The African Development Bank Group has taken a significant step forward in its fight against corruption and financial crime by signing a Letter of Intent with the International Criminal Police Organisation (Interpol) last week. The bank group is the first multilateral development bank to establish such a collaboration with Interpol. The Letter of Intent was...
In support of local sports, Bank Windhoek has injected N$460 000 into the Namibia Volleyball Federation (NVF). Marking over a decade of partnership between the two entities, the sponsorship will strengthen grassroots development and lay the foundation for a stronger national volleyball team. NVF vice president Liina Mattheus stressed the importance of nurturing young talent...
The Chery Tiggo 9 has excelled in a recent Euro NCAP (European New Car Assessment Programme) safety test, reinforcing the premium Sports Utility Vehicle’s safety credentials and engineering integrity. The side- mobile barrier test is one of the most challenging, with a deformable barrier (mounted on a troller) driven into the side of the vehicle...
Pupkewitz Haval has unveiled the much-awaited H7, which is aimed squarely at adventure-seekers. The new H7 has debuted in Namibia with a three-pronged line-up. Starting at about N$606 000 for the entry-level H7 to approximately N$744 000 for the top of the range, the Haval H7 delivers next-level performance with its range of cutting-edge engine...
In partnership with Rent-a-Drum, Capricorn Group promotes sustainability by launching its 4R Sustainability Campaign. Initiated at the beginning of the year, the campaign stresses the principles of rethink, reduce, reuse and recycle. It encourages people to choose wisely when handling their office and household waste. Through this initiative, Capricorn Group employees actively participate in activities...
The Rossing Foundation recently handed over a full scholarship valued at N$200 000 to a visually- impaired second-year Namibia University of Science and Technology (NUST) student, Amy Andrew. The scholarship, which includes tuition fees, a laptop with the required software, custom bioptic telescope glasses with a portable magnifier and an internship, underscores the foundation’s commitment...
The Critical Minerals Africa Group (CMAG), the advocacy group seeking to foster deeper relations between Africa and global markets, and put Africa at the heart of international discussions surrounding critical mineral’s policy, is proud to have co-hosted a side-event with the Africa Finance Corporation at the Investing in African Mining Indaba in Cape Town. Chaired...
Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according to the 2025 Macroeconomic Performance and Outlook (MEO) report released by the African Development Bank on Friday. The report, unveiled on the sidelines of the 38th Ordinary Session of the African Union Assembly in Addis Ababa, projects real GDP growth...
United Arab Emirates’ (UAE) clean energy leader Masdar, the decarbonisation arm of 2PointZero EPointZero and TotalEnergies, have signed a Framework for Action (FFA). The agreement will drive access to clean energy in emerging markets and developing economies in Africa and Asia. 2PointZero is a transformational global investment platform. The agreement follows UAE president Sheikh Mohamed...
On the sidelines of the 38th African Union Summit, African leaders discussed obstacles to the continent’s economic integration, underscoring visa-free movement to reduce illegal migration and strengthen official travel channels. The high-level dialogue, convened by the African Development Bank Group and the African Union Commission alongside the AU Summit, brought together trade ministers and business...