On December 5, 2023, the African Development Bank Group’s Board of Directors approved a grant of USD 33.25 million to Mozambique. This grant, originating from the Transition Support Facility, is aimed at enhancing the reliability and security of Mozamb…
United Arab Emirates – The UN’s Climate Summit, COP28, commenced in the UAE with significant developments in climate justice. The first day saw substantial financial commitments to support developing countries through the ‘Loss and Damage Fund’, markin…
New York City – In a significant move, Google has begun the process of removing personal accounts considered inactive as of December 2023. This policy targets accounts not accessed for a minimum of two years, leading to the potential deletion of associ…
Onankali, Oshikoto Region – A 43-year-old man was apprehended on Thursday in Onankali village, Oshikoto Region, for possessing 259 packs of contraband whisky. The Namibian Police Force reported on Friday that the suspect was caught by police on patrol…
2023 is projected to be the year with the highest greenhouse gas emissions ever recorded. The world is expected to emit nearly 59 gigatonnes of carbon-equivalent greenhouse gases, which equates to about 2,000 tonnes per second. On average, each global …
Emerging markets are in dire need of private investment to bridge various finance gaps, including those related to climate and Sustainable Development Goals (SDGs). However, despite growing interest in impact finance, significant investments are not fl…
Hong Kong – At the Hong Kong University of Science and Technology (HKUST), 39 Young Global Leaders (YGLs) from 22 countries convened for an educational module to discuss the role of artificial intelligence (AI) in shaping the future. This gathering, pa…
Oshana Region – The first-ever FNB-NBF 5on5 basketball tournament commenced in the Oshana Region on Friday, featuring 17 teams, including 11 male and six female teams. Oshana Governor Elia Irimari opened the tournament at the Caribbean recreation park…
Shimpanda, Kavango East Region – A 24-year-old woman, Justina Kapango Mudumbi, tragically lost her life after being struck by lightning in Shimpanda village in the Kavango East Region on Thursday. The incident occurred around 17h00, as confirmed by th…
Windhoek – The Bank of Namibia has forecasted a 3.9 percent growth in the domestic economy for the current year, with a slight deceleration expected in 2023 and 2024. The economic outlook update for December by the Bank of Namibia indicates a slow gro…