insert_link Africa African financial institutions pledge $100 billion for green projects Africa Climate Summit in Addis Ababa, Ethiopia (Photo: nairametrics.com) African financial institutions have unveiled a plan that will mobilise over $100 billion to fund green projects to jumpstart economic growth. Key players, including the African Development Bank, Afreximbank, and Ecobank, committed to mobilising sustainable finance and aligning regulations at the Africa Climate Summit in Addis Ababa. Bloomberg reported that the funding will support renewable energy expansion, strengthen regional value chains, […] today10 September, 2025
insert_link Business / Economics U.S. retail giant Walmart to launch in South Africa A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. (Photo: REUTERS/Mike Blake) US retail giant Walmart will open its first branded stores in South Africa, expanding its footprint on the continent. The announcement comes after Walmart’s recent Growth Summit, which recruited Africa-based suppliers and strengthened local sourcing. Massmart CEO Miles van Rensburg said the move will combine Walmart’s promise of everyday low prices with support for South […] today10 September, 2025
insert_link Business / Economics Windhoek Hosts Training Ahead of Global Hydrogen Summit Training sessions in Windhoek started yesterday as part of the lead-up to the Global African Hydrogen Summit, which opens today. Participants are learning hands-on skills in hydrogen and renewable energy to enhance their practical knowledge for immediate workplace application. Our Angie Scholtz gave us this update: today10 September, 2025
insert_link Business / Economics Trade and Industry Ministries drive AfCFTA integration efforts Minister: International Relations and Trade, Selma Ashipala-Musavyi The Ministry of International Relations and Trade and the Ministry of Industrialisation and Trade are working with businesses to strengthen Namibia’s integration into the African Continental Free Trade Area (AfCFTA). International Relations Minister Selma Ashipala-Musavyi said the engagement is aimed at ensuring entrepreneurs benefit from the continent’s growing trade opportunities. She noted that the AfCFTA can complement industrialisation, regional value chains, and market […] today9 September, 2025
insert_link Business / Economics Windhoek Hosts Continental Hydrogen Summit The Global African Hydrogen Summit 2025 is underway in Windhoek until September 11. Bringing together political and business leaders, investors, and technologists, the summit seeks to accelerate green hydrogen projects across Africa. The event serves as a platform to foster collaboration and attract investment. William Shilamba, Commercial Manager at DMG Events, underscores the significance of the gathering. today9 September, 2025
insert_link Business / Economics MTC removes limit on prepaid Aweh bundles MTC mobile home (Photo: MTC website) Mobile operator MTC has announced the removal of its three-package limit on prepaid Aweh subscriptions, enabling customers to activate unlimited bundles. The change means users can now stack multiple packages at once, a move the company says will meet growing demand for flexibility and convenience. General Manager Andreas Gustav explained that the decision reflects MTC’s commitment to adapting its services to customer needs, while […] today8 September, 2025
insert_link Business / Economics Youth Funding Confusion Hits Walvisbaai Frans Koita, consultant for DKL Africa Consultations CC, says unclear guidelines for the National Youth Development Fund, which allocates N$257 million to youth businesses, have caused frustration. Speaking from Walvisbaai, he noted that applicants there faced extra documentation requirements, while submissions at the Swakopmund governor’s office went smoothly. The fund’s closing date was 4th September. today8 September, 2025
insert_link Business / Economics Interview: Confusion and Delays Hit Youth Funding Submissions Frans Koita, a consultant for DKL Africa Consultations CC, has raised concerns over the rollout of the National Youth Fund, citing confusion and delays affecting many applicants across the country. Koita, speaking from Walvis Bay, explained that submissions were intended to be made only at governor offices, a clarification that came just 24 to 48 hours before the deadline. “The late announcement by the Minister of Finance left many young […] today5 September, 2025
insert_link Business / Economics South Africa Remains Top Partner in Trade The national trade balance for July showed a deficit of N$58 million, reversing the N$856 million surplus seen a month earlier. Despite this, the figure is far better than the N$2.0 billion shortfall posted in July 2024. According to the Namibia Statistics Agency, South Africa remains the country’s most significant trading partner. Mirjam Shihepo from NSA: today5 September, 2025
