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Nico Williams rejects Barcelona, extends contract with Athletic Bilbao

MADRID, July 4  — Athletic Bilbao has ended speculation over Nico Williams’ future by announcing that the Spain international forward has signed an eight-year contract extension with the club.

The new deal, which also increases the 22-year-old’s release clause by 50 percent to around 90 million euros (106 million U.S. dollars), has effectively ended rumors that Williams was on the verge of signing for FC Barcelona.

While the new contract is good news for Athletic, it is a huge disappointment for Barcelona, after the club had made strong efforts to try to sign the winger for the second consecutive summer.

The club is still struggling to meet La Liga’s financial regulations which would enable it to make new signings and include them in its first-team squad.

Barcelona had made no secret of the club’s wish to sign the younger of the Williams brothers, with the club’s sporting director Deco saying in a recent interview that the player wanted to join the club.

However, while the rumor mill continued to spin, Athletic was working quietly on a new deal with the forward – his second in just 12 months – to keep him in Bilbao.

Williams scored 11 goals in 45 appearances for Athletic last season as the club reached the semifinals of the Europa League, while also finishing fourth in La Liga to book a place in next season’s Champions League.

Nico and his elder brother Inaki have become symbols of the Basque club and have featured in a TV documentary about them and their family.

“When you have to take decisions, my heart is what has the most influence. This is where I want to be, this is my home. Aupa Athletic,” commented Nico in the video accompanying the news of his contract. (Xinhua)

July 4, 2025 0 comment
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Namibia posts first-in-13-month trade surplus in May

WINDHOEK, July 4 — Namibia recorded a trade surplus of 121 million Namibian dollars (about 6.9 million U.S. dollars) in May 2025, driven by a sharp increase in uranium exports, the Namibia Statistics Agency (NSA) reported on Thursday.

Exports rose by 7.3 percent from April to 11.8 billion Namibian dollars, while imports declined by 9.1 percent to 11.7 billion Namibian dollars, an improvement from the revised trade deficit of 1.8 billion Namibian dollars recorded in April, Statistician General Alex Shimuafeni said in the report.

According to the report, China emerged as Namibia‘s leading export destination, accounting for 24.5 percent of all goods exported during the month.

Uranium, which accounted for 29.3 percent of total exports, was the largest contributor to the export basket and was mainly shipped to China, while other major exports included non-monetary gold, fish, diamonds, and copper, the report stated.

On the import side, petroleum oils, nickel ores, base metal concentrates, and industrial machinery were among the top commodities.

The NSA noted that the May surplus was the only monthly trade surplus recorded over the past 13 months, as the country continues to experience structural trade deficits due to high import dependency, particularly for manufactured goods.

Meanwhile, South Africa remained Namibia‘s primary source of imports, accounting for 38.7 percent of inbound trade.

The NSA report also indicated that 44.9 percent of Namibia‘s exports in May went to African countries, while 49.0 percent of imports came from the continent. (Xinhua)

July 4, 2025 0 comment
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Kenya launches second phase of China-sponsored youth coding initiative

NAIROBI, July 4  — Kenya on Thursday launched the second phase of a youth coding initiative supported by CODEMAO, a Chinese online education platform, in partnership with the United Nations Educational, Scientific and Cultural Organization (UNESCO).

The launch event marked the beginning of the initiative’s second phase, which will run from 2025 to 2030. The program aims to enhance digital literacy among adolescent learners across the country.

Julius Bitok, principal secretary in the Ministry of Education, said Kenya is the first country in Africa to launch the second phase of the UNESCO-CODEMAO coding initiative for youth, as part of its efforts to build a digital, interconnected and inclusive future.

“To prepare our youth for the jobs and challenges of tomorrow, we must invest in digital skills today. We support initiatives that foster innovation, digital literacy, and 21st-century competencies,” Bitok said.

Kenya was among the African countries, including Namibia and the Republic of the Congo, that implemented the first phase of the UNESCO-CODEMAO youth coding initiative from 2022 to 2024, aimed at enhancing coding and artificial intelligence (AI) skills among students and teachers.

During the first phase, junior secondary school students and their teachers received devices and hands-on training in various aspects of coding and AI, culminating in the award of certificates of recognition.

Four outstanding pupils and one teacher will participate in a week-long study tour to the southeastern Chinese city of Shenzhen from July 9 to 16, where they will visit technology companies and engage with Chinese culture.

Activities planned for the second phase include online training and mentorship designed to strengthen the coding and AI capabilities of students and teachers.

UNESCO’s Regional Director for Eastern Africa Louise Haxthausen said the partnership with CODEMAO has played a key role in introducing Kenyan learners to digital tools, including AI.

During the second phase, students will be provided with tablets and both theoretical and practical lessons to help them harness coding and AI for innovation and leadership in the technology sector.

CODEMAO Chief Executive Officer Tianchi Li said in a video message that the organization is committed to supporting Kenya’s digital transformation by investing in infrastructure, training, mentorship, and exposing young learners to cutting-edge technologies. (Xinhua)

July 4, 2025 0 comment
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Namibia’s Development Bank officially accredited by Green Climate Fund

WINDHOEK, July 4 — The Development Bank of Namibia (DBN) has become the first Namibian institution to gain official accreditation by the Green Climate Fund (GCF) as a Direct Access Entity under the medium-sized project category.

The development was confirmed on Thursday during the GCF’s 42nd board meeting in Port Moresby, Papua New Guinea. Jerome Mutumba, the DBN’s chief marketing and corporate affairs, said the accreditation is not just an institutional milestone but also a national breakthrough.

“As a GCF-accredited entity, we are now equipped to mobilize climate finance and unlock green investments that will advance Namibia‘s climate ambitions through impactful partnerships and sustainable development initiatives,” he said.

According to Mutumba, the move expands beyond previous accreditations that were solely for grant funding, marking a new era for climate finance access in the southern African nation.

The accreditation is expected to promote increased investment in climate adaptation and mitigation projects throughout Namibia, he said.

The GCF, established as part of the Paris Agreement, is the world’s largest dedicated climate fund. Its mission is to support developing countries in achieving their climate goals by facilitating low-emission and climate-resilient development.

The Paris Agreement is a legally binding international treaty on climate change adopted at the United Nations Climate Change Conference in Paris, France, on Dec. 12, 2015. It entered into force on Nov. 4, 2016.

With this accreditation, the DBN is now eligible to design, submit, and implement climate adaptation and mitigation projects valued between 50 million and 250 million U.S. dollars, directly accessing international climate finance without intermediaries.

July 4, 2025 0 comment
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Namibia, Angola strengthen anti-money laundering cooperation

WINDHOEK, July 3 — Namibia and Angola’s financial intelligence units have formally strengthened their cooperation on combating money laundering, counter-terrorism financing, and proliferation financing.

Bryan Eiseb, director of the Financial Intelligence Center of Namibia, said Tuesday that the cooperation was finalized through a memorandum of understanding (MoU) signed on the sidelines of the third Meeting of the Southern African Development Community Anti-Money Laundering and Combating the Financing of Terrorism Committee.

“The MoU focuses on bilateral capacity building initiatives to harmonize financial intelligence analysis and investigative techniques,” Eiseb said.

He added that under the MoU, the two institutions will now be able to leverage the expertise gained in efforts to curb money laundering and illicit financial flows as well as the recovery of proceeds of money laundering in the two countries.

Namibia and Angola are currently included on the European Commission’s updated list of high-risk jurisdictions for financial crime monitoring.

Also included on the list are Algeria, Cote d’Ivoire, Kenya, Laos, Lebanon, Monaco, Nepal, and Venezuela.

Namibia‘s inclusion on the high-risk list follows the Financial Action Task Force (FATF)’s February 2024 Plenary Meeting, during which Namibia was placed on the FATF’s “grey list” due to identified strategic deficiencies.

The FATF is an intergovernmental body that sets international standards to combat money laundering, terrorist financing, and proliferation financing. (Xinhua)

July 3, 2025 0 comment
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Namibia to host over 2,000 participants for AUSC Region 5 Youth Games

WINDHOEK, July 3 — Namibia will welcome more than 2,000 athletes and officials from 10 southern African countries and regions as the 11th African Union Sports Council (AUSC) Region 5 Youth Games opens on July 4.

In a statement, Namibia‘s sports minister Sanet Steenkamp said the biennial multi-sport event for athletes under 20 will take place in Windhoek and Swakopmund from July 4 to 13.

The Games will feature 14 sporting disciplines, including athletics, swimming, football, basketball, boxing, judo, volleyball and e-sports.

Namibia will host 314 athletes and officials as part of its own delegation, while South Africa, Botswana and Zimbabwe are expected to send some of the largest teams.

Steenkamp said Namibia has undertaken a series of infrastructure upgrades in preparation for the event. These include the refurbishment of sports facilities, improvements to a major stadium, and the installation of a heating system at a national swimming pool to meet World Aquatics (formerly FINA) standards.

She noted the Games will also help Namibian athletes prepare for upcoming events, including the Africa School Sports Games and the 2026 Youth Olympic Games in Senegal.

The event forms part of Namibia‘s broader talent development strategy aimed at achieving Olympic podium finishes under the country’s “Road to 2028 Los Angeles & Beyond” program, Steenkamp said. (Xinhua)

July 3, 2025 0 comment
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Namibia launches health training initiative to strengthen specialized workforce

WINDHOEK, July 3  — Namibia has launched a new national training program to nurture skilled professionals in critical healthcare fields, including dental therapy, audiology, dietetics, medical engineering, optometry, and clinical technology, in an effort to bolster its strained healthcare workforce.

Speaking at the launch of Project 2025 in the national capital of Windhoek on Wednesday, Minister of Health and Social Services Esperance Luvindao said the new initiative aims to train 450 health professionals over three years as part of broader efforts to address skills shortages in the country’s healthcare sector.

“This initiative is part of our ongoing strategy to develop a resilient and responsive healthcare system that meets the needs of our nation,” Luvindao said.

The southern African country, with a population of about 3 million, continues to face an uneven distribution of health professionals between urban and rural areas, as well as shortages in specialized services.

According to Luvindao, the program builds on the earlier Project 2013, which saw more than 586 graduates trained in medicine, dentistry, pharmacy, and related fields.

Over 400 of those graduates have already joined Namibia’s health workforce. The 2025 intake includes 52 undergraduate students selected from a pool of 120 applicants nationwide.

Each recipient is required to sign a bonding agreement with the ministry, committing to serve in the public health sector after completing their studies.

“This scholarship is an investment in our country’s health and in the future of every citizen,” Luvindao said. “We are counting on these students to return as ethical, skilled, and compassionate health professionals.

” Earlier, in Luvindao’s budget speech in May, she also emphasized the need to fill over 11,700 approved positions amid a shortage of essential professionals, particularly nurses and doctors. (Xinhua)

July 3, 2025 0 comment
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Namibia validates national food security strategy with UNICEF support

WINDHOEK, July 3  — Namibia‘s Office of the Prime Minister (OPM) has partnered with the United Nations Children’s Fund (UNICEF) to validate its draft Communication and Behavior Change Strategy.

The initiative, which kicked off Wednesday with a three-day workshop in Otjiwarongo, central-north Namibia, is a key component of the Implementation Action Plan for the National Food and Nutrition Security Policy (NFNS), which was revised in 2021.

The PM’s office said the strategy aims to empower Namibians to make informed food and nutrition choices, ultimately ensuring universal access to adequate, safe, and nutritious food, as well as clean water, throughout their lives.

“It also seeks to promote the dissemination of clear, targeted information on the importance of food and nutrition security countrywide,” the office added.

The workshop brought together participants from various NFNS working groups, key stakeholders, and government communication practitioners, emphasizing a collaborative effort to tackle the country’s food insecurity challenges it faces.

According to the 2024 Global Hunger Index, Namibia suffers from a serious level of hunger, ranking 86th out of 121 countries.

The Integrated Food Security Phase Classification Analysis for July 2024 to June 2025 showed that food insecurity is likely to deteriorate because of the start of the lean season and rising prices from October 2024 to March 2025, with 1.26 million people likely to face crisis or worse conditions. (Xinhua)

July 3, 2025 0 comment
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World Bank downgrades Namibia to lower-middle income status

WINDHOEK, July 3  — Namibia has been moved downward from an upper-middle income level to a lower-middle income category, according to the World Bank Group’s income classifications for fiscal year 2026, which runs from July 1, 2025, to June 2026.

Namibia was the only country to receive a downgraded classification this year, the World Bank said Tuesday. “One of the main factors behind the slower GDP growth was a sharp deceleration in mining and quarrying, for which growth went from +19.3 percent in 2023 to -1.2 percent in 2024 due to weak demand for diamonds,” the World Bank said.

Furthermore, population data was adjusted upwards by the United Nations Population Division with a 13.8 percent increase for 2023, leading to a 12.9 percent decrease in the Atlas Gross National Income per capita, impacting the country’s income classification. (Xinhua)

July 3, 2025 0 comment
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Monthly Mining Update, June 2025: Mining Sector Delivers Strong Performance Despite Diamond Headwinds

WINDHOEK, 1 July — Namibia’s mining sector continues to register strong gains in 2025, with uranium and gold emerging as key pillars of economic growth and resilience.

Namibia’s uranium industry stands out as a top performer, recording a 59% year-on-year increase in production as of April 2025.

Supported by rising global demand for clean and reliable energy sources, uranium has become the country’s most valuable export, contributing N$2.86 billion (26 %) of Namibia’s total exports for April.

Namibia is cementing its reputation as a strategic supplier of uranium to the world, especially as nuclear energy gains renewed momentum in global energy transition efforts.

The strong performance of our uranium sector is a reflection of confidence in the country’s resource potential.
Gold exports also saw a substantial boost, earning N$1.69 billion in April and making up over 15% of total exports.

Despite short-term production fluctuations, the value of gold remains resilient on the back of historically high global prices, averaging US$3,309 per ounce in May, a 41% increase year-on-year.

Namibia’s gold mines have steadily increased output, contributing to broader economic stability.

Diamond production declined by 26% in April 2025 compared to the same period in 2024, with the sector’s share of total exports falling to 10.5%, down from 12.9% a year earlier.

This downturn follows deliberate production cuts by Debmarine Namibia throughout 2024 and early 2025, aimed at curbing oversupply and stabilising global diamond prices.

Despite these efforts, the natural diamond industry continues to face mounting challenges, including intensifying competition from lab-grown alternatives and subdued demand across key Asian markets.

Encouragingly, inflationary pressures are easing, with Namibia’s annual inflation rate declining to 3.5% in May 2025, down from 4.9% in May 2024. This has helped ease cost burdens across mining operations.

Exports from the mining and quarrying sector reached approximately N$5.4 billion in April, accounting for nearly half of Namibia’s total export earnings.

In the commodity markets, tin and copper prices remain elevated, supported by global demand from technology and energy sectors.

Tin prices averaged US$32,007 per metric ton, 72% higher than pre-COVID levels, while copper reached US$9,740 per metric ton in March, driven by electric vehicle and green infrastructure demand.

These positive trends reflect the resilience and adaptability of Namibia’s mining industry, even in a complex global environment.

Despite the ongoing challenges in the diamond sector, the Chamber holds an optimistic view on the outlook for mining which is supported by the strong performance of gold and uranium.

July 1, 2025 0 comment
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