Debmarine Namibia’s contribution to the OKAFA Adapt to Drought Project Debmarine Namibia continues to make meaningful contributions to Namibian communities through its Social Investment Fund. Recently, the company extended its support to the Okakarara Farmers’ Association (OKAFA) with a sponsorship aimed at addressing the challenges posed by climate change. The OKAFA Adapt to Drought Project [...]
In the heart of Namibia’s Hardap Correctional Facility, something extraordinary is growing. It is not just the zucchini, sweet melons or pumpkins, but also the lives of the ofenders who plant and harvest these crops. What began as a small-scale agricultural project has blossomed into a groundbreaking initiative that not only contributes to food security [...]
Namibia’s mining, financial, agricultural, and manufacturing sectors are advancing with new investments and government support. Over 600 new mining exploration applications reflect confidence in Namibia’s mineral wealth, although only 68 out of 162 active mining licenses are operational. The Bank of Namibia cut interest rates by 25 basis points to stimulate the economy amid low inflation. The Capricorn Foundation invested N$350,000 to train young Namibians in hospitality, aiding job creation. In manufacturing, the Trade Ministry is encouraging MSME participation in the beverage industry following AB InBev’s local production of Lion Lager. Additionally, Kadila Poultry Farming began operations, aiming to produce 400 tonnes of poultry monthly and create 350 jobs, reducing Namibia’s reliance on imports. These developments highlight progress across key sectors.
Article By: Gerhard Mukuahima, Head of Agribusiness The outbreak of Covid-19 across the globe is presenting a unique set of challenges to industries and causing severe disruption to global value chains, says Standard Bank’s Head of Agribusiness, Gerhard Mukuahima. He adds that this is especially true in relation to agriculture, raising [...]
