Namibia and Singapore are looking to deepen their economic ties, with both countries set to explore new areas of cooperation while strengthening existing trade relations.

The Namibian Investment Promotion and Development Board (NIPBD), in collaboration with Konrad Adenauer Stiftung, (KAS), held consultations with micro, small and medium entrepreneurs (MSMEs) in Keetmanshoop. 

The founder of Katutura Business Networking Sessions, Maggy Ketji, has brought financial institutions and local business communities together to network.

Ketji notes that Small and Medium Enterprises (SMEs) in Katutura are underserved, and hence, they need to be empowered.

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.

21 youth in business from the |Khomas Region's Windhoek West Constituency received income-generating equipment worth N$277,000.

The equipment aims to enhance their business and make income generation easier for them.

Local entrepreneurs who attended the Ministry of International Relations and Trade's regional engagements at Rundu described it as crucial and long overdue. 

The engagement provided a platform for the local business community to give input on how to harness the potential of the Kavango East region. 

The Namibia Investment Promotion and Development Board (NIPDB) has signed a cooperation agreement with the Namibia Standards Institute (NSI) aimed at improving standardisation, market readiness of Namibian products, and easing the way of doing business.