Canadian gold mining firm Osino Resources is set to make a significant contribution to the Namibian economy with its Twin Hills Gold project, injecting an estimated N$634 million in foreign direct investment. The mining firm anticipates the mine to commence production towards the latter part of 2025 or the beginning of 2026. Outlined in the...
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AfDB, partners inject $1bn to fund Nigeria’s SAPZs
African Development Bank (AfDB), Islamic Development Bank (IsDB) and the International Fund for Agricultural Development have voted $1billion to deliver Special Agro-industrial Processing Zones (SAPZs) across 24 states in Nigeria. This is in addition to an initial $520 million voted by the development partners for the development of eight SAPZs projects in the country. President...
Telecom to inject N$25 million into onboarding trainee programme
By Clifton Movirongo. Telecom Namibia recently disclosed at its onboarding of interns, graduates, and apprentices event that it plans to invest roughly N$25 million into its onboarding of trainees, a two-fold process intended to reduce unemployment by creating job opportunities for up to 83 young Namibians. To address succession in mission-critical positions like electricians, technicians,...