insert_link 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 […] today19 June, 2024
insert_link 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), […] today10 June, 2024
insert_link 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 […] today31 May, 2024
insert_link 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 […] today30 May, 2024
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 […] today29 May, 2024
insert_link 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 […] today23 May, 2024
insert_link 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 […] today21 May, 2024
insert_link Namibia Cyclists promote Trans Kalahari Corridor for development and safety In a bid to promote the Trans Kalahari Corridor, advocate for spatial development initiatives, and promote safety and security along the Trans Kalahari Corridor, 30 cyclists from Botswana, Namibia, and South Africa cycled the Trans Kalahari Corridor. The 1900 km cycle challenge started in Rustenburg, through Botswana, and ended in Walvis Bay. Here is one of the cyclists, Vaino Kali. The TKC Executive Director, representatives of the Erongo Regional Council, […] today7 May, 2024
insert_link Africa Nigeria revokes dormant mining licences, opens opportunity for investors Nigeria's government has revoked with immediate effect, 924 dormant licences across four sectors in the mining industry. It has also invited investors to freely apply for the affected licences which it says will be offered on a "first come, first served" basis. today25 April, 2024
