Trustco Group Holdings Limited has announced that Riskowitz Value Fund (RVF), a US-based fund, has entered into a six-month non-exclusive agreement to invest up to N$1.9 billion of hybrid capital into Trustco. “RVF’s proven track record and in-depth understanding of global markets make them a valuable asset as we explore strategic investment opportunities,” said Quinton...
Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany marks “World Art Day 2024” through their pan African Community of “Art and Fashion with Purpose”, established by Senator Dr. Rasha Kelej, CEO of Merck Foundation to raise awareness about sensitive health and social issues in Africa and beyond. Senator, Dr. Rasha Kelej, CEO of...
Niël Terblanché The Namibian Ports Authority (Namport) has signed a landmark agreement with Africa Global Logistics (AGL) to oversee the operations of the bulk terminal in the strategic Port of Walvis Bay. This long-anticipated partnership formalized on 20 March 2024, announces a new era of trade facilitation and economic growth for Namibia and the broader...
Taking a pivotal step in community support for Maltese children battling cancer Deriv’s Carnival party for children with cancer A carnival party held on 12 February by Deriv creating positive experiences for children with cancer. QAWRA, Malta, March 28, 2024 (GLOBE NEWSWIRE) — In a significant step to support Maltese children with cancer, Deriv, a...
President Nangolo Mbumba says Namibia’s partnership with the European Union (EU) is not just over the natural resources but also the bond created that serves as a motivation to succeed in implementing agreements. In 2022, Namibia and the European Union signed an agreement to develop a strategic and detailed hydrogen roadmap as well as identify...
Home African Development Bank and DBN discuss partnership March 26, 2024 The African Development Bank’s (AfDB) Dr João L. Ngimbi, Executive Director of Southern Africa GroupII Constituency, visited the Development Bank of Namibia (DBN) as part of his consultation mission toNamibia. The objective of the mission is to, amongst others, provide and update on recent...
Avaya selects Zoom‘s AI-powered collaboration platform, Zoom Workplace, to integrate with Avaya’s Communication and Collaboration Suite to help enterprises reimagine teamwork SAN JOSE, Calif. and MORRISTOWN, N.J., March 25, 2024 (GLOBE NEWSWIRE) — Today, Zoom and Avaya announced a strategic partnership designed to deliver enhanced collaboration experiences to global enterprises. As part of the partnership,...
The African Development Bank’s (AfDB) Dr João L. Ngimbi, Executive Director of Southern Africa Group II Constituency, visited the Development Bank of Namibia (DBN) as part of his consultation mission to Namibia. The objective of the mission is to, amongst others, provide and update on recent developments at the AfDB and to engage with member...
Germany and Namibia inked an agreement supporting the Green Hydrogen Namibia Programme—a newly established Namibian green hydrogen organization—in constructing local H2 value chains that benefit the local population, developing a national green industrialization strategy, and conducting environmental impact assessments for green hydrogen projects in Namibia. The agreement, signed by Federal Minister for Economic Affairs Robert...
German Federal Minister of Economics Robert Habeck and Namibia’s Energy Minister Tom Alweendo have agreed to deepen the two countries’ existing hydrogen partnership. According to the German Federal Ministry for Economic Affairs and Climate Protection (BMWK), the ministers signed an agreement to support the Green Hydrogen Namibia Program, the new Namibian organization for green hydrogen,...