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October 31, 2023
Namibia: Namibia - African Development Bank Approves $196 Million Loan to Modernize Railway Infrastructure
The African Development Bank supports Namibia to modernize its railway infrastructure. Read more »
June 16, 2023
Namibia: Namibia - Urban Areas to Receive Boost As African Development Bank Fund Approves Grant for Solar Electricity in Informal Settlements
View of informal settlement in Windhoek, Namibia. Electrification is considered a crucial investment to unlock the economic potential of these areas and substantially improve the… Read more »
September 29, 2022
Namibia: Namibia - African Development Bank Board Approves $134.9 Million Loan for Post-Covid-19 Economic Recovery Support Program Phase II
The Board of Directors of the African Development Bank has approved a loan of 2.3 billion South African rands ($134.9 million) in co-financing for the second phase of Namibia's… Read more »
September 08, 2020
Namibia: Walvis Bay Port Now a Regional Logistic Hub As New Container Terminal Runs At Full Capacity
The new container terminal at the Namibian Port of Walvis Bay, built between 2014 and 2019, gives the country a high-end port facility. The terminal, commissioned in August 2019,… Read more »
March 12, 2020
Namibia: African Development Bank Approves $121.7 Million Loan, Euro 3 Million Grant to Support Water and Sanitation Sector
The Board of Directors of the African Development Bank on Wednesday approved a $121.7 million loan (ZAR 1.893 billion) and Euro 3 million grant from the Rural Water Supply… Read more »
March 11, 2020
Namibia: African Development Bank Approves $129.4 Million Loan to Boost Economic Governance and Competitiveness
The Board of Directors of the African Development Bank has approved a $129.4 million (ZAR 2.011 billion) loan to finance the Namibia Economic Governance and Competitiveness Support… Read more »
August 05, 2019
Africa: Namibia Hails Milestone As It Launches Expanded Walvis Bay Port
Namibian President Hage Geingob has hailed the expansion of the Walvis Bay port as a new chapter in the country's economic transformation. Read more »
October 05, 2018
Namibia: Walvis Bay Port Expansion Well Under Way
New container terminal to position Namibia as a regional logistic hub and gateway to international markets Read more »
August 22, 2018
Africa: African Development Bank and Namibia Government Sign U.S. $ 217.8 Million Loan to Boost Economic Governance in Namibia
The Government of the Republic of Namibia and the African Development Bank have signed a loan agreement worth US$ 217.8 million (ZAR 3 billion) to finance the second phase of the… Read more »
July 18, 2018
Namibia: Namibia Secures Zar 3 Billion Budget Support Loan From African Development Bank
The Board of Directors of the African Development Bank has approved a loan of US$ 217.8 million (ZAR 3 billion) to finance the second phase of the Namibia's Economic Governance and… Read more »
December 13, 2017
Africa: Improving Transportation in Namibia - African Development Bank Approves Zar 2,000 Million for Rail and Road Works
To help speed up travel and transportation in Namibia, the Board of the African Development Bank has approved a loan of ZAR 2,000 million (US$ 153 million) to the Government of… Read more »
December 05, 2017
Namibia: AfDB Supports Namibia's Agriculture Sector
The African Development Bank Group (AfDB) is supporting Namibia's Agriculture Sector with the approval of One Billion South African Rands (*ZAR 1 billion) loan to finance the… Read more »
Namibia: Namibia Secures Zar 1 Billion African Development Bank Loan for Education Sector
Namibia's efforts to develop efficient basic, technical and vocational education (TVET) to cater to its development needs has received a boost from the African Development Bank… Read more »
December 10, 2017
Africa: Namibia Hosts 2017 Programme for Infrastructure Development in Africa (Pida Week)
The 2017 Programme for Infrastructure Development in Africa Week (PIDA Week) will take place from 10 to 14 December in Swakopmund, Namibia on the theme, "Regional infrastructure… Read more »
May 10, 2017
Namibia: African Development Bank Approves U.S. $ 226.5 Million Loan to Boost Economic Governance and Competitiveness in Namibia
The Board of Directors of the African Development Bank has approved a loan of US$ 226.5 million (ZAR 3 billion) to finance the Namibia Economic Governance and Competitiveness… Read more »
March 29, 2017
Namibia: African Development Bank's Executive Directors (Eds) Head to Namibia
African Development Bank Group Executive Directors are visiting Namibia from 3 to 7 April, 2017, to assess the impact of Bank projects in the country. Read more »
July 09, 2015
Namibia: AfDB Invests Zar 4.5 Billion in Development Bank of Namibia
The Board of Directors of the African Development Bank (AfDB) approved on Thursday, July 9, 2015 a line of credit amounting to ZAR 4.5 billion (about US $450 million) to… Read more »
June 10, 2014
Africa: AfDB Partners in the 6th Africa Carbon Forum in Windhoek
The sixth Africa Carbon Forum will take place in Windhoek, Republic of Namibia, on July 2-4 2014 to support Africa's participation in global carbon markets and catalyze green… Read more »
March 07, 2014
Namibia: AfDB Board approves Country Strategy Papers for Tunisia and Namibia
The Board of Directors of the African Development Bank on Wednesday, March 5, 2014 in Tunis approved the Bank's Country Strategy Papers (CSPs) for Tunisia and Namibia that would… Read more »
November 11, 2013
Namibia: AfDB and Namibia Sign ZAR 2.9 Billion Loan agreement
The African Development Bank Group (AfDB) and Namibia on Friday, November 8, 2013 signed a ZAR 2.9 billion (US $338 million) sovereign guaranteed loan to Nambia Ports Authority… Read more »
October 05, 2012
Africa: AfDB Signs First Private Sector Loan in Namibia to Improve Access to Finance and Open Doors to Education
Mr. Ebrima Faal, Regional Director at the Southern Africa Resource Center (SARC) of the African Development Bank (AfDB), signed on behalf of the AfDB the agreements for a loan of… Read more »
December 09, 2011
Africa: AfDB Lends U.S.$ 8 Million to Help Open Doors to Education and Jobs in Namibia
The Board of Directors of the African Development Bank (AfDB) has approved on 7 December a corporate loan of South African rand (ZAR) 65 million equivalent to USD 8 million to… Read more »
November 30, 2011
Africa: AfDB Says Fighting Corruption and Poverty in Africa Go Together
Cutting corruption and reducing poverty in Africa go hand-in-hand, the African Development Bank (AfDB) maintained at an anti-corruption meeting recently in Namibia. Read more »
March 07, 2011
Africa: South Africa is a Hub for Growth And Regional Integration in Africa
South Africa is a hub for growth and regional integration in Southern Africa. It accounts for 71.5% of regional GDP and is a key player in NEPAD and SADC. About 70% of… Read more »
June 19, 2009
Africa: AfDB Commits to Bolster Namibia's Economic Development
The African Development Bank (AfDB) Group will provide technical and financial support to bolster Namibia's efforts to grow its economy and weather the global economic crisis.… Read more »
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