Investment

106 Results / Page 12 of 12

Business / Economics

Manuel Ngaringombe: The Impact of Crime and Infrastructure on Investments

By Leonard Witbeen- 23rd January 2024 In a recent audio statement, Manuel Ngaringombe discussed the crucial relationship between crime rates, corruption, social cohesion, and infrastructure in attracting investments to a country. Ngaringombe emphasized that a conducive social and political environment plays a pivotal role in luring investors, and factors such as a high crime rate and corruption can create obstacles in this regard. Ngaringombe highlighted that investors are more likely […]

today23 January, 2024

Business / Economics

Trustco secures N$ 950 million investment

Trustco Group Holdings Limited is finalising deals with key shareholders, including a cash investment of up to NAD 950 million from the United States fund Riskowitz Value Fund LP. The move solidifies RVF as a key anchor foreign investor, allowing Trustco to cement existing investments in the local economy. Quinton Van Rooyen Junior, Trustco's Deputy CEO.

today16 January, 2024

Local

Trustco plans to raise NAD 2.4 billion from shareholders to tap into Namibia’s economic potential.

    Trustco Group Holdings Limited is concluding pivotal transactions with key shareholders that underscore confidence in Namibia's bright economic prospects and Trustco's time tested capabilities to channel investment into high-growth areas. First, Trustco and United States fund Riskowitz Value Fund LP (RVF) will enter into an option to make a cash investment of up to NAD 950 million into Trustco, entrenching RVF as a key anchor foreign investor. The […]

today16 January, 2024

Africa

UNEP report highlights potential surge in electric two-wheelers for motorcycle taxis in Africa

By Bonface Orucho, bird story agency Motorcycle taxis, a dominant transportation force in Africa, have substantial potential for electrification as electric two- and three-wheelers gain traction across the continent. These insights stem from a recently launched UNEP report focusing on the state of global electric two- and three-wheelers in emerging markets. At a virtual report launch on Wednesday, January 10, Tom Courtright, the Research Director at Africa e-Mobility Alliance, who […]

today11 January, 2024

Africa

How will we know when local communities benefit from carbon offset schemes? (commentary)

By Beth Allgood/John Waugh/Craig A. Talmage/Laura Musikanski/Dehara Weeraman on 5 January 2024 Carbon credit schemes face a crisis of legitimacy and often struggle to demonstrate the support of communities who must forgo land uses not compatible with the production and retention of carbon. At the very least, such projects should not negatively impact affected communities, but community support is also not a simple matter of just obtaining free prior and informed […]

today9 January, 2024