26/4/2016/Vantage Capital Vantage Capital, Africa’s largest mezzanine fund manager, announced today that it has provided a debenture facility of N$80 million (R80 million) to United Africa Group (UAG), an established hospitality and property-owning group in Namibia. The funding is being used to support the group’s equity contribution for the construction […]
Tag: Namibia
Namibia Banking Sector Highly Profitable-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday reported that the Namibian banking system is highly profitable, well-capitalised and with relatively low nonperforming loans. The IMF’s executive board reported this at the conclusion of the Article IV consultation with Namibia without a meeting. Apart from high profitability […]
Nigeria, 18 others barred from US visa lottery
Nigeria and some other countries will no longer be eligible to participate in the America Diversity Visa lottery programme. Information from the United States Department of State sighted on Sunday said Nigerians and citizens from few other countries were not eligible for DV-2015 The department said Nigeria was excluded since […]
