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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Economic development

73 Results / Page 4 of 9

Background
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Opinion Pieces

Good health is vital to national progress

        By Bank Windhoek’s Executive Officer of Corporate and Institutional Banking, Lukas Nanyemba.   Health is wealth. The international community agrees that good health is of social and economic value to individuals, society and the economy in general. Good health enables the prosperous and flourishing societies that governments strive to achieve. Investing in health is a wise choice in the best of times and an urgent necessity […]

todayJune 24, 2024 47

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Namibia

Hyphen to create 18 thousand Green Hydrogen jobs in construction phase

Hyphen Hydrogen Energy's Senior Economic Development Manager, Johannes Shipepe, has revealed that the Green Hydrogen project is expected to create 18,000 jobs during its construction and operation phases, with 30% of the expenditure being localised. According to the Namibia Press Agency, as part of the Feasibility and Implementation Agreement with the government, a Socio-Economic Development framework has been established to maximize benefits for Namibians.

todayJune 20, 2024 52

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Namibia

Namibia’s Oil and Gas have potential to improve overall economy without adverse on other sector

        By Josef Keas Sheehama       Although Namibia's oil and gas industry has the potential to boost the country's economy, careful management and diversification are essential to ensuring that this potential is realized without detrimental effects on other industries. Namibia, along with other African countries, is emerging as an attractive oil and gas opportunity due to legislative changes that make the market more appealing. Namibia's […]

todayJune 19, 2024 39

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Local

FlyNamibia announces flight route shift and enhanced connectivity to stimulate Zambezi Region tourism

      FlyNamibia is pleased to announce significant enhancements to its flight operations to optimise connectivity and stimulate tourism in the Zambezi Region. Effective 3 July, FlyNamibia Katima Mulilo flights will transition from Eros Airport to Hosea Kutako International Airport, facilitating improved access to key destinations. In conjunction with this shift, FlyNamibia is introducing an innovative flight routing system designed to enhance connectivity between Windhoek (Hosea Kutako International Airport), […]

todayJune 10, 2024 20

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Local

Bank of Namibia hosts public lecture on financial inclusion in rural areas

      The Governor of the Bank of Namibia, Mr. Johannes !Gawaxab, delivered a public lecture at the Namibia University of Science and Technology (NUST) in Eenhana, Ohangwena region. The lecture, under the theme "Unlocking Opportunities for Rural and Informal Sector Development through Financial Inclusion," highlighted the critical role of financial inclusion in transforming Namibia's rural economy. In his address, the Governor drew lessons from the Bank's 2023 Annual […]

todayMay 31, 2024 17

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South Africa

Power cuts have hit South Africa’s labour market hard: the biggest toll has been on jobs – new research

      By Haroon Bhorat, University of Cape Town and Timothy Köhler     Access to electricity – measured by the share of individuals who use electricity as their main energy source – has significantly improved in lower-income countries in recent decades. Thanks to large-scale rural electrification and infrastructure development programmes, 90% of the population in these countries had access by 2021, up from about 74% at the turn […]

todayMay 30, 2024 32

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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 14

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World

He won Indonesia’s election in a landslide. Now, backroom meetings and horse-trading will determine whether Prabowo can govern

        By Stephen Sherlock, Australian National University     Indonesia’s president-elect, Prabowo Subianto, won February’s presidential election in a landslide victory of nearly 59% of the nationwide vote, more than double his nearest challenger. But his party, Gerindra, fell far short of a majority in the parliamentary elections that took place at the same time. Gerindra was founded by Prabowo and its political fortunes are inseparable from […]

todayMay 23, 2024 6

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Local

Tony Elumelu champions youth entrepreneurship across Africa, advocates for investment over aid

      With a burgeoning youth population estimated to be one half of the world’s youth by 2,100, and the highest entrepreneurship rates across the globe - where over 20% of working-age Africans launching new businesses and more than 75% of young people intend to start one within the next five years - it is within this landscape of ambition and potential that Africa's path to development and prosperity […]

todayMay 21, 2024 55

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