insert_link Business / Economics EIB Global Invests €25 million in Amethis Fund III to promote sustainable growth of African businesses The has so far invested nearly €3 billion in equity funds with a geographic focus entailing Africa. In 2023, close to 60% of EIB’s fund investments were in Africa. Amethis has supported the growth of more than 30 African companies employing more than 40,000 people. European Investment Bank (EIB Global) has invested €25 million into Amethis Fund III, a pan-African fund providing private equity growth capital to medium […] todayMay 29, 2024 13
insert_link 2 Business / Economics Wild Africa Fund and OneAfrica partner to Increase Awareness About Wildlife Conservation in Namibia Wild Africa Fund, an organisation dedicated to popularising wildlife conservation across Africa, is excited to announce its strategic partnership with OneAfrica in Namibia. This collaboration, officially launching on May 30th 2024, has already commenced with the broadcast of ‘Music for Wildlife’ concerts from Saturday 25 May 2024. This multifaceted partnership spans both television and radio, leveraging the extensive reach and influence of OneAfrica to amplify Wild Africa […] todayMay 29, 2024 19 2
insert_link Business / Economics 29 May 2024 Morning Biz News: Osino Resources Corp. to Delist from Namibian Stock Exchange After Acquisition by Yintai Gold-Reports Osino Resources Corp. to Delist from Namibian Stock Exchange After Acquisition by Yintai Gold Osino Resources Corp., a prominent player in the mining sector, is poised to exit the Namibian Stock Exchange (NSX) following its acquisition by the Chinese mining powerhouse, Yintai Gold. The decision to delist from the NSX comes on the heels of the completion of the acquisition and is primarily attributed to the complexities associated with managing […] todayMay 29, 2024 24
insert_link Business / Economics 28 May 2024 Morning Biz News: Namibia Boosts Business Tourism, Pick n Pay Overhauls Strategy, and Financial Markets Stay Vigilant: A Roundup of Recent Developments Namibia Aims to Boost Business Tourism, Pick n Pay Revamps Strategy, and Financial Market Update In the dynamic landscape of business and finance, keeping abreast of the latest developments is crucial for investors and entrepreneurs alike. Here’s a roundup of the latest buzz from the business world: 1. Namibia’s Push for Business Tourism The Namibia Investment Promotion and Development Board (NIPDB) is spearheading efforts to position Namibia as a top-tier […] todayMay 28, 2024 15
insert_link Africa Launching a startup in Africa: OX Delivers Investing in Africa 2024 dialogue focuses on nurturing investment and collaboration across the investment value chain and driving sustainable growth in Africa. With a wide variety of industry sectors attending and many of the key financial sector participants present, investors attend AFSIC looking for new investment ideas or looking to raise capital for their own funds. To help facilitate this the AFSIC Investor Pitching room offers quickfire pitching […] todayMay 27, 2024 9
insert_link Business / Economics Hospital pie in the election sky This story is republished with permission from The Tender Bulletin (Edition No. 1541 - 30 May 2024) Swapo has spent close to N$1-b on its swanky new head office opposite the dilapidated Katutura Hospital on which the government has spent only N$120-m since 1994, attracting much public criticism. Now, with November’s general elections around the corner, Windhoek’s new District Hospital in Havana has suddenly been prioritised after […] todayMay 27, 2024 95
insert_link Africa A mixed bag for Elon Musk’s space internet in Africa By Conrad Onyango, via bird story agency As Elon Musk-owned Starlink internet service reaches a new global milestone of 3 million users in nearly 100 countries, it's a mixed bag for its operations in Africa. "Congratulations to the @SpaceX team on passing 3 million customers in 99 countries! And thanks to you for buying @Starlink!" Musk recently thanked Starlink and users on X for the milestone. On its progress report, […] todayMay 27, 2024 51
insert_link Business / Economics Old Mutual Foundation Launches 2024 Chair & Desk Initiative for Education in Namibia The Old Mutual Foundation is excited to announce the launch of the 2024 edition of the Chair and Desk Initiative, building on the resounding success of its inaugural year in 2023. This initiative reaffirms Old Mutual's steadfast dedication to enhancing the countries educational infrastructure and cultivating a supportive learning environment for students across Namibia. In 2023, the Chair and Desk Initiative made significant strides by aiding schools in […] todayMay 27, 2024 21
insert_link Business / Economics 27 May 2024 Morning Biz News: Emerging Trends in the Global Oil and Gas Sector: Insights from Africa and Beyond In the ever-evolving landscape of the global oil and gas sector, recent developments across various continents shed light on emerging trends and opportunities. From regulatory overhauls to strategic acquisitions, the industry continues to navigate a complex terrain influenced by geopolitical dynamics, technological advancements, and shifting market demands. Namibia's Oil and Gas Sector Reform: Namibia, a country with significant untapped potential in its oil and gas reserves, is taking bold […] todayMay 27, 2024 16