Bank Windhoek issues first Green Bond

Bank Windhoek, a wholly Namibian-owned commercial bank, reached a milestone on Wednesday, 5 December 2018 when it announced the successful issuance of Namibia’s first Green Bond. This achievement positions Bank Windhoek as the first commercial Bank to issue a Green Bond not only domestically but across the Southern African region. The Green Bond is listed…

Peugeot Opel Assembly Namibia

President Geingob on Wednesday officially launched and unveiled the Peugeot-Namibia plant at Walvis Bay (New Industrial Area, Farm 23, Wanderdunen, Trekope, NDC Building). This follows a signed investment agreement facilitating the joint-venture agreement between Groupe PSA and Namibia Development Corporation (NDC) to assemble OPEL and PEUGEOT vehicles in Walvis Bay. The assembly anticipates achieving a…