Category: Africa
African Ports Missing Out on Surge in Conflict-Avoiding Ship Traffic
By: Staff Writer Logistics experts have highlighted that African ports, including those in Namibia, are failing to capitalise on the increased ship traffic steering clear of attacks by Houthi rebels in the Red Sea. The continent’s inefficient and…
Kavango East Villages Prone to Human-Wildlife Conflict Get Boreholes
By: Annakleta Haikera The Ministry of Agriculture, Water, and Land Reform has completed the drilling of 21 boreholes in villages prone to crocodile attacks in the Kavango East regions. This initiative responds to the critical water situation, particularly in villages…
Hyphen Gets N$95 Million Funding For Green Hydrogen
By: Justicia Shipena Hyphen, the company piloting the development of green hydrogen in Namibia has secured funding amounting to about N$95 million to propel engineering, environmental, and socioeconomic development initiatives associated with its projects. This followed the finalisation of a…
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…