The latest Informal Cross-Border Trade Survey from November 2023 reveals a significant trade surplus of N$7.9 million, with exports totaling N$9 million and imports at N$1.2 million. The exchange of goods across four Namibian border posts, outside formal trade channels, plays a pivotal but often overlooked role in the country’s economy, according to Alex Shimuafeni, […]
The 7th African Tourism Leadership Forum and Awards Summit underway in Botswana’s capital, Gaborone, which focused on tourism development across Africa, noted key actions to be taken and implemented because they have the potential to improve the tourism industry on the continent. The market, product, people, accessibility, and business support were agreed upon by participants […]
The Arandis Town Council has revealed a new four-year strategic plan that focuses on joint venture participation, green hydrogen, and industrialisation. The new plan will also continue to improve support services and logistics in the town. The town council launched the 2024-2029 strategic plan at Swakopmund, and the blueprint is expected to guide Arandis to […]
Commuters between Windhoek and Okahandja are in for a treat with the opening of the A1 dual carriage road, which opened to traffic today. Late last year, the Roads Authority opened a section from Omakunde to Okahandja for traffic as work continued on the dual carriage road. With the entire freeway nearing completion, motorists can […]
President Nangolo Mbumba says Namibia wants to work closely with China in the development of energy, including green hydrogen, solar, hydro, wind, and nuclear energy. President Mbumba held a bilateral meeting with his Chinese counterpart, Xi Jinping, at the Great Hall of the People. Dr. Mbumba outlined Namibia’s goal to set up infrastructure, including a […]
China has pledged to avail more than N$50.7 billion to finance mega-projects in Africa over the next three years. This is part of the ten partnership actions unveiled by the Chinese government to scale up and deepen cooperation between the continent and China. The announcement was made by President Xi Jinping during the opening of […]
Job creation, capital investment, infrastructure development and collaborations in green hydrogen are top conversations at the Global African Hydrogen Summit. The Summit started in Windhoek, Namibia on Wednesday. The first of its kind, the summit attracted about a thousand global leaders and industry players. The Summit will unlock the full potential of the hydrogen opportunity […]
China has pledged to avail more than US$50.7 billion to finance mega-projects in Africa over the next three years. Chinese President Xi Jinping announced the financial and other new measures for deeper cooperation during the opening of the Forum on China-Africa Cooperation (FOCAC) Summit at the Great Hall of the People. President Xi said the […]
Potential collaboration by Namibian and Chinese businesses in finance, ICT, real estate, and mining is gaining momentum at the ongoing Namibia-China High-Level Business Forum. This is after President Nangolo Mbumba announced that the government will launch the Namibia Trade Policy to enhance economic sector competitiveness.
Major road infrastructure development in the ||Kharas and Hardap regions is on the cards, with some plans for the envisaged road upgrades already being designed. Roads Authority Chief Executive Officer Dr. Conrad Lutombi revealed this at the official inauguration of the Tses to !Gochas section trunk road runs onto the B1 road between Keetmanshoop and […]
