Gaborone — The beneficiation of diamonds and other minerals to add value, generate jobs and increase revenue, is the next point of growth for Botswana and other African countries’ economies. President Dr Mokgweetsi Masisi said this when delivering his keynote address at the US-Africa Business Summit held at the Royal Aria Convention Centre in Tlokweng. […]
Tag: Investment
The Namibia Investment Promotion and Development Board is pleased to announce Namibia’s participation at the US-Africa Business Summit, set to take place in Botswana from 11 – 14 July 2023. A high-level delegation led by the Vice President H.E. Dr. Nangolo Mbumba will be representing Namibia to highlight investment opportunities in the country’s energy and […]
No fewer than 28 states have failed to attract foreign investments as the value of capital importation into Nigeria grew by 6.78 percent in the first quarter of 2023. This development was captured in a report released by the National Bureau of Statistics (NBS). According to the NBS, the total capital imported stood at $1.13 […]
Cape Town — Newly-released statistics from the United Nations agency responsible for promoting economic growth in developing countries show a substantial increase in investment in new projects in Africa in 2022. At the same time the agency is calling for action to help developing countries to transition to clean energy. The UN Conference on Trade […]
Top government projects in Seychelles, which include a multi-storey car park and a facelift of the Regatta site at Beau Vallon and a waterfront in the capital Victoria, are on track, said a top official. The announcement was made by the Minister for Investment, Entrepreneurship and Industry, Devika Vidot, on Friday after meeting with representatives […]
Nkurenkuru — Nkurenkuru mayor Jafet Muti has called on investors to consider investing Nkurenkru as the region’s one urban centre. The mayor said Nkurenkuru has an abundance of investments that investors can look into. Muti recently spoke to New Era on the sidelines of the just-ended Expo, held at the town from 26 June to […]
The Namibia Investment Promotion and Development Board (NIPDB) represented Namibia at the 3rd China-Africa Economic and Trade Expo (CAETE) in Changsha City, Hunan Province – China, hosted under the theme “Common Development for a Shared Future”. On the side-lines of the CAETE, Namibia hosted a Namibia-China Economic and Trade Cooperation Opportunities Forum on 1 July […]
The United State government has said President Bola Ahmed Tinubu has made a strong start to his tenure and his policies have the potentials to attract foreign direct investment. Ambassador Geoffrey Pyatt, the Assistant Secretary, Bureau of Energy Resources, United States made the disclosure when he led a US delegation to the Nigerian National Petroleum […]
The land of the brave was this week selected to host the Africa Hospitality Investment Forum (AHIF) in 2024. AHIF is the leading hospitality investment conference that connects business leaders from the international and local markets, driving investment into tourism projects, infrastructure and hotel development across Africa. Executive director of strategy and branding at the […]
DAKAR — The Institut Pasteur de Dakar (IPD) and the Mastercard Foundation have announced a historic $45 million partnership named MADIBA (Manufacturing in Africa for Disease Immunization and Building Autonomy), a significant step towards achieving vaccine manufacturing autonomy in Africa. The multi-year project, aimed at developing and building a world-class workforce to support vaccine manufacturing, […]
Africa’s plans to build capacity to respond to future pandemics has received a major boost after the Council for Scientific and Industrial Research (CSIR) received an investment worth $4 458 033 (R80 million) from the Bill & Melinda Gates Foundation to drive skills and health innovation. The investment, which seeks to strengthen Africa’s biomanufacturing capability […]
Addis Ababa, Ethiopia — The Mastercard Foundation and First Consult have announced the Micro, Small, and Medium Enterprise Recovery and Resilience (“MESMER”) Program to support 72,200 informal, start-up, and formal enterprises. The program will also create 410,800 jobs within enterprises by building the resilience and growth prospects of MSMEs through access to finance, business development, […]
The 6th Mining On Top Africa (MOTA) conference taking place at The Westin Paris – Vendome in the French capital on July 12th and 13th, 2023, is set to feature some of Africa’s most important players in mining. The event, which serves as a strategic forum for key stakeholders across Europe to connect with mineral and […]
As the lead investment promotion agency in Namibia, the Namibia Investment Promotion and Development Board (NIPDB) aims to attract and retain sustainable investment for the private sector–led and inclusive economic growth for Namibia. For that reason, the NIPDB has coordinated the country’s participation in the Annual Investment Meeting (AIM) 2023, taking place from 8 May […]
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Namibia Welcomes First Digital Nomads
Namibia officially recorded her first digital nomads just five months after the official launch of the country’s Digital Nomad Visa (DNV) on 11 October 2022. The programme was launched by the Ministry of Home Affairs, Immigration and Security (MHAISS) and the Namibia Investment Promotion and Development Board (NIPDB), with the aim of enhancing economic activity […]
Washington, DC — Professor Kingsley Moghalu. the President of the Institute for Governance and Economic Transformation (IGET) and former Deputy Governor of the Central Bank of Nigeria, will deliver the 30th Anniversary Founders’ Day Lecture of the African Export-Import Bank (Afreximbank) at the Bank’s Headquarters in Cairo, Egypt, on May 8, 2023, at the Bank’s […]
Addis Ababa, Ethiopia — Today, the National Bank of Ethiopia, together with the International Financial Corporation (IFC), Financial Sector Deepening-Ethiopia (FSD-Ethiopia), Kifiya Financial Technology, and the Mastercard Foundation participated in a second knowledge series entitled “Data-Driven MSME Digital Lending for an Inclusive Economy.” The knowledge series aims to: Bridge the knowledge gap in uncollateralized […]
Gudie Leisure Farm (GLF), a social enterprise has organized a business symposium in which it will cast light on investment opportunities in Southwestern Uganda. Dubbed the Southwestern Region Spotlight, the symposium will run between May, 7 and 8 2023 at at Gudie Leisure Farm headquarters in Najeera II, Kira Municipality, Wakiso district. “The south western […]