insert_link Africa African startups turn to debt as equity powder dries up By Conrad Onyango, via bird story agency In 2022, when funding from venture capitalists began to dry up in Africa, Treepz, a shared mobility startup, was faced with a difficult decision... throw in the towel or grow the business without new investors. As part of their decision to keep going, they changed their core business model. “Towards the end of 2022, we knew the funding draught would happen […] todayJanuary 24, 2024 12
insert_link Business / Economics Financial Resilience: Strategies for Navigating Economic Uncertainty in the New Year By Jo-Ann van Wyk, Client Relationship Consultant, Old Mutual Investment Group, Old Mutual Namibia Stepping into a new year requires more than normal financial planning in the ever-changing landscape of economic challenges. Financial resilience is a systematic strategy to navigating unpredictable market dynamics, geopolitical developments, and unanticipated global events. Building a strong financial foundation begins with the establishment of an emergency fund. Recent worldwide financial crises have highlighted […] todayJanuary 24, 2024 22
insert_link Business / Economics King coal set to lose crown for electricity production: IEA Renewables are set to displace coal as the top source of energy for electricity production globally in 2025, the International Energy Agency said Wednesday. In its annual report on the electricity market, the IEA said that renewables -- in particular from solar panels -- should see their share of total electricity production surpass a third of the total, passing from 30 percent last year to 37 percent in 2026. If […] todayJanuary 24, 2024 15
insert_link Business / Economics As equity deals continue to decline and volumes dry up worldwide, African startups are increasingly relying on venture debt to stay afloat. By Conrad Onyango, bird story agency In 2022, when funding from venture capitalists began to dry up in Africa, Treepz, a shared mobility startup, was faced with a difficult decision... throw in the towel or grow the business without new investors. As part of their decision to keep going, they changed their core business model. “Towards the end of 2022, we knew the funding draught would happen in Africa. We […] todayJanuary 24, 2024 3
insert_link Business / Economics Lessons from Finland’s attempt to transition to a circular economy Tracegrow, a Finnish company, uses recycled batteries and industrial waste to create agricultural fertilizers. A number of companies are innovating to increase circular solutions. At the national level, however, experts underline that great challenges remain to advance circularity. Image courtesy of Tracegrow. By Sean Mowbray via MongaBay In 2016, Finland became the first country in the world to adopt a national circular economy road map, with the ambition to become a […] todayJanuary 24, 2024 7
insert_link Business / Economics We need a better understanding of how crops fare under solar panels, study shows Farmers in Bihar, India, growing crops amidst solar panels. Image by C. de Bode/CGIAR via Flickr (CC BY-NC-SA 2.0). By Ruth Kamnitzer via MongaBay The dream of agrivoltaics is to generate your electricity and eat your edamame too. But a recent study in Agroforestry Systems shows that agrivoltaics — growing food beneath solar panels — is not so simple. Research published in September finds that overall crop yields decrease when paired with solar panels and offers […] todayJanuary 24, 2024 16
insert_link Africa Education has a huge role to play in peace and development: 5 essential reads Children’s education is frequently disrupted in conflict-fraught areas. Daniel Beloumou Olomo/AFP via Getty Images Natasha Joseph, The Conversation Nelson Mandela was a famous advocate for the value of education. In 1990, the man who would become South Africa’s first democratically president four years later told a high school in Boston: “Education is the most powerful weapon which you can use to change the world.” The United Nations agrees. In 2018 […] todayJanuary 24, 2024 28