Category: Africa
Kelp Blue Pioneers Africa’s First Blue Bonds
By: Justicia Shipena Namibian kelp farmers, Kelp Blue, are set to become the first issuer of blue bonds in Namibia and Africa. The groundbreaking initiative was unveiled at the Namibian pavilion during COP28, marking a significant step towards financing investments…
Namibia’s SACU Membership Under Scrutiny Amidst Geingob’s Critique
By: Justicia Shipena In the aftermath of President Hage Geingob’s recent critique of the Southern African Customs Union (SACU) restrictions, questions have arisen about Namibia’s commitment to the partnership. Economist Omu Kakujaha-Matundu emphasises the necessity of a thorough evaluation before…
Is Manufacturing Still the Key to African Prosperity?
By: Dwight Links Africa’s journey toward development and growth is taking an unconventional turn, deviating from the traditional path of transitioning from agriculture to manufacturing. A recent report by the Center for Global Development (CGD), a think tank based in…
Urgent Diversification Needed to Reduce SACU Revenue Dependency
By: Nghiinomenwa-vali Erastus Minister of Finance, Iipumbu Shiimi, has issued a stark call to fellow policy makers emphasising the need for Namibia to adopt a more aggressive approach to diversification to reduce its dependency on SACU for revenue. Relying on…
Kenya to Scrap Visa for African Visitors
By: Nghiinomenwa-vali Erastus Kenya is set to eliminate visa requirements for all African visitors by the end of this year, a move meant to improve the country’s trade relations with other nations. This decision, announced by President William Ruto at…
Gabon, Niger, CAR, and Uganda to Be Removed from AGOA … African Leaders Contemplate AfCFTA
By: Nghiinomenwa-vali Erastus The President of the United States of America, Joe Biden, has announced his intention to terminate the participation of Gabon, Niger, Uganda, and the Central African Republic in the African Growth and Opportunity Act (AGOA) trade program….
Geingob Wants African States to Unite and Create an Integrated Energy Market
By: Justicia Shipena PRESIDENT Hage Geingob has urged African countries to work together more to create a unified energy market. According to Geingob, a healthy and strong energy mix is necessary to grow African economies and fulfil the needs of…
ReconAfrica Exploration Campaign Set To Start Later This Year
By: Justicia Shipena ReconAfrica, a Canadian oil and gas firm, will begin drilling for additional wells later this year. This follows after the Office of the Environmental Commissioner in the Ministry of Environment, Forestry and Tourism granted ReconAfrica an…
32% of Women Experienced Physical Violence From Intimate Partners
By: Nghiinomenwa-vali Erastus The United Nations Population Fund (UNFPA) has revealed 32% of Namibian women, between the ages of 15 and 49, reported experiencing physical violence from an intimate partner at some point in their lives. This was said…
Namibia And The World At The Mercy Of Saudi’s Daily Barrel
By: Nghiinomenwa-vali Erastus Saudi Arabia, one of the world’s biggest crude oil producers, has pledged a new voluntary oil output cut of 1 million barrels per day for July, which could be extended further, its energy ministry said. At about…