The country’s trade balance experienced a deficit of N$4.5 billion, during October, Namibia Statistics Agency (NSA) Statistician General, Alex Shimuafeni revealed in the latest trade statistics released on Tuesday. This figure marks an increase compared to the N$3.3 billion recorded in September 2023 and the N$2.2 billion deficit noted in October 2022. According to Shimuafeni,...
November 15, 2024
Tag: N4.5
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Oryx to expand portfolio to N$4.5 billion – Windhoek Observer
Chamwe Kaira Oryx Properties plans to expand its property portfolio from N$3bn to N$4.5bn by 2025. In addition, it will considerably diversify their portfolio in relation to existing concentration. Oryx recently partnered with RMB Namibia on landmark acquisition of Dunes Mall acquisition of Dunes Mall in Walvis Bay, in a landmark transaction worth N$630 million....
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Africa’s first hybrid green hydrogen project worth N$4.5 billion on the cards near Swakop
By Adolf Kaure. International energy company, Hydrogen Development Federation (HDF) Energy’s Director for Southern and Eastern Africa, Nicolas Lecomte has announced that the first large scale green hydrogen project in Africa will be contructed on the outskirts of Swakopmund at an investment cost of N$4.5 billion, during a Swakopmund Business Forum engagement last Wednesday. The...