Namibia: Latest News
Staff, 7:26 am
The Kalahari is a semi-arid sandy savanna that stretches across huge areas of Botswana, South Africa, and Namibia. It is home to a wide variety of large mammals including giraffes, ostriches, gnus, and various species of gazelle. Food resources constantly change in the savanna as rainfall changes, from grazing pressure and as bush fires spread across the land. Enter Nicolas Rey at the Ecole Polytechnique Federale de Lausanne who have trained a machine-vision drones to do the job instead.
Staff, 9:20 am
Two years after it was announced, the Senegal Internet Exchange Point (SENIX) is scheduled for official launch on 29 August, according to Cheikh Bakhoum, Chairman of the Board of Directors at SENIX and Director General of Senegal’s State Information Technology Agency (ADIE). Bakhoum said the exchange point would be launched in the country’s capital city of Dakar and would bring about a revolution in the country’s telecoms ecosystem. SENIX is the result of collaboration between 23 partners.
Ann Brown, 3:09 am AFKI Original
Sandra Mwiihangele has a great passion for cosmetics and entrepreneurship, leading her to create Kiyomisandz, a cosmetic manufacturing company in Namibia. The 29-year-old businesswoman has been successful, but she remains ambitious. Mwiihangele wants Kiyomisandz to grow into a respected African business and international brand that can compete with the likes of L’Oréal, Revlon, and The Body Shop.
Staff, 5:21 pm
African heads of governments are among the highest paid in the world despite the continent’s many challenges. Jacob Zuma, South African president is the highest paid in the continent earning $272 000 per year, ranked fourth in the world.Rwanda’s president, Paul Kagame is ranked tenth, earning only $85 000 per year. Jacob Zuma $272 000 per annum. Zuma has been the president of the Republic of South Africa since 2009. Zuma was among the world’s top 10 highest paid president, he was listed fourth.
Ann Brown, 5:46 pm AFKI Original
At age 18, Knight Ganje knew he wanted to be a businessman. When a friend invited him to visit Botswana he persuaded his mother to let him go. Once there he started taking odd jobs such as painting to survive until a local entrepreneur decided to mentor him, and the rest is history. Fast-forward 11 years and high school dropout Ganje is at the head of H&G Advertising Group, Botswana’s biggest ad agency with a turnover of $38 million annually and clients that include Unilever, Emirates, Coca-Cola, and Samsung.
Staff, 8:30 am
Namibia’s Ministry of Information and Communication Technology will host the 4th National ICT Summit from Oct. 9-11 in Windhoek. The Ministry at a stakeholders engagement meeting said, the ICT Summit which is an annual event is aimed at bringing ICT stakeholders in the country together to share innovative ideas in bridging the digital gap and making ICT accessible. According to the Ministry, the country needs more involvement and support of stakeholders both in the public and private sectors.
Global Risk Insights, 6:33 pm
Proponents of the sharing economy say Uber and Airbnb benefit Africa, but who exactly is benefiting? They’re inserting themselves into existing informal sharing dynamics, acting as corporate middlemen and disrupting existing livelihoods. Underdeveloped formal sectors and high unemployment in Africa created the sharing economy out of necessity. Uber and Airbnb are taking a share of the profits.
Peter Pedroncelli, 6:36 am
State-owned airline Air Namibia has be given approval to fly in and out of the United States, allowing it to join the ranks of an exclusive set of African carriers with permission to do so. Previously, only South African Airways, Ethiopian Airlines, Egypt Air, Moroccan Royal Air Maroc and Cape Verde’s TACV airline have enjoyed the right to fly passengers in and out of the U.S. from Africa. The airline is expecting to generate revenues through its codesharing agreements with partners to the U.S.
Peter Pedroncelli, 3:20 am AFKI Original
The United States provides foreign aid that benefits numerous African recipients, with over $43 billion of total obligations going to 222 countries around the world in 2015. Much of this goes to assisting countries in sub-Saharan and North Africa, with USAID funding countless programs for the good of people within those nations. We take a look at the 12 biggest African recipients of foreign aid from the United States.
Kurt Davis Jr., 2:00 am AFKI Original
Short-term volatility and uncertainty in the African growth story create opportunities for hedge funds. Hedge funds generally operate more flexibly than private equity, and they have the creativity to generate bond-like returns that outpace inflation. Critics say hedge funds have limited liquidity in an opaque world. The riskiest play — but with big returns — is in agriculture and land. Where land is for sale in Africa, investors are making a play for a limited resource, especially when it’s arable, ripe for production or ideal for commercial and residential construction.
- Real Estate