International Finance Corporation

29 October 2024 Morning Business News Update

Beef Industry Growth: The Namibian beef industry has seen remarkable growth this year, with exports reaching 17.6 million kilograms by the third quarter, marking a 66.2% increase compared to the same period in 2023. This surge is largely driven by strong demand from the European Union and consistent contributions from other key markets, as reported by The Brief from the Livestock and Livestock Products Board of Namibia. Dis-Chem's Market Entry: […]

October 29, 2024 10

Namibia

World leaders meet in Switzerland to bridge digital divide in schools by 2030

The inaugural Giga Connectivity Forum is taking place at the ITU headquarters in Geneva, Switzerland, bringing together high-level representatives from Ministries of Education, ICT, and Communications Regulatory Authorities to network and share best practices for achieving universal school connectivity by 2030. Speaking from Geneva, Switzerland, Ministry of Education Arts and Culture Executive Director Sanet Steenkamp stressed that the event's goal is not only to boost regional collaboration but also to […]

July 10, 2024 80

Africa

Africa’s green bond market is booming – report

By Bonface Orucho, bird story agency Green bonds are experiencing robust growth in Africa as governments, corporations, and financial institutions recognize their potential to fund sustainable projects. A new report shows green bond issuances in Africa jumped 125% last year, hitting US$1.4 billion from US$600 million in 2022. The report, ‘Emerging Market Green Bonds’ by the International Finance Corporation and Amundi, a European asset manager […]

June 3, 2024 25

Business / Economics

Capricorn Corner earns ‘Green Building Certification’

The Capricorn Corner building, Capricorn Group's state-of-the-art office facilities in Klein Windhoek, earned EDGE Advanced green building certification, the green building certification from the International Finance Corporation, the private sector arm of the World Bank Group. The certification, presented by EDGE certification partner - Green Business Building Certification Inc. marks the first internationally recognised operational building to be EDGE-certified in Namibia. This achievement also preludes this year's World Earth Day, […]

April 22, 2024 59

Africa

Projects funded by the World Bank Group’s private sector arm fuel armed conflict – it’s time to reform the system

Brian Ganson, Stellenbosch University; Anne Spencer Jamison, Copenhagen Business School, and Witold Jerzy Henisz, University of Pennsylvania To what extent does private investment help developing countries to reduce conflict and violence and to achieve the Sustainable Development Goals? This is a hotly debated issue. Most international institutions such as the World Bank Group take the stance that the problem is not enough private investment. So they mobilise public resources to […]

November 14, 2023 9