A look at the Foreign Direct Investment (FDI) momentum leaders in 2024, courtesy of fDiInsights Annual FDI Standouts Watchlist. What does this mean for the everyday countries such as Cambodia, Philippines, Namibia, or Iraq? FDI or Foreign Direct Investment, is a critical economic indicator measuring international investment inflow. For #Namibia, for example, ranking 5th implies […]
Read more »Via The Brief, a report that China is targeting increased trade with Namibia: China says it is committed to increasing trade with Namibia beyond the US$1 billion (N$18 billion) attained last year, through enhanced collaborations in agriculture, aquaculture, tourism and mining. Official statistics show that from January to September 2023, China-Namibia bilateral trade volume reached […]
Read more »Via The Brief, an article on how a delegation from Sierra Leone, on a study visit in Namibia, commended the country’s road network, even dubbing it the ‘Europe of Africa’ due to its road management system: Namibia boasts the best road infrastructure in Africa, consistently ranking first in various reports and surveys. The Sierra Leone […]
Read more »Via Bloomberg, a report on how African ports are benefiting from security threats in the Red Sea: Walvis Bay and Port Louis are good refueling options: Maersk Security threats in Red Sea are forcing ships to round Africa African ports from Namibia to Mauritius are becoming more popular as refueling stops for vessels shunning security […]
Read more »Via Bloomberg, a report on TotalEnergies decision to increase its Namibian development program: CEO says deal is ‘key step’ toward developing Venus discovery Shell and TotalEnergies have made large oil finds off Namibia TotalEnergies SE said lifting its stake in two Namibian oil blocks is a “key step” toward developing the Venus field off the coast […]
Read more »Via Mongabay, commentary on how the rush for ‘clean energy’ minerals in Africa risks repeating harmful extractivist model: The nonprofit Global Witness investigated lithium mining projects in Zimbabwe, the Democratic Republic of Congo, and Namibia, which appear to reproduce the same model of extractivism that has impoverished African countries for centuries. In March, residents of […]
Read more »