The Ministry of Industries, Mines and Energy (MIME) has reaffirmed its commitment to accelerating Namibia's industrial development, noting progress on key national programmes and outlining new measures aimed at boosting investment, manufacturing capacity and small and medium-sized enterprises (SME) growth.
The Minister of International Relations and Trade, Selma Ashipala-Musavyi, has urged Namibia to identify products and sectors where it holds a competitive advantage for export growth as the country explores the opportunities within the African Continental Free Trade Area framework.
The town of Usakos has welcomed the first-ever training centre from the International Training College Lingua, a development expected to transform skills training, boost youth employment, and strengthen economic prospects in the Erongo Region.
Vice President Lucia Witbooi has highlighted the significance of trade fairs, by emphasising that they go beyond buying and selling.
Witbooi shared this during the official opening of the Rundu Annual Trade Fair, noting that trade fairs empower and strengthen regional economic growth.
Namibia has repaid the country's second Eurobond, valued at US$750 million, marking the largest single debt maturity in Namibia's history.
The Minister of International Relations and Trade (MIRT), Selma Ashipala-Musavyi, has called on the business community in the Kunene Region to step out of their comfort zones and take advantage of the region's untapped economic potential, particularly in the mining and tourism sectors.
The southern coastal town of Luderitz is getting a new N$220-million Buchter Village Mall that will boost both its retail and hotel accommodation offerings.
Safland Property Group, in partnership with the Luderitz Town Council, held a ceremony for the construction of the mall.
The Ministry of Industries, Mines and Energy has introduced various initiatives aimed at supporting micro-, small-, and medium enterprises (MSMEs) and enhancing economic participation across Namibia.
The European Union has reaffirmed its commitment to supporting Namibia's green industrial agenda.
The EU's Commissioner of International Partnerships said that to achieve this, the EU is committing 1 billion euros in support of Namibia's green industrialisation agenda.
Debmarine Namibia launched a next-generation crawler designed to increase diamond recovery production by 20%.
Two crawlers, valued at N$1.1 billion, were unveiled at the Sturrock Dry Dock in Cape Town, South Africa, earlier this week.
