insert_link Africa DR Congo capital in tumult as river bursts banks Burst riverbanks are causing turmoil in DR Congo's capital Kinshasa, with dark and foul-smelling water pouring into homes across working-class neighborhoods in the central African megacity. The impoverished metropolis of some 15 million people sits on the Congo River -- the second largest in Africa after the Nile -- which has swollen to near-record levels over the past several weeks. Kinshasa is crisscrossed with small rivers and waterways, which often […] todayJanuary 12, 2024 33
insert_link Business / Economics Unpacking FinTech: A financial journalism deep dive By Angie Scholtz 1. INTRODUCTION: The world over, the inclusion and advancement of technology in the financial services sectors and markets have become more and more prevailing to the extent where the accepted acronym for this has been determined to be FinTech which essentially relates to Financial Technology as a designated term. The world is aware of the various levels of information technology infrastructure in various countries which would by […] todayDecember 21, 2023 42
insert_link Health / Medical Government wants to partner with private sector for nurses’ home renovation The government is partnering with the private sector to renovate the Windhoek Central Nurses' Home. Ben Nangombe, the Executive Director of the Ministry of Health and Social Services, told the Namibia Press Agency that a bid notice for the partnership with the private sector will be advertised. The decision to renovate the nurses' homes at Windhoek Central Hospital follows recent complaints about their poor condition. todayDecember 19, 2023 32
insert_link Opinion Pieces China’s high-quality development presents new opportunities for Namibia’s modernization By Josef Kefas Sheehama As the world economy is facing a tough situation in 2023, with probably tougher prospects for 2024, China’s economic outlook carries global significance. China’s modernization stride will inject more certainty into the global economy. As Namibia's projected economy to 3.9% expansion in 2023 and a 3.4% growth in 2024, according to the Bank of Namibia's Economic Outlook, the smart partnership with China will elevate Namibia’s […] todayDecember 15, 2023 41
insert_link Local German Government continues its support to Namibia’s sustainable development efforts in the water sector On Tuesday 12 December 2023, the Ministry of Finance and Public Enterprises of the Republic of Namibia and KfW Development Bank, signed an agreement for a concessional loan of NAD 1,026,650,000.00 (approx. EUR 50 mio.) for the financing of the rehabilitation and extension of the Gammams and Otjomuise Wastewater Treatment Plants. The objective of the project is to upgrade the existing wastewater treatment capacities and improve Windhoek’s potable water […] todayDecember 14, 2023 11
insert_link Africa bird TenX: 10 of Africa’s major ports in race for greater share of global trade By Conrad Onyango, via bird story agency The opening of Nigeria’s 'game-changing' billion-dollar deepwater seaport in Lekki, in early 2023, together with other ongoing and upcoming projects around the continent reflects an increasingly competitive race for the top shipping hub slots in Africa. Currently, a host of other major multi-billion dollar investments geared towards improving existing infrastructure or putting up new ports are ongoing in countries including South Africa, Morocco, […] todayDecember 12, 2023 14
insert_link Africa Namibia to host Inaugural Global African Hydrogen Summit 2024 As part of Namibia’s COP28 programme, the Namibia Investment Promotion and Development Board (NIPDB), the Environmental Investment Fund of Namibia (EIF), DMG events and Vasco Da Gama Energy on 06 November 2023 officially launched the inaugural Global African Hydrogen Summit (GAh2S), to be hosted in Windhoek on 03 – 05 September 2024. Themed “From Ambition to Action: Fuelling Africa’s Green Industrial Revolution”, the three-day Summit will convene heads of […] todayDecember 12, 2023 19
insert_link Namibia Tsumeb, Road Fund Administration, and Roads Authority sign MoU The Municipality of Tsumeb, along with the Road Fund Administration and Roads Authority, has entered into a three-year Memorandum of Understanding to rehabilitate key roads in the town. Nampa reports that the Road Fund Administration’s CEO, Ali Ipinge, announced a commitment of N$19.9 million for the 2024/25 financial year and N$20 million for the subsequent year. The funds will support the rehabilitation of Hage Geingob Drive, a 2.1-kilometer road entering […] todayDecember 6, 2023 15
insert_link Africa Ghana wants to restrict imports on 22 products – an economist explains how, why and what else must be done By Adu Owusu Sarkodie, University of Ghana Ghana’s Ministry of Trade and Industry has tabled in parliament a proposed ban or restrictions on imports of certain goods, including rice, sugar, poultry, fruit juices and animal intestines (tripe). The proposed legislation empowers the trade minister to issue licences to potential importers of goods. Critics of the policy say it will give too much power to the minister and create room for […] todayDecember 1, 2023 5