Africa Cup Inline Hockey concludes

The Africa Cup Inline Hockey tournament concluded in a defeat for the defending champions, Namibia, over the weekend at the Dome in Swakopmund. The six-day tournament saw Bank Windhoek as a major sponsor for a second consecutive year. The Namibian team cruised to the finals until they went down 7:5 to the Dome Dragons in…

Neymar Jr’s Five gears up for qualifiers

The last activation for the Neymar Jr’s Five soccer tournament took place over the weekend at the University of Namibia’s (UNAM) Faculty of Engineering and Information Technology in Ongwediva. Over 150 teams are expected to compete in Oshakati, Swakopmund and Windhoek. The Neymar Jr’s Five, a Brazilian soccer star’s signature five-a-side soccer contest, is a…

Development Bank loan for Erongo RED Finance for mass housing and waterfront energy supply

The Development Bank of Namibia (DBN) has provided an additional N$150 million for Erongo RED. The amount is being used to finance additional second phase electricity distribution requirements for the Swakopmund mass housing development, and for the waterfront. Erongo RED previously used N$250 million from DBN to finance its first phase project to upgrade aging…