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The Namibia Financial Institutions Supervisory Authority (NAMFISA) has opened its second Fintech Square 2023, a platform where the regulator meets the innovator after formally finalising the development of a Sandbox Framework.

Namibia has reclaimed its number one position in Press Freedom in Africa after coming in second last year, the 2023 World Press Freedom Index shows.

Bank Windhoek financed 185 properties worth N$135 million in the Northern Region of Namibia in 2022.

Minister of Mines and Energy Tom Alweendo says there is renewed viability about the Kudu Gas Project, with the government pushing for it to be developed in collaboration with South Africa.

Kaoko Green Energy Solutions has signed a Memorandum of Understanding (MoU) with a Finnish technology company, AW-Energy, to develop renewable energy from wave energy from the 1,300km long coastline of Namibia. 

Household credit grew by 5.4% year on year in March 2023, the fastest pace in growth since May 2020, buoyed by loans and advances, latest data shows.

Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030.

Standard Bank Namibia Holdings has announced that its Chief Executive Officer, Mercia Geises, will be stepping down from her position effective from 1 August 2023.

Namibia is importing pork from the European Union (EU) to supplement its domestic supply, as local pork production falls short of meeting consumer demand.

President Hage Geingob has called on the private sector to play a leading role in reducing the country's high youth and unskilled unemployment rates.

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