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N$2.5 million in grants for entrepreneurs - Environment


14 December 2020 | Environment
MAKING A DIFFERENCE: N$2.5 million worth of funding was handed over to 32 entrepreneurs. Photo: CONTRIBUTED
ELLANIE SMIT
WINDHOEK
A total of 32 entrepreneurs received N$2.5 million worth of funding through the recently launched Sustainable Development Goals Impact Facility (SDGIF).
The CEO of the Environmental Investment Fund (EIF) Namibia, Benedict Libanda, said at this first grant handover that the SDGIF is a multi-stakeholder financial and capacity building platform, which bridges social innovation and blended capital to create sustainable economic and social returns.
He said the grant handover ceremony follows the first of three calls for proposals which will be issued during the first phase of the SDGIF. The current window focuses on companies in agriculture, nutraceuticals and artisans. The second window will focus on manufacturing and sustainable tourism and the third will focus on renewable energy and IT, which will be ....

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Baillères drags feet on Erindi purchase - Environment


OGONE TLHAGE
WINDHOEK
Erindi s Mexican suitor Alberto Baillères has not yet submitted a revised business plan that is required before the sale of the luxury game farm can proceed.
The ministry of trade indicated in June that Baillères had requested an extension to submit the bid for his planned take-over of the game farm, which has been in the market for well over seven years.
A ministerial source has told Namibian Sun that there is no indication when the document will be submitted.
“We await the substantive business plan from them to finalise the investment certificate. Remember, Covid-19 kept them at bay and with a second wave that side, there will perhaps be some further delay,” Namibian Sun was informed. ....

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