Brazil would like to deepen its cooperation and economic and trade relations with Namibia. 

Its Ambassador to Namibia, Vivian Loss Sanmartin, says possibilities to increase trade between Brazil and Namibia are almost without a limit.

She was speaking to nbc News against the backdrop of the visit of a 10-member business community delegation from Brazil to Namibia.

The delegation is in Namibia for a weeklong visit to explore business and investment opportunities. 

The Bank of Namibia (BoN) is worried about the risks posed to the positive economic outlook by challenges such as water supply disruptions, looming droughts, and infrastructure constraints.

The central bank's top management, led by Governor Johannes !Gawaxab, flagged this during a courtesy call on President Hage Geingob at State House.

Although economic activity improved during the first four months of 2023, challenges including water supply disruption, a looming drought, and infrastructure constraints could impact future projections.

Deputy Prime Minister Netumbo Nandi-Ndaitwah emphasised the need to expedite economic recovery in order to accelerate the country's economic growth.

She made these remarks during the 13th edition of the Eenhana Expo Fundraising Gala Dinner, which took place in Eenhana.

Politicians, businessmen, and women who attended the event pledged over N$357 000 to support the smooth organisation of the expo, scheduled to take place from July 31 to August 5.

FNB Namibia emerged as the primary sponsor by pledging the highest amount of N$50,000 during the event.

The Chairperson of the Africa Union (AU) has called on African countries to play their role by contributing to the African Continental Free Trade Area (AfCFTA) for the continent to gain economic independence.

The Comorian President was speaking at a media briefing at the 2nd Ordinary Session of the 6th Parliament of the Pan Africa Parliament being held in Midrand, South Africa.

Speaking through a translator, Azali Assoumani encouraged African legislators to establish appropriate conditions to promote socio-economic development in Africa through the AfCFTA.