China has pledged to avail more than US$50.7 billion to finance mega-projects in Africa over the next three years.

Potential collaboration by Namibian and Chinese businesses in finance, ICT, real estate, and mining is gaining momentum at the ongoing Namibia-China High-Level Business Forum.

The Namibian government plans to launch the Namibia Trade Policy to calibrate economic sector competitiveness.

China’s tech giant, Huawei Technologies, has unveiled the Huawei Namibia ICT Talent Programme for 2024-2025 and the Digital Rural Plus Programme.

The initiatives seek to foster inclusion and cultivate talent in the ICT industries in Namibia.

President Nangolo Mbumba has received courtesy calls from several delegations from Chinese companies in Beijing ahead of the Namibia-China High-Level Business Forum.

The Namibia-China High-Level Business Forum is scheduled to take place on Wednesday.

President Nangolo Mbumba expects an organised programme from the Namibian delegation attending the 9th FOCAC summit, scheduled to start this week.

Dr. Mbumba said this as he arrived in Beijing on Monday evening.

President Nangolo Mbumba has left for Beijing, China, where he will join more than 50 African leaders for the Forum on China-Africa Cooperation (FOCAC).

The Forum was established to promote equal consultation, enhancing understanding and promoting cooperation among member countries.

President Nangolo Mbumba will hold a courtesy meeting with his Chinese counterpart, President Xi Jinping, on the margins of the 9th Forum on China-Africa Cooperation (FOCAC).

FOCAC is scheduled to take place from the 2nd to the 6th of September in Beijing.

Team Namibia is ready and promises to give its all for the 47th World Skills Competition, to be held in Lyon, France, next month. 

President Nangolo Mbumba sent off the team, urging them to be careful in their conduct. 

Trustco Bank Namibia has formally exited commercial banking in Namibia.

Trustco Group Holdings, the holding company of Trustco Bank Namibia, took the decision at a meeting earlier this week, where it was resolved to return its banking license to the Bank of Namibia.