economy

economy

Africa Owes IMF $38.6 Billion

Africa Owes IMF $38.6 Billion

Africa-Press - Namibia. The total debt of African countries to the International Monetary Fund amounts to $38.6 billion, representing 31.5% of total...
Namibia: Infrastructure and Mining Agreement with China

Namibia: Infrastructure and Mining Agreement with China

Africa-Press - Namibia. China and Namibia announced an expansion of cooperation in the sectors of energy, agriculture, infrastructure, and minerals during talks...
RFA: Roads tolling on the cards

RFA: Roads tolling on the cards

The introduction of tolling in Namibia, as a feasible alternative to fund the ever-growing cost of maintaining roads in the country, is not off...
Namibia Exits FATF Grey List

Namibia Exits FATF Grey List

Africa-Press - Namibia. Namibia announced that the Financial Action Task Force (FATF) has decided to remove its name from the "grey list"...
New EU Deal Deepens Africa Consumer Markets

New EU Deal Deepens Africa Consumer Markets

Africa-Press - Namibia. The European Union is nearing the conclusion of its first enhanced economic partnership agreement with four African countries: Comoros,...
Iran War Strains African Airlines

Iran War Strains African Airlines

Africa-Press - Namibia. The African Airlines Association has warned that the American-Israeli war on Iran has led to rising fuel prices and...
China Turns to African Oil after Iran Ban

China Turns to African Oil after Iran Ban

Africa-Press - Namibia. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...
East Africa Budgets Face War and Debt Pressure

East Africa Budgets Face War and Debt Pressure

Africa-Press - Namibia. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing economic...
Ministry installs EV stations

Ministry installs EV stations

Africa-Press - Namibia. Transport minister Veikko Nekundi announced that the ministry has installed electric vehicle (EV) charging stations at its headquarters in Windhoek...
Africa Growth Stays Resilient Amid Global Turmoil

Africa Growth Stays Resilient Amid Global Turmoil

Africa-Press - Namibia. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in 2025,...