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Africa / Page 2
Manufacturing Sector Faces Competitiveness Challenges … incentives set to expire by December 2025
By: Justicia Shipena The abolishment of export incentives that favoured companies manufacturing goods in Namibia poses a serious threat to the country’s competitiveness, according to the Namibia Investment Promotion and Development Board (NIPDB). NIPDB Chief Executive Officer, Nangula Uaandja highlighted these concerns during an interview with Eagle FM at the Namibia Green Hydrogen […]
Borders Closed for 10 Fresh Produce Items in October
By: Loise Shiimi Namibia’s horticultural sector continues to meet local demand for various fruits and vegetables, leading to the closure of borders for the importation of 10 out of the 20 products on the special controlled products list from 1 to 31 October. In a notice issued on 24 September by the Namibian […]
Drought Exposes Namibia’s Hydro Dependence
By: Nghiinomenwa-Vali Erastus Namibia imported 331,071 MWh of electricity in August 2024 as local power generation plummeted due to drought conditions, exposing the country’s heavy reliance on hydropower. Several southern African countries, including Namibia, Zambia, and Zimbabwe, are grappling with the consequences of their dependence on hydropower for electricity. Namibia generates over 75% […]
Namibia Hosts CAF African Schools Championship COSAFA Qualifiers
By: Hee-Dee Walenga Namibia hosted the Council of Southern Africa Football Associations (COSAFA) Qualifiers for the Confederation of African Football (CAF) African Schools Championship at Jan Wilken Stadium in Walvis Bay over the weekend. The tournament, aimed at fostering youth football development, featured U15 boys’ and girls’ teams from Namibia, Malawi, Zimbabwe, Zambia, […]
65% of Namibian Pork Imports Came from Germany in August
By: Nghiinomenwa-vali Erastus Namibia imported 724,174 kg of pork, primarily in the form of offal, processed, and fresh pork, to supplement local production last month. This was revealed by the Namibia Livestock and Livestock Product Board (LLPB) in its monthly statistics and commentary report for August 2024, released last week. According to the […]
Current Laws Lack Clarity on Green Hydrogen Definition – Alweendo … minister warns of potential hurdles in global markets without standardisation
By: Justicia Shipena – New York, USA Mines and Energy Minister Tom Alweendo has emphasised the urgent need for specific legislation to regulate the growing green hydrogen industry. Speaking at the Namibia Green Hydrogen Forum in New York, Alweendo said the current legal framework lacks clear definitions for green hydrogen, a gap that […]
Namcor Repays Half of N$1,1 Billion Debt
By: Staff writer Namcor says it has spent N$550 million to settle some of its N$1,1 billion debt to international oil seller Gunvor. This comes after the company received a N$1.2 billion lifeline from state coffers. Namcor said the bailout helped it restore its financial credibility and strengthen relationships with trading partners. In […]
Trapped or Flourishing In SACU- The Namibian Dilemma
By: Nghiinomenwa-vali Erastus An analysis of Namibian trade statistics within Africa over the past five years reveals that approximately 71% of the country’s trade (both imports and exports) is concentrated within the Southern African Customs Union (SACU). This highlights a lack of diversification away from SACU — a customs union of five member […]
Shapwanale, Jacobs Appointed to NYE Advisory Board
By: Staff Writer The Namibia Youth Energy Forum (NYEF) has appointed Ndapewoshali Shapwanale and Lydia Mutindi Jacobs to its Advisory Board. Jacobs has 12 years of experience in law reform, policy development, and a strong focus on the energy sector. She brings a wealth of expertise that is expected to enhance the Forum’s mission […]
Southern African Bank to Fund Lobito Railway Corridor…initiative to challenge Namibia’s ambition to become Africa’s gateway
By: Nghiinomenwa-vali Erastus The Lobito Corridor Railway Project, which will connect the town of Lobito in Angola and its under-construction oil refinery to DRC, has secured US$200 million (N$3,5 billion) in funding. The funding will come from the Development Bank of Southern Africa (DBSA) and the U.S. International Development Finance Corporation (DFC). According […]