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Small and medium-sized businesses (SMEs) are the lifeblood of most emerging economies, accounting for a significant portion of economic activity and job creation – especially in developing countries such as Namibia.

The number of cattle marketed in Namibia declined drastically to 15,840 in September down from 16,952 in August 2022, due to a ripple effect from the 21-day nationwide ban on the movement of cattle in South Africa, latest statistics shared by Agribank show.

 The European Investment Bank has given Hydrogène de France (HDF) Energy a N$179 million (€10 million) grant to implement Namibia’s first green hydrogen power plant.

The Development Bank of Namibia (DBN) has launched a Business Rescue Programme aimed at saving qualifying businesses from liquidation. 

 IJG has joined forces with Prescient to form Prescient IJG Unit Trust Management Company, a joint venture entity currently providing four-unit trust funds with plans to launch a white labelled solution to the Namibian market.

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