insert_link Namibia EU and UNICEF Boost Drought Aid to Hard-Hit Areas The European Union has committed €911,000 (approximately N$19 million) to support emergency drought response through UNICEF, which is also contributing an extra €228,000 (about N$5 million) from its own resources. The joint effort is aimed at expanding life-saving assistance to communities severely impacted by the ongoing El Niño and La Niña conditions. Around 86,000 people in affected. Ana Beatriz Martins is EU’s Ambassador to Namibia: Prime Minister Elijah Tjitunga Ngurare […] today19 June, 2025
insert_link Business / Economics FNB Namibia Offers Drought Relief Loans to Farmers FNB Namibia is stepping up to assist farmers affected by the ongoing drought in the country. In line with the Bank of Namibia’s recent policy changes, FNB is offering loan moratoriums, restructuring, and emergency funding under preferential terms to qualifying agricultural clients. These measures aim to provide financial relief to farmers until October 2026. CEO Sepo Haihambo emphasized that the bank is committed to supporting Namibia's agricultural sector, which is […] today5 December, 2024
insert_link Africa Zambia gets funds from IMF as drought takes toll The International Monetary Fund has agreed to immediately disburse $569.6 million to Zambia, boosting the country’s foreign exchange reserves as it deals with its worst drought in almost 60 years. Bloomberg reports that the money includes an augmentation of $385.7 million. The funds will assist Zambia’s drought relief measures. today27 June, 2024
