Africa Energy Corporation of Vancouver, British Columbia, has just acquired a minority interest in a subsidiary of Australia-based Pancontinental Oil & Gas N.L., which happens to hold a 30% interest in an important Petroleum Exploration License offshore the Republic of Namibia.
Namibia Tender and Business News
The winners of the most innovative real estate property developments across sub-Saharan Africa were honored on August 24, at the Africa Property Investment Awards held in Johannesburg.
The Groundbreaking Ceremony for a new "Central Support Structure for Peace Keeping Missions" was held on August 17 at the Osona Military Base near Okahandja, Namibia.
The Stanford Graduate School of Business just announced a new three-year partnersnip with De Beers Group to empower young entrepreneurs and owners of established businesses in Botswana, Namibia, and South Africa through two new educational programs launching in 2018.
The fall army worm has expanded so rapidly in southern Africa that its presence is behind a cut in this year's regional maize harvest forecast by up to 10 percent. A new multi-part plan to increase surveillance and research to contain the worm may help push back the agricultural menace.
The new 56.4 kWh ground mounted off-grid photovoltaic solar system located at the Palmwag Base Station of 'Save the Rhino Trust' in Namibia was formally unveiled on June 8.
A special course was recently held on Industrial Policy in Africa, for civil servants from 20 African countries. Its goal was to strengthen the group's capacity in designing, implementing, monitoring and evaluating appropriate strategies to facilitate the structural transformation of the continent’s economies.
In a move to help drive entrepreneurship in the country, the first Namibia Start-Up Festival will be held from June 9-10 at the Warehouse Theater in Windhoek.
The Namibia Economic Governance and Competitiveness Support Program (EGCSP), considered a key part of the country's economic growth plan, just received a loan of US $226.5 million (ZAR 3 billion) from the African Development Bank.
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
A German military cargo plane will delivering spare truck supplies for the German Advisory Group based in Namibia.
The DHPS Gymnasium in Namibia is getting a major remodeling and expansion, thanks to a 1.2 million EURO (17 Million NAD) financial contribution from the Federal Republic of Germany.
An outbreak of the fall armyworm, a pest transported to Africa from the Americas and only discovered for the first time in Africa in San Tome and Principe in January 2016, is spreading rapidly in southern Africa and causing major crop damage in some countries.
A grant was just released by the African Water Facility (AWF) to create a Climate Resilient Water Resources Investment Strategy and Multipurpose Project for the Orange-Senqu River Basin. This will serve the countries of South Africa, Namibia, Lesotha and Botswana.
African countries which implement the TIR Convention rules can significantly reduce the costs of trade in southern and eastern Africa, saving billions of dollars and increasing GDP for African countries. This is according to a new report by the International Road Transport Organization (IRU) (IRU.org), "Transit Costs in East and Southern Africa".
The African Development Bank (AfDB) together with the International Institute of Tropical Agriculture (IITA) is embarking on the initiative “Jobs for Youth in Africa”, aimed to put an end to youth unemployment in the continent by creating 8 million agribusiness jobs within five years.
The international conservation community has taken an important step towards saving African elephants from mass slaughter by voting at a major congress to call on all governments to ban their domestic trade in ivory.
A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.
Many see entrepreneurship as one of the most important contributors to African growth in the near future. To help others succeed in this area, young South African entrepreneur Karabo Songo and others have formed a new Commonwealth Alliance of Young Entrepreneurs - Southern Africa (CAYE-SA) -- to share experiences and help support each other in their business journeys.
As part of the conclusions released after the recent African Parliamentarian's Network on Development Evaluation (APNODE), the participants stressed the need for a combination of law and policy to support development and prevent the exodus of capital from the region.
AfriCar group (at www.africargroup.com) recently launched operations as the first car classifieds network on the continent.
United Nations leaders said today that much more needs to be done to prevent further suffering, strengthen resilience and preserve livelihoods in the wake of El Niño's devastating effects worldwide. Africa was the worst hit, with 40 million of the estimated 60 million affected globally residing in East and Southern Africa.
Increasing economic activity, rapid mobile telecom growth, and increased provider investment are expected to increase Africa's mobile internet traffic by as much as 20 times by the end of the decade.
The United Nations will undertake a major review of progress made in the world’s 48 Least Developed Countries (LDCs) later this month.
As Sub-Saharan Africa grows, so too will everything associated with providing reliable electrical power to a highly diverse customer base. As that happens, electrical metering in general -- and a concept important to the growth of African electrical power distribution, prepaid metering, will both grow rapidly in the coming years.