‘Made in Africa’ gets a boost as cross-border trade gathers pace

‘Made in Africa’ gets a boost as cross-border trade gathers pace

By Conrad Onyango, via bird story agency African leaders are beginning a push for increased consumer consciousness of ‘Made in Africa’ products as cross-border trade opens new opportunities for economic growth. Inaugurating South Africa’s first trade shipments under the African Continental Free Trade Area (AfCFTA), President Cyril Ramaphosa urged over 12 African trade ministers attending the 13th AfCFTA Council of Ministers meeting in Durban, to bolden their push […]

February 6, 2024 14

Africa

2024 U.S.-Africa Business Summit: Partnering for sustainable success; celebrating MCC’s 20 years of poverty-reducing development

The Corporate Council on Africa (CCA) is proud to announce that the 2024 U.S.-Africa Business Summit will take place in Dallas, Texas May 6-9, 2024, with the theme "U.S.-Africa Business: Partnering for Sustainable Success." CCA’s signature event, the U.S.-Africa Business Summit, is the premier platform focused on U.S.-Africa trade, investment, and commercial engagement that annually brings together African Heads of Government, Senior U.S. and African Government Officials, and […]

February 6, 2024 28

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. […]

February 6, 2024 36

Local

Bank of Namibia warns against fraudulent investment scams.

The Bank of Namibia (the Bank) has noted with concern an escalation in the number of fraudulent investment scam activities, targeting and using references to the Government, its Ministries, Offices, and Agencies. The Bank has identified fraudulent investment scam activities, offering unsolicited financial assistance to fund Namibia’s developmental initiatives, with perpetrators applying particular focus on senior public figures, high-ranking government officials, politicians, and civil servants, to promote the fraudulent […]

February 2, 2024 22

Business / Economics

Innovating for Impact: driving positive change through financial solutions

By Mignon du Preez, Group Marketing, Public Affairs and Sustainability Executive, Old Mutual Namibia In Namibia, making a real impact with financial solutions is a shared endeavour that requires collective action, innovative thinking, and a deep understanding of our people's needs. As a united force within the financial services industry, we bear a collective responsibility to lead the way toward a better future for everyone. At the forefront […]

February 1, 2024 2

Business / Economics

Economist weighs in on Bank of Namibia’s policy alignment

Following calls for increased inclusivity in the Monetary Policy Committee of the South African Reserve Bank, we reached out to Cirrus Capital Economist, Robert McGregor for his take.

February 1, 2024 32

Local

EU-twinning project elevates Namibia’s trade landscape: A boost for economic growth

Following an intensive 24-months of facilitation, training, peer-to-peer learning, and diverse events, the European Union-funded Twinning Project titled "Support to the Namibian Standards Institution" successfully concludes on 31 January 2024, marking a significant milestone in boosting Namibia's trade capabilities. This was revealed at the closing event, hosted at Droombos to take stock and celebrate the success of the first of its kind EU funded twinning project in Southern […]

January 26, 2024 16

Business / Economics

EU-twinning project supports Namibia’s economic growth

The EU-Twinning Project, "Support to the Namibian Standards Institution," is concluding on 31 January 2024, after a 24-month period. Initiated in February 2022, the project, supported with N$ 27 million, has contributed to Namibia's international trade participation, economic growth, and the capacity of the Namibian Standards Institution. Here is Anna Sjögren from the EU Twinning Team.

January 24, 2024 26

Namibia

Deputy Prime Minister warns of collective failure on SDGs

Minister of International Relations and Cooperation, and Deputy Prime Minister Netumbo Nandi-Ndaitwah says the collective failure to invest in the Sustainable Development Goals, is having a negative impact on developing nations' economic growth. Nampa reports that while speaking at the Group of 77 plus China's third South Summit in Kampala, she referenced the UN SDG Report 2023, which reveals very little progress on over half of the SDG targets and […]

January 23, 2024 14