Construction of SME Parks in Namibia nears completion

The government of Namibia has announced that construction works on small business parks countrywide are nearing completion in most of the towns. Trade and industry minister Tjekero Tweya announced the reports briefing parliament on the progress of the project. A total of US $7m was set aside for SME financing under the Development Bank of Namibia.…

Construction of SME Parks in Namibia nears completion

The government of Namibia has announced that construction works on small business parks countrywide are nearing completion in most of the towns. Trade and industry minister Tjekero Tweya announced the reports briefing parliament on the progress of the project. A total of US $7m was set aside for SME financing under the Development Bank of Namibia.…

SILK ROAD FUND BECOMES A 49% SHAREHOLDER IN ACWA POWER RENEWABLE ENERGY HOLDING LTD

Summary ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants signed an agreement with Silk Road Fund, introducing it as a partner and shareholder in ACWA Power Renewable Energy Holding Ltd (ACWA Power RenewCo) – ACWA Power’s renewable energy platform that currently owns a number of its existing renewable…

Bumbuna II hydropower project in Sierra Leone to receive US $4.9m funding

Sierra Leone is set to receive US $4.9m funding from the Development Bank of Southern Africa (DBSA) to finance remaining and final stages in developing the Bumbuna II hydropower project, the country’s largest infrastructure project. The project is part of the government’s long-term Energy Plan, playing a critical energy infrastructure role which will help to reduce the country’s…