insert_link Business / Economics Nvidia dethrones Apple as the world’s most valuable company Nvidia has dethroned Apple as the world's most valuable company following a record-setting rally in the stock, powered by insatiable demand for its specialised artificial intelligence chips. Nvidia's stock market value briefly touched 3.53 trillion US dollars, slightly above Apple's 3.52 trillion, according to data from the London Stock Exchange Group. todayOctober 28, 2024 24
insert_link Business / Economics Ojoma Ochai talks innovation during Namibia visit Co-Creation Hub is helping Africa move towards a future of innovation and growth by using technology in different sectors. The hub also supports creative entrepreneurs with programs to prepare for investment, build ecosystems, and conduct research. The hub’s Managing Director, Ojoma Ochai talks about her visit to Namibia. todayOctober 15, 2024 28
insert_link Business / Economics Survey finds that 37% of Namibians avoid investment risks The 2023 Old Mutual Financial Services Monitor shows that many Namibians are not investing. About 37% are not willing to take any risks, especially the youth. Jo-Ann van Wyk from Old Mutual Investment Group revealed that 30% of people prefer safe, low-risk options like savings accounts. Van Wyk further explains that on the other end of the spectrum, those who are more inclined to take risks understand that achieving […] todaySeptember 30, 2024 23
insert_link Namibia NamWater invests N$5.2 million in filtration plants NamWater has invested N$5.2 million in the installation, and commissioning of filtration plants in Kayengona and Shamvhura, located in the Kavango East region. According to CEO Abraham Nehemia, the Kayengona plant received N$2.4 million, while the Shamvhura pant was allocated N$2.7 million. These investments have implemented advanced filtration technologies,and as a result, residents now have access to clean water. todaySeptember 24, 2024 12
insert_link Business / Economics Namibia creates one-stop investor center The Namibia Investment Promotion and Development Board and Namibia Revenue Agency signed a Memorandum of Understanding that allows NamRA to set up an office at the NIPDB, creating a one-stop service center for investors. The NIPDB's senior Manager for Marketing, Communications, and Branding, Catherine Shipushu. todaySeptember 12, 2024 43
insert_link Business / Economics EU commits N$495 million to Namibia’s hydrogen infrastructure The European Union has announced a contribution of 25 million euros, approximately N$495 million, to support infrastructure investments for Namibia's green hydrogen agenda. The announcement was made by European Commissioner for Energy, Kadri Simson, during the Global African Hydrogen Summit in Windhoek. Separately, speaking at the summit, Vice President Netumbo Nandi-Ndaitwah pointed to the country’s rich deposits of minerals essential for clean technologies, alongside its abundant wind and […] todaySeptember 5, 2024 43
insert_link Africa China’s interests in Africa are being shaped by the race for renewable energy By Lauren Johnston, University of Sydney China-Africa relations have deepened over the past two decades, characterised by increased economic cooperation, investment and infrastructure development. China is now Africa’s largest trading partner, with partnerships focused on building roads, railways and energy projects. As the ninth Forum on China–Africa Cooperation (FOCAC) kicks off this week in Beijing, a new, green theme is shaping their relationship: the global renewable energy race. […] todaySeptember 2, 2024 22
insert_link Business / Economics New Bank of Namibia bonds expected to improve financial access The Bank of Namibia is preparing to introduce the country’s first retail bonds, allowing low to medium-income earners to invest in government debt. According to Max Rix, Head of Investments at Simonis Storm Securities, this initiative could broaden financial inclusion and promote financial literacy among Namibians. todayAugust 29, 2024 109
insert_link Africa Africa’s off-grid solar sector is electrifying global investors By Bonface Orucho, bird story agency Africa’s off-grid solar sector continues to be a magnet for investment, with recent analysis from Africa: the Big Deal emphasizing its growing appeal to investors. Despite a general decline in start-up funding across the continent over the last two years, the industry remains a clear priority for both the social impact and regular investment community. According to Laura Fortes, the senior […] todayAugust 22, 2024 29