The Deon Hotto Foundation recently received a major boost, securing over N$300 000 to assist with the completion of various sport facilities. In a statement released by the foundation, it revealed that they have partnered with Walvis Bay-based company GAC Investments CC. The foundation stated that representatives of GAC Investments travelled to Johannesburg, South Africa,...
To bridge the funding gap faced by Namibian cleantech entrepreneurs, a crucial session was recently hosted. The event was titled ‘Fundraising 101 for Namibian Cleantech Entrepreneurs: An Introductory Session on How to Find Funding for Startups’. The event, organised by the Environmental Investment Fund of Namibia (EIF), Co- Creation Hub (CcHUB), the United Nations Industrial...
The African Development Bank Group has pledged US$2 billion over 10 years towards clean cooking solutions in Africa. The pledge represents an important contribution to the US$4 billion per year needed to allow African families to have access to clean cooking by 2030. “Why should anybody have to die just for trying to cook a...
Chief Santos Football Club (CSFC) signed an agreement on Wednesday with Consolidated Copper Corporation (CCC), a leading mining company in Namibia. Under the new agreement, CCC will serve as the primary sponsor for CSFC. Branding will be featured at match weekends on the club’s jerseys and across club materials. The stadium will be renamed CCC...
The Bank of Namibia, in collaboration with the Alliance for Financial Inclusion (AFI), have teamed up to co-host the AFI Global Policy Forum (GPF) in September 2025 in Namibia. This forum is expected to convene international thought leaders, policymakers and regulators to propel financial inclusion to the forefront of the global agenda. This is in...
The Development Bank of Namibia (DBN) has announced the return of its prestigious Innovation Award after a five-year hiatus, reaffirming a commitment to fostering innovation and economic development. Commenting on the resurgence of the awards, DBN spokesperson Jerome Mutumba revealed that this year’s winning project will receive a funding boost of N$400 000. He highlighted...
Drikus Coetzee and Anri Greef took top honours last Sunday, as they delivered solid performances to claim victory in the elite men’s and women’s Nedbank Windhoek Power Pedal (WPP) Race Series 3 at Döbra Loops in Windhoek. In the men’s competition, Coetzee claimed first place after clocking 02:19:55, with Roger Suren following in second with...
Following the recent light oil discoveries offshore in the Orange Basin, the National Petroleum Corporation of Namibia (Namcor) has seen increasing interest from potential upstream oil and gas investors. To service its clients, Namcor continues to host data rooms for clients to assess and evaluate non-proprietary exploration datasets for potential farm-in opportunities with existing acreage...
The Bank Windhoek Namibia Aquatic Sports Federation’s (NASFED) third Long Course Gala set new swimming records. Over 200 athletes competed in 41 swimming events held over the past weekend. The Gala was hosted simultaneously in three towns: at Olympia Swimming Pool in Windhoek, The Water Cube Swimming Pool in Swakopmund and Sand Sharks Swimming Pool...
Global financial advisory giant, deVere Group, issued a stark warning to investors to prepare for significant turbulence as the Federal Reserve may find itself at odds with the economic consequences of President Trump’s fiscal policies. Growing inflationary pressures are likely to reappear, and the Fed’s potential response could signal a seismic shift in financial markets....