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 Dubai port operator, DP World has signed an agreement with the government of Senegal to develop a deep water seaport at the town of Ndayane, about 50km southeast of the capital, Dakar.

Sanlam's attempt to increase its stake in a Moroccan general insurer has not materialised due to all conditions not having been met, it said in an announcement on Monday.

Apple on Monday became the first company in the world to hit US$3 trillion (R48 trillion) in market capitalisation, thanks to investor confidence that the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and metaverse.

When Andrew Kanime was appointed Namport CEO in 2020, his main objective was to set up the company’s strategic roadmap for the next five years.

President Hage Geingob says the country is set to get a N$100 million boost from concession fees from the energy firm awarded rights to construct Namibia’s inaugural green hydrogen projects.

Africa’s technology startups raised a record $5 billion this year as US investors piled into companies that are helping the continent’s tech-savvy and young population conduct financial transactions.

Assets held by the world’s sovereign wealth and public pension funds rose to a record US$31.9 trillion in 2021 thanks to rising U.S. stock and oil prices, and investments rose to their highest for several years, an annual report released on Saturday showed.

South African stocks are closing out their best year since 2009, although the gains have little to do with local factors.

The Ministry of Mines and Energy has announced that it will keep fuel prices for January 2022 unchanged.

A lack of census among City of Windhoek Councilors has stalled plans by the municipality to move ahead with the implementation of its much-touted fibre project.

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