By the AFREEQUE newsroom, based on Windhoek Observer
Namibia Airports Company, Namibia’s state-owned airports company, declared a dividend of 7.7 million Namibian dollars to the government, after reporting a net profit of 23 million. The first distribution in 20 years was decided at the annual general meeting on 30 October, according to an opinion piece published by the Windhoek Observer.
Namibia Breweries Limited, WWF Namibia and Global Water Challenge have signed a five-year, N$13 million agreement to restore or better manage 153 hectares of the Swakop River Basin. The project aims to generate annual water benefits of about 386 million litres by 2030, according to the Windhoek Observer.
🇳🇦 Namibia · Source: Windhoek Observer ·
Namibia Breweries Limited, WWF Namibia and the Global Water Challenge are launching a five-year project worth 13 million Namibian dollars to strengthen water security in the Swakop River basin. Implemented with the City of Windhoek from 2026 to 2030, the programme brings together public authorities, businesses and civil society, according to New Era.
🇳🇦 Namibia · Source: New Era ·
The rise in Namibia’s policy rate to 7% has increased annual repayments on a typical 1 million Namibian dollar home loan by about 4,000 Namibian dollars since the hiking cycle began. The Bank of Namibia raised its rate by 25 basis points on 28 October, taking commercial banks’ prime rate to 10.50%, according to the Windhoek Observer.
🇳🇦 Namibia · Source: Windhoek Observer ·
Namibian community gardeners sold their vegetables and fresh herbs at a market day held on 27 October at the Shoprite store in Lafrenz, Windhoek. The initiative enables growers to sell directly to customers and gain business skills; it is part of the group’s support for more than 320 community gardens in southern Africa, according to the Windhoek Observer.
🇳🇦 Namibia · Source: Windhoek Observer ·
Andrada Mining raises Namibia contribution to 775.2 million dollarsAndrada Mining’s direct economic contribution to Namibia rose by 6% to 775.2 million Namibian dollars in the 2026 financial year. The Uis mine also supported 241 suppliers, including 189 Namibian businesses, and generated 330.2 million Namibian dollars in indirect benefits, according to the company’s sustainability report.
Washington plans to exclude South Africa from AGOA in 2027Donald Trump notified Cyril Ramaphosa of his intention to remove South Africa’s AGOA beneficiary status from 1 January 2027, citing trade and security concerns. Pretoria said on 2 November that it would support affected sectors and disputed the US account of the negotiations, according to the South African government.The week in Africa
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