Shell International says it has spent more than N$1 billion on oil and gas exploration activities in Namibia to date, reaffirming its commitment to continue investing in these sectors. 

The Erongo Region has seen notable progress in oil and gas, green hydrogen, tourism, agriculture, and trade, marking a period of economic growth and opportunity.

Governor Nathalia |Goagoses said this during the state of the region address held at Swakopmund today.

The Namibia Investment Promotion and Development Board (NIPDB) has signed a cooperation agreement with the Namibia Standards Institute (NSI) aimed at improving standardisation, market readiness of Namibian products, and easing the way of doing business.

Data remains crucial for culture in supporting economic growth and measuring its true impact.

This sentiment was shared by speakers at the opening of the workshop for the UNESCO Culture 2030 Indicators held in Windhoek.

The Chinese government announced that it would allow products from 53 African countries, including Namibia, to access the Chinese market with zero tariffs. 

The move is aimed at fostering economic growth and strengthening diplomatic relations between Africa and China. 

Commonwealth nations can unlock about N$22.3 trillion in additional trade through the adoption of electronic transferable records and comprehensive legal reform. 

Namibia's pioneering women-led leadership drew significant praise and recognition at the Commonwealth Business Summit.

The Namibia Revenue Agency (NamRA) has signed an agreement with China's General Administration of Customs to enhance cooperation in customs operations between the two countries.

An economist and director general of the Emergence Consulting Group of Senegal has called on the Namibian government to invest in innovation, which he said plays a crucial role in the economic growth and development of countries, particularly emerging economies like Namibia.

The Bank of Namibia announced a record dividend of N$ 720 million dollars for last year, exceeding the 511 million dollars paid to the government in 2023.