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

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11 Results / Page 1 of 2

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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 […]

todayOctober 30, 2024 7

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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 […]

todayAugust 22, 2024 16

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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 […]

todayJune 3, 2024 14

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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 […]

todayMay 13, 2024 13

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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 14

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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 […]

todayFebruary 14, 2024 10

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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 […]

todayFebruary 9, 2024 6

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Africa

10 ventures announced for the Africa Tech Summit Nairobi 2024 investment showcase

Africa Tech Summit Nairobi has announced ten African tech ventures that will showcase their solutions to a diverse audience of industry experts, investors and fellow innovators on February 14th and 15th. While African startup funding declined in 2023, the investment showcase continues to foster collaborations and stimulate investment opportunities to bridge the funding gap in the ecosystem. According to data from Africa: The Big Deal, African startup funding experienced a 39 […]

todayJanuary 19, 2024 14

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