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Emerging Africa Infrastructure Fund plans to raise as much as US$500 million over the next three years to invest in infrastructure projects on the continent.

The Hartlief Group,  a subsidiary of the Ohlthaver & List (O&L) Group and the Namibia Food and Allied Workers Union (NAFAU) has signed a one year substantive agreement, taking effect on 1 July 2022.

TransNamib says it is disposing its non-core properties around the country as it seeks to raise at least N$2.5 billion needed for the implementation of its turnaround plan.

Trevali Mining has suspended the planned expansion of its Rosh Pinah mine after defaulting on a N$124.4 million (US$7.5 million) revolving credit facility repayment.

The City of Windhoek (CoW) is working on new policy frameworks which will result in the capital city creating mixed-use developments and increasing informal trading spaces.

Namibia is set to undergo a country corruption review by the United Nations Convention Against Corruption (UNCAC).

Cheetah Cement has been ordered to cease night operations due to inadequate lighting at its mining area by the Ministry of Labour, Industrial Relations and Employment Creation.

The Democratic Republic of Congo has banned some telecommunications executives from leaving the country after they resisted paying a new tax on the industry, according to people familiar with the matter.

China will forgive 23 loans for 17 African nations, China’s foreign minister Wang Yi has announced.

The Fourth Industrial Revolution (4IR) Task Force officially handed its country readiness report to President Hage Geingob on Monday.

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