In a bid to address the issues surrounding small and medium enterprises (SMEs) in Namibia, Popular Democratic Movement (PDM) MP Maximalliant Katjimune tabled a motion aimed at investigating bottlenecks hindering SME financing in the country. The motion, according to Katjimune, seeks to unlock greater access and economic potential within this vital sector of the economy....
The Development Bank of Namibia (DBN) has engaged its first financing partner with a view to compile the Namibia Climate Change and Development Report, when it met with delegates of the World Bank earlier this month. Development Bank Chief Executive, Dr John Steyler had discussions with three of his former colleagues at the World Bank...
Popular Democratic Movement parliamentarian Maximalliant Katjimune brought the plight of small and medium enterprises (SME) to the fore on Tuesday in the National Assembly when he moved a motion to investigate bottlenecks around SME financing. He said this is an effort to unleash greater access and economic potential for the sector, which plays a crucial...
The Financial Action Task Force (FATF) has greylisted Namibia over concerns about its effectiveness in combating money laundering (ML), terrorist financing (TF), and proliferation financing (PF). The country was greylisted on Friday after being identified as falling short in key areas. Bank of Namibia governor Johannes !Gawaxab says the country had been placed under increased...
The Minister of Finance, Iipumbu Shiimi provided an update this week on Namibia’s strides in combating money laundering and terrorism financing, highlighting significant developments in the nation’s ongoing efforts. Since December 2022, Namibia has been steadfastly working towards meeting the rigorous international standards set by the Eastern and Southern African Anti-Money Laundering Group (ESAAMLG) and...
Amsterdam, Feb. 15, 2024 (GLOBE NEWSWIRE) — STX Group, a leading global firm in environmental commodities trading and climate finance, today announces the financing partnership with BioValue, a major Dutch biomethane producer, for the construction and development of the Groengas Cothen biomethane plant. The new plant adds at least 80GWh of renewable natural gas capacity...
Continued Progress Earns Financing to Accelerate Commercial Growth and Advancing Pipeline Marlton, NJ, Feb. 14, 2024 (GLOBE NEWSWIRE) — Impulse Dynamics plc, a global medical device company dedicated to improving the lives of people with heart failure (HF), is proud to announce that it raised $136 million in financing to accelerate investment in global commercialization,...
Inceptus Energy has secured financing for the University of Namibia (UNAM) N$65 million solar project from the Development Bank of Namibia (DBN) and Old Mutual Namibia. The project, whose construction commenced in Quarter 2 of 2023 and is on track for completion by the end of Quarter 1, 2024, boasts an installed solar PV capacity...
Inceptus Energy, a public-private partnership between Alensy Energy Solutions (Alensy) and Inceptus Holding (Inceptus), the business arm of the University of Namibia (UNAM), has announced the successful financial close with the Development Bank of Namibia (DBN) and Old Mutual Namibia for a groundbreaking solar project at UNAM. This partnership marks a significant milestone in advancing...
Standard Bank Namibia appoints Kerikora Kavari as Manager, Investment Banking (Corporate Financing Solutions) – Business Express Skip to content Facebook Twitter LinkedIn Source link