See also:
» 15.02.2011 - Namibia, Botswana connect to 5.12 terabit cable
» 23.04.2010 - SAB takes Namibia’s beer market competition head-on
» 18.01.2010 - MCA selects IBTCI for Namibia’s poverty project
» 03.11.2009 - Namibia urges SA to improve cross-border traffic
» 24.07.2009 - Namibian court orders continued freezing of assets
» 20.07.2009 - China president’s son in Namibia’s corruption case
» 02.06.2004 - Namibia to improve ecosystem management
» 22.10.2003 - Namibian diamonds used to finance worldwide mining operations

China wholesale online through

Houlihan's coupons

Finn autentiske matoppskrifter fra hele verden på
Gazpacho Børek Kartoffelsalat Taboulé Gulasj Albóndigas Cevapi Rougaille Japrak sarma Zwiebelbrot Klopse Giouvetsi Paella Pljeskavica Pica pau Pulpo a la gallega Flammkuchen Langosj Tapenade Chatsjapuri Pasulj Lassi Kartoffelpuffer Tortilla Raznjici Knödel Lentejas Bœuf bourguignon Korianderchutney Brenneslesuppe Proia Sæbsi kavurma Sardinske calamares

Autentiske matoppskrifter fra hele verden finner du på
Réunion Portugal Aserbajdsjan Serbia Tyskland Seychellene Bosnia Spania Libanon Belgia India Kroatia Hellas Italia Ungarn Komorene Georgia Mauritius Østerrike Romania Frankrike

Economy - Development | Science - Education

Education and infrastructure credits for Namibia

afrol News, 4 June - The Namibian government today received notice of two credits granted by the African Development Bank (ADB), totalling US$ 32.5 million. The first loan is to finance a government education project, while the second is to finance a road connection to South Africa.

At a meeting in the Addis Ababa offices of ADB yesterday, Namibian Deputy Minister of Finance, Mr Kukuri Barminas Rick, signed the two credit agreements with ADB officials.

A loan of US $7.09 million is to finance the so-called Entrepreneurship and Skills Development Project (Education III) in Namibia. The project falls within the Namibian government's national development plan and responds to the objectives of the national education policy.

The education project, according to an ADB release, "aims to contribute to the responsiveness of the education system to the skills requirements of the labour market and the production capacity of the economy."

The loan would be used to finance the establishment of the National Centre for Innovation, Entrepreneurship and Technology (CIET) in Tsumeb "with a view to enhancing the framework for innovation, entrepreneurship and technology adaptation." It was also to help improve the quality and efficiency of vocational education and training programs in Namibia.

The second and considerably larger loan of 205.13 million Rand (US$ 25.30 million) is to finance the Aus-Rosh Pinah road upgrading project in Namibia. The road will constitute a new major road connection between Namibia's southern coastal town of Lüderitz and the Northern Cape province of South Africa.

This project is to involve the upgrading of 169 km of gravel road to bitumen standard with a width of 6.8 meter carriageway between Aus and Rosh Pinah and 1.5 meter gravel shoulders in order to provide an all-weather road.

It was hoped that this infrastructure project would contribute to the reduction of the transportation cost of mining products, agricultural inputs and produce as well as travel time between Aus and Rosh Pinah.

- Besides significant reduction in vehicle operating and road maintenance costs, the project will solve the problems of road accidents caused by dust on the existing gravel road, the project's description said. "Furthermore, the connection of the road to South Africa will help promote tourism and regional integration."

- Create an e-mail alert for Namibia news
- Create an e-mail alert for Economy - Development news
- Create an e-mail alert for Science - Education news

    Printable version

On the Afrol News front page now

Rwanda succeeds including citizens in formal financial sector

afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.

Famine warning: "South Sudan is imploding"

afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
Panic in West Africa after Ebola outbreak in Guinea

afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
Ethiopia tightens its already strict anti-gay laws

afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
Ethiopia plans Africa's biggest dam

afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.

front page | news | countries | archive | currencies | news alerts login | about afrol News | contact | advertise | español 

©  afrol News. Reproducing or buying afrol News' articles.

   You can contact us at