insert_link Business / Economics Bank of Namibia Talks Fintech Forum on Youth and Jobs The Bank of Namibia hosted the Fintech Thought Leadership Forum under the theme “Unlocking Youth Potential and Job Creation Through Innovations of Tomorrow.” The event gathered leaders from government, business, and academia to explore how technology can promote inclusive economic growth. Naufiku Hamunime, Acting Deputy Director for Corporate Communications and Sustainability at BoN: today21 October, 2025
insert_link Business / Economics 30 October 2024 Morning Biz News: Economic Update: Procurement Compliance Issues and Market Developments Recent reports from the Institute for Public Policy Research reveal that only 43% of public entities in Namibia have submitted their annual procurement plans for the 2024/25 financial year. Of the 173 entities required to comply, just 75 had met the deadline by late October, raising concerns about significant delays at this midpoint of the fiscal year. This lack of compliance not only hinders effective resource allocation but may […] today30 October, 2024
insert_link Africa Africa’s mobility startups dethrone fintechs, scale new heights By Conrad Onyango, bird story agency Africa’s mobility startups are having a moment. For the first time, these small businesses in transport and logistics have dethroned Fintechs in attracting the most investor funding on the continent. In another historic first, mobility startups are beginning to explore cross-border rental trips as they look to capitalize on growing intra-Africa tourism fuelled by the removal of visa requirements by some […] today22 August, 2024
insert_link Namibia Namibia’s Startup Ecosystem Surges As Windhoek Climbs Global Rankings Namibia's startup ecosystem is thriving, ranking 8th in Africa and showing remarkable progress with Windhoek's surge in global city rankings. According to The Brief, the ecosystem is characterized by stability, fostering innovation and entrepreneurship. Leading startups in Windhoek span hardware, marketing, fintech, and e-commerce. However, challenges persist, including limited infrastructure, bureaucratic hurdles, and funding constraints. Organizations like the Namibia Investment Promotion and Development Board and Startup Namibia are crucial in […] today3 June, 2024
insert_link Africa Africa Tech Summit London Announces 15 Ventures for the 2024 Investment Showcase at London Stock Exchange on June 7th Africa Tech Summit (ATS) London will celebrate the eighth edition at the London Stock Exchange on June 7th, 2024, and is thrilled to announce the 15 tech ventures that will join the ATS Investment Showcase 2024. The ATS London Investment Showcase provides ventures with the opportunity to present their businesses to leading African tech investors, corporates, and industry stakeholders in attendance from Europe, USA and Africa. The […] today13 May, 2024
insert_link Africa Nigeria fines cryptocurrency trading company Nigeria has slammed a 10 billion dollar fine on cryptocurrency trading firm, Binance. It says the firm manipulated foreign exchange rates through currency speculation and rate fixing. Tesem Akende reports. today4 March, 2024
insert_link 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 […] today15 February, 2024
insert_link Africa bird TenX: 10 African projects that show the power and versatility of blockchain technology By Okwi Okoh, bird story agency 1. Catch of the Day (Senegal) The Bleu comme la mer platform connects fishermen and customers directly, eliminating brokers and financial gatekeepers. Payments for seafood can be made in Bitcoin, Ether and Tezos. Details like species, location, and dates are recorded by fishermen and shared with buyers on the blockchain as an attempt to reduce overfishing and waste. 2. Private Property […] today14 February, 2024
insert_link Business / Economics Investment in African women-founded and led startups remains a bright spot in a global ecosystem drained of funding. By Conrad Onyango, via bird story agency Africa’s women-led startups retained their sparkle through 2023, against the backdrop of one of the darkest periods for global startup funding, raising US$200 million, 7% growth over the previous year, according to a report from Africa: The Big Deal. In 2022, these female-founded ventures had grown by 4%. The amount remains significantly lower than the US$ 2.7 billion raised […] today9 February, 2024
