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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Investment

84 Results / Page 4 of 10

Background

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 […]

todayJune 3, 2024 25

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Science & Technology

Microsoft to invest $3.2 bn in AI in Sweden

    Microsoft said Monday it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure in Sweden, the US company said in a statement. The group will train 250,000 people by 2027 to boost AI knowledge and competence and also increase capacity at its three data centres in the country, the statement said, adding that the investment was Microsoft's biggest ever in Sweden. […]

todayJune 3, 2024 53

Africa

Europe’s hydrogen rush targets Tunisia, other sunny African countries

          By Bonface Orucho, bird story agency     TE H2, a joint venture that includes involves TotalEnergies (as the major partner), EREN Groupe, and Austria’s leading electricity company, VERBUND, has signed a Memorandum of Understanding (MOU) with the Republic of Tunisia to explore the viability of this project, according to a press statement. The move is just the latest in a flurry of announcements involving […]

todayMay 31, 2024 22

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Business / Economics

EIB Global Invests €25 million in Amethis Fund III to promote sustainable growth of African businesses

      The has so far invested nearly €3 billion in equity funds with a geographic focus entailing Africa. In 2023, close to 60% of EIB’s fund investments were in Africa. Amethis has supported the growth of more than 30 African companies employing more than 40,000 people. European Investment Bank (EIB Global) has invested €25 million into Amethis Fund III, a pan-African fund providing private equity growth capital to medium […]

todayMay 29, 2024 14

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Opinion Pieces

Economic and Business Advice for the next President

      Opinion Piece by Josef Kefas Sheehama   There are a number of important business and economic issues that the incoming President should take care of as we anticipate the upcoming presidential and national assembly elections. As an independent researcher in economic and business matters, I advise the incoming president to prioritize trade and industrial policies and foster positive relationships with international trade in order to attract investors […]

todayMay 28, 2024 22 2

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Local

Old Mutual Foundation launches OM SEED 2024 with N$800 000 in support of grassroots entrepreneurs in Ohangwena, Zambezi, Oshikoto, and Kavango West Regions

      The Old Mutual Foundation has launched its third edition of the highly anticipated Old Mutual Sustainable, Economic, and Empowerment Drive (OM SEED) today with a total investment of N$800 000 in support of grassroots entrepreneurs in Ohangwena, Zambezi, Oshikoto, and Kavango West Regions Following the remarkable impact achieved in the Erongo, Kavango East and Hardap regions in 2022 and 2023, the Foundation is extending the initiative to […]

todayMay 23, 2024 14

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Uncategorized

Chamber of Mines calls for action after decline in mining survey

The Chamber of Mines has called for urgent policy reforms in the country's mining sector following Namibia's drop in the 2023 Fraser Institute Annual Survey of Mining Companies. The country’s position on the overall Investment Attractiveness Index fell by 3 points from 59 in 2022 to 56 in 2023, while on the continent, Namibia ranked 4th out of 22 African jurisdictions surveyed. Lauren Graham, Chief Economist at the Chamber of […]

todayMay 21, 2024 64

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Africa

Nigeria’s maritime logistics cruise as ports get a makeover

      By Bonface Orucho, bird story agency   Nigeria is implementing a ports makeover, ramping up investment to expand its ports as it seeks to untangle congestion, enhance efficiency, and seize economic opportunities through improved sea freight logistics. President Tinubu and Maersk Chairperson Robert Maersk Uggla have reportedly discussed a US$600 million deal with A.P. Moller-Maersk. The two met during the World Economic Forum event in Riyadh. In […]

todayMay 3, 2024 59

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Business / Economics

New salmon farm at Lüderitz to create 600 fobs 

Namibia has broken ground on the largest salmon farm at Lüderitz today. Facilitated by the Namibia Investment Promotion and Development Board, Benguela Blue Aqua Farming is set to pioneer salmon farming in Namibia and become one of the largest salmon farming projects in Africa. The project is expected to create 600 direct and about 1500 indirect jobs. Here’s Johannes Aldrian, the Co-Founder and Managing Director of Benguela Blue Aqua Farming, […]

todayMay 2, 2024 207 1

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