Namibia Hydrogen Fund Managers (Pty) Limited received a grant of N$19 million (US$1 million) to support the N$22 billion (US$1,15 billion) Sustainable Development Goals (SDG) Namibia One Fund. This grant was given to Namibia Hydrogen Fund Managers (Pty) Limited by the United States (US) government, through the USAID Mobilising Investment project. “In the global race...
Tag: N19
U.S. boosts Namibian Hydrogen Fund with N$19 million grant
Staff Reporter THE United States (U.S.) government has granted N$19 million to Namibia Hydrogen Fund Managers (Pty) Limited to support the N$22 billion Sustainable Development Goals (SDG) Namibia One Fund. The SDG Namibia One Fund, launched during the United Nations Climate Change Conference COP-27 in November 2022, serves as Namibia’s exclusive finance mechanism for green...
USAID grants N$19 Million to Namibian hydrogen fund – 99FM
The U.S. government, through the USAID Mobilizing Investment project, announced a grant of N$19 million (US$1 million) to Namibia Hydrogen Fund Managers (Pty) Limited to support the N$22 billion (US$1.15 billion) Sustainable Development Goals (SDG) Namibia One Fund. Launched at the United Nations Climate Change Conference COP-27 in November 2022, the SDG Namibia One Fund...
Truck driver caught with N$1,9 million worth of mandrax
The Namibia Revenue Agency (Namra) last week intercepted a consignment of a Namibian truck allegedly transporting mandrax tablets worth N$1,9 million. Namra spokesperson Tonateni Shidhudhu said the driver is a frequent traveller across the border. The driver was apprehended while returning from South Africa and the suspected illegal substances were discovered following scanning by officials,...
Namibia Airports Company emerges from loss-making position and records N$19 million profit
Business Reporter THE Namibia Airports Company (NAC), during its Annual General Meeting (AGM) held this past week, announced that the company has made a positive turnaround, recording a profit of N$19 million in 2023, from a loss-making position of N$93,697,664 recorded in 2022. The NAC has navigated through tough economic headwinds and is gradually returning...
Resurgent NAC records N$19 million profit – Business Express
…turns-around after making a loss of N$93 million in the previous year The Namibia Airports Company (NAC) has announced that it recorded a profit of N$19 million in the 2022/2023 financial year, this after having endured losses of in excess of N$93 million in the 2022 financial year. The company announced this at its Annual...