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

Investment

84 Results / Page 8 of 10

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Africa

Trucking innovation highlights Africa’s cold storage problem and opportunities

  By Bonface Orucho, via bird story agency   A new, sustainable method of generating electricity to refrigerate trucks has been introduced into the African cold storage market. As reported by Creamer Media’s Engineering News, Global logistics company DP World partnered with food and clothing retailer Woolworths to unveil a mobile refrigeration trailer in South Africa powered by AxlePower technology. According to Engineering News, the project's AxlePower technology “transforms ordinary […]

todayFebruary 9, 2024 19

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Business / Economics

Investment in African women-founded and led startups remains a bright spot in a global ecosystem drained of funding.

      By Conrad Onyango, via bird story agency   Africa’s women-led startups retained their sparkle through 2023, against the backdrop of one of the darkest periods for global startup funding, raising US$200 million, 7% growth over the previous year, according to a report from Africa: The Big Deal. In 2022, these female-founded ventures had grown by 4%. The amount remains significantly lower than the US$ 2.7 billion raised […]

todayFebruary 9, 2024 6

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Lifestyle

Money and ageing: South African study shows cash grants help people live longer and have better memory function

  By Molly Rosenberg, Indiana University; Chodziwadziwa Whiteson Kabudula, University of the Witwatersrand; Kathleen Kahn, University of the Witwatersrand, and Lindsay Kobayashi, University of Michigan   Nearly half of South Africa’s 60 million people receive social grants, ranging from child support to pensions. The grants are designed to provide financial assistance to people living in poverty. The largest components of the South African social grant system were introduced, or expanded […]

todayFebruary 7, 2024 8

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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 […]

todayJanuary 23, 2024 325

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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.

todayJanuary 16, 2024 45

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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 […]

todayJanuary 16, 2024 24

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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 […]

todayJanuary 11, 2024 16

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