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

Economic development

70 Results / Page 7 of 8

Background
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Africa

Nigerian E-payments eclipse South Africa’s 2022 GDP, in latest surge

When the Nigerian Central Bank introduced newly designed currency notes in November 2022 and a month later put a cap on the maximum amount of hard cash that individuals and corporations could withdraw, the idea was to tame money laundering in the country. During that year’s Christmas festive season and in the run-up to the 2023 Nigerian presidential election in February 2023 –– two high spending seasons –– the country […]

todayFebruary 15, 2024 11

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Science & Technology

South Africa’s internet space is getting hotter

    By Bonface Orucho, bird story agency   A surge in internet connectivity and speeds will amplify opportunities within South Africa's already flourishing digital economy, executives in the sector believe. Africa-focused news platform Innovation Village reported the 2Africa subsea cable project is expected to be operational in the Rainbow Nation in 2024. “We expect 2Africa West and 2Africa East to be live by the end of the year,” David […]

todayFebruary 6, 2024 29

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Africa

Somalia’s rekindled aviation industry

  By Conrad Onyango, via bird story agency   The recent opening of Somalia’s first plane maintenance, repair and overhaul (MRO) facility is the latest indicator of the country’s efforts to revive a civil aviation industry that collapsed more than 30 years ago. Christened the Blue Hangar, the facility in Mogadishu is a key step towards an independent industry, according to local officials, as it offers local flight maintenance capabilities. […]

todayFebruary 6, 2024 36

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Africa

Mali, Burkina Faso and Niger want to leave Ecowas. A political scientist explains the fallout

  By Olayinka Ajala, Leeds Beckett University   Mali, Burkina Faso and Niger have sent Ecowas, west Africa’s main political union of 15 countries, a formal notice of their withdrawal from the bloc. The three countries are governed by military rulers who have overthrown democratically elected leaders since 2021. The Conversation Africa’s Godfred Akoto Boafo asked political scientist Olayinka Ajala about the implications of the withdrawal. Why are Mali, Benin […]

todayFebruary 6, 2024 3

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Business / Economics

Namibia’s investment ambassador Michelle McLean bridges sectors globally

Namibia's Investment Promotion and Development Board Consultant, Michelle McLean, who also serves as a Tourism and Investment Brand Ambassador Chairperson and International Business Developer at the Ohlthaver and List Group, shares that she brings together the public and private sectors. Her role involves facilitating collaboration, sharing opportunities, and promoting Namibia globally.

todayJanuary 24, 2024 99 3

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Business / Economics

New Global alliance for women’s health could help boost global economy by $1 trillion annually by 2040

  A new World Economic Forum report released today shows that closing the women’s health gap would allow more women to live healthier, higher-quality lives, and provide an unprecedented boost to the global economy. Closing the Women’s Health Gap: A $1 Trillion Opportunity to Improve Lives and Economies, developed in collaboration with the McKinsey Health Institute, analyses the health conditions that uniquely or disproportionately affect women and quantifies the health gap […]

todayJanuary 19, 2024 13

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Namibia

Chief Isaack calls for unity among Nama clans

  The Chief of the /Hai-/Khaua Traditional Authority, Johannes Isaack, has called for unity amongst all Nama traditional authorities, and urged them to focus on the plight of their people. Isaack during the first meeting of the/Hai-/Khaua Traditional Authority at Berseba recently said many traditional authorities in the region are embroiled in leadership fights, which further divides the community and has further negative consequences. “I am of the opinion that […]

todayJanuary 17, 2024 21

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Press Releases

Rwanda and European Investment Bank agree new Critical Raw Materials investment partnership

              Rwandan President Kagame and European Commission President von der Leyen witness agreement Rwanda first country in Africa to partner with EIB to unlock critical raw materials investment New cooperation will strengthen cooperation to identify investment opportunities, scale up investment in critical raw material supply chain and increase recycling Rwanda and the European Investment Bank (EIB) today signed a Joint Declaration enabling a strategic […]

todayDecember 19, 2023 8

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