infrastructure

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 […]

14 December, 2023 14

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, […]

12 December, 2023 19

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 […]

12 December, 2023 22

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 […]

6 December, 2023 18

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 […]

1 December, 2023 9