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with Karlien, for your lunch time entertainment 12:00 - 15:00

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Roadhouse Blues - Online Ticket Giveaway

Local blues sensation "Roadhouse Blues" will be playing a live show at The Warehouse Theatre on Friday, the 25th of August 2017.

Radiowave has 3 pairs of tickets to give away for this incredible, must-see, live show.

Visit our Local & Live! page to answer the following question:

Who are the 4 members of Roadhouse Blues?
Send your answer, along with your full name, email address, cell number and ID number to This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

APO - Africa-Newsroom: latest news releases related to Africa

Press releases from Africa-Neswroom.com
APO - Africa-Newsroom: latest news releases related to Africa
  1. Dangote signs $450million jumbo sugar production Memorandum of Understanding (MoU) with Niger State

    In another bold move for self-sufficiency in sugar production through the government’s backward integration policy, the Pan African Conglomerate, Dangote Group (www.Dangote.com) today in Minna, Niger State signed a Memorandum of Understanding (MoU) with the State Government for the establishment of a jumbo $450million state-of–art and fully integrated sugar complex.

    On completion, according to the President of the Group Aliko Dangote, the project will generate over 15,000 jobs in the state and bring about a complete economic turn-around for the state.

    The $450million pact which was signed in the government house will see the company producing raw sugarcane on 16,000 hectares of land at Lavun Local Government through an out-grower scheme.

    The company, which is currently operating out-grower scheme in rice production in a number of states, has  Africa’s largest sugar refinery in Lagos and a sugar cane plantation in Numan, Adamawa State.

    Mr. Dangote said his investment was informed by his Company’s firm belief in the potentials of the Nigerian economy, adding that the new outlay will add value and create jobs for Nigerians.

    He commended the state Governor, Alh. Abubakar Sani Bello for his foresight and efforts to woo investors to Niger State noting “the Dangote’s Integrated Sugar Project in Niger State will also include the establishment of integrated sugar mills, generate power, produce molasses, ethanol fuel, biomass and produce animal feeds.”  

    In his remarks, Governor Bello said the deal will revolutionize agriculture in his state and Nigeria. Expressing joy that the MoU was signed during his own administration, he described Dangote as the liberator of the Nigerian economy and a dependable partner.

    The Governor then urged Dangote Group to explore other investment opportunities available in the state, just as he announced that the state was opened for multi-sectoral investments.

    Representative of the Minister of Industry, Trade and Investment, Alhaji Aminu Bisala said Dangote is the biggest private sector supporter of the Nigerian economy, and Federal Government policies.

    He said the Federal Government was comfortable with the numerous investments efforts of the Dangote Group.

    Also speaking, Chairman of the Niger State Traditional Council Etsu Nupe, Alhaji Abubakar Yahyah said he was elated about the huge investment coming to the state, while praying God to bless the Dangote Group more.

    Just last week, the conglomerate had sponsored an investment summit in the State, which was attended by former Presidents Abdulsalami Abubakar, Olusegun Obasanjo and the then Acting President, Yemi Osinbajo, who described the private sector as key to the country’s economic development.

    Group Managing Director of Dangote Sugar Plc, Engr. Abdullahi Sule stated that the MoU would be a game changer for Niger State economy and Nigeria as a whole.

    He said the integrated sugar mills will have the capacity to produce 160,000MT of raw sugar, pointing out that has been in the fore front of support for government industrialization programmes through backward integration policy in agriculture.

    According to him, the Dangote Sugar Refinery is developing a sugar backward integration plan through the production of 1.5MT/PA in ten years in: Nasarawa, Adamawa, Kogi, Kwara, Taraba and Niger states respectively. 

    The Group’s Executive Director Stakeholders’ Management and Corporate Communication Ahmed Mansur had also announced that the Group was investing over $1billion in the agricultural sector in the country, specifically in rice, sugar, tomato and dairy productions.

    Niger State Commissioner for Investment, Commerce and Industry Rahmatu Muhammad Yar’Adua said that the deal with Dangote Group will help grow the agricultural sector and create direct and indirect jobs in the state.

    It would be recalled that the Group’s foray into sugar business began in 1981. It has injected over $104million into the Savannah Sugar Company Limited it acquired from government in 2003. Savannah Sugar this year alone, produced 20,000MT of raw sugar from its plantation. 

    Distributed by APO on behalf of Dangote Group.

    Media Contact:
    Francis Awowole-Browne
    Francis.Awowole@Dangote.com
    +234 806 630 4898


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  2. Unlocking African markets for South African stakeholders

    Despite Africa’s market and political challenges, local property developers, contractors and investors are still delivering projects successfully throughout the continent.

    How South African companies manage to do this will be one of the topics in the spotlight at the 8th annual Africa Property Investment (API) Summit & Expo (www.APIsummit.co.za), taking place at the Sandton Convention Centre this week (Thursday 24th and Friday 25th August 2017).

    One of the core focus discussions will be on managing project delivery risk in Africa. While emerging African markets are filled with long-term growth and investment opportunities, conventional insurers and financiers remain hesitant about covering local property stakeholders wanting to do business in African markets.

    Mandisi Nkuhlu, COO of the Export Credit Insurance Corporation of South Africa (ECIC), believes the reliability of the income stream, on a project, is one of the most notable challenges property financiers and investors must deal with.

    Nkuhlu says: “In financing a property transaction, for instance a mall or office space, it is important to get a reliable anchor tenant who is willing and able to commit to a long-term lease. Whilst there is a strong market practice on the continent of paying large up-front lease payments, the reliability of the income stream over the debt repayment period and contractual lock-in arrangements remain crucial. The financing tends to be provided in hard currency, whereas the tenants may be generating local revenue streams, so the currency mismatch is one of the risks that have to be mitigated.”

    As the African property landscape shifts and investors and developers increase their focus on delivering projects on time and within budget, Nkuhlu believes there is a growing need for proper planning around managing in-country and Africa specific risk.

    He adds: “There are quite a few projects that struggle to reach construction completion on time and on schedule. Sorting out the construction risk is quite important. In this regard, choosing the right contractor with the relevant experience for the size and complexity of the project is critical. The contractual arrangements and risk allocation, such as penalties for delays or poor workmanship, needs to ensure that the construction company has sufficient incentives to perform and avoid the contractual breaches. Locking in key and sufficient tenants before financial close is another useful risk mitigation of the commercial risk.”

    Nkuhlu, Greg Pearson, Director of GRIT Mauritius, Zo Hlongwane, COO of G5 Properties and Nick Allan, Group Chief Executive Officer of Control Risks, South Africa will go deeper into this topic at the summit sharing an experts’ guide to successful development and risk mitigation in Africa.

    This discussion is just one of many for this year’s API Summit & Expo, which will see participation from over 35 countries, with 600 delegates and 250 companies attending, offering a programme aimed at providing a wide range of key insights and infinite networking opportunities.

    Commenting on the importance of this discussion Kfir Rusin, Managing Director for API Events says: “Hosting a discussion around managing project delivery risk in Africa and sharing on the ground experiences, knowledge and risk mitigating tactics from companies like ECIC is of utmost importance and will help in ensuring better project delivery for all African property stakeholders going forward.”

    For more information and to book to attend, visit www.APISummit.co.za

    API Events welcomes media to attend and report on the API Summit and the compelling story of African Property Investment. All media wanting an invitation to attend the API Summit or to arrange interviews should please contact Anne Lovell: Anne@MarketingConcepts.co.za or +27 11 783 0700.

    Distributed by APO on behalf of Africa Property Investment (API) Summit & Expo.

    Media contact:
    Kfir Rusin, Managing Director
    Tel: 011 205 2260
    www.APIevents.com

  3. Press release on Deputy Foreign Minister Mikhail Bogdanov’s meeting with Mauritanian Ambassador to Russia Sidi Taleb Amar

    On August 22, Russian Special Presidential Representative for the Middle East and Africa and Deputy Foreign Minister Mikhail Bogdanov received Ambassador of the Islamic Republic of Mauritania Sidi Mohamed Taleb Amar at the latter’s request.

    The officials discussed matters related to continuing to advance the traditionally amicable relations between Russia and Mauritania, which includes maintaining regular political dialogue on current issues in the Middle East and Africa.

    Distributed by APO on behalf of The Ministry of Foreign Affairs of the Russian Federation.

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  4. Power Africa Partners U.S. African Development Foundation and GE Announce Women in Energy Challenge Winners in Uganda

    The U.S. African Development Foundation (USADF), in collaboration with partners Power Africa and GE (www.GE.com), is proud to announce the winners of the 2017 Women in Energy Challenge in Uganda, where only 20% of the population is connected to electricity. Joint Energy and Environments Projects (JEEP) and Conservation and Development Uganda Limited (CODE) will each be awarded a grant of $100,000 to expand their renewable energy enterprises to reach women beneficiaries. Dr. Maria Bawabya Senkezi, JEEP’s Chairwoman, says investing in women entrepreneurs is critical because “women invest money back into the community.”

    The Women in Energy Challenge, part of the Off-Grid Energy Challenge, was launched in 2016 by USADF and GE to identify and accelerate enterprises either led by women or benefitting women, and help African entrepreneurs compete in the global economy. The Off-Grid Energy Challenge is a part of Power Africa’s Beyond the Grid initiative, which aims to drive private investment in off-grid and small-scale renewable energy solutions. By funding energy entrepreneurs, USADF is bridging the energy gap for some of Uganda’s most vulnerable populations.

    • Joint Energy and Environments Projects (JEEP) is a 100% women-owned enterprise in central Uganda. With a $100,000 grant, it will install 6 green power units in Kalangala district, a remote island district in Lake Victoria. Fishing is the main industry in this island district in Lake Victoria, but commercial ice to preserve fish is both expensive and limited. As a result, a significant amount of fish is lost before it can be sold in the market. The 6 green power units which JEEP establishes will each have solar-powered cold storage facilities for preservation, phone charging and solar home systems for sale, and each will be run by a women’s group trained in bookkeeping. The green power units will each repay a portion of their profits to JEEP to be used to replicate the model throughout the region. This will not only provide local jobs, but will increase incomes for local women.
    • Conservation and Development Uganda Limited (CODE) is a majority-women owned enterprise in western Uganda where surrounding national parks limit the amount of available firewood, and as a result, women bear the brunt of energy poverty, walking long distances in search of firewood and cooking fuel. Through the grant, CODE will sell an initial 350 Agro-Eco kits using a flexible repayment financing model, which will provide alternative and safer fuel sources. Using a low-cost distribution system using Village Savings and Loan Associations, CODE will collect revenues and expand their business to impact more and more households in the region.

    The U.S. African Development Foundation is the only U.S. agency dedicated entirely to Africa, and solely funding 100% African-owned businesses and African entrepreneurs. USADF aims to promote innovative solutions that increase access to reliable, affordable and sustainable power – particularly for vulnerable populations who will have little to no access to grid power.

    “We launched this Women in Energy Challenge to find the best and the brightest female entrepreneurs that are making a difference in bringing electricity to rural communities. We are very pleased to see that these women-led enterprises are showing promise in finding alternative solutions to Uganda’s energy crisis,” says C.D. Glin, USADF President and CEO.

    “Providing energy access to Africa’s population is a priority for us,” said Jay Ireland, President & CEO of GE Africa. “The Women in Energy Challenge is one of our commitments towards supporting local entrepreneurs and we are delighted that African women-owned enterprises are solving local challenges.”

    In Uganda, where USADF has a $5 million co-funding agreement with the Government of Uganda, USADF has awarded three Off-Grid Challenge grants to energy enterprises. Since 2013, USADF has partnered with GE and Power Africa to fund over 70 off-grid energy companies in nine countries in Africa, and invested over $7 million in Africa's energy entrepreneurs, which has already resulted in over 20,000 actual connections benefitting over 100,000 people. To learn more about the USADF Off-Grid Energy Challenge, visit www.USADF.gov/off-grid

    Distributed by APO on behalf of GE.

    USADF Press Contact:  
    Julia Tanton 
    JTanton@USADF.gov

    GE Press Contact:
    Nina Florette
    Nina@Newmark.co.ke

    About USADF:
    The U.S. African Development Foundation (USADF) is an independent U.S. Government agency established by Congress to support and invest in African owned and led enterprises which improve lives and livelihoods in poor and vulnerable communities in Africa. For more information, go to www.USADF.gov. 

    About Power Africa:
    Power Africa is a U.S. Government-led initiative launched in 2013. Power Africa’s goals are to increase electricity access in sub-Saharan Africa by adding more than 30,000 megawatts of electricity generation capacity and 60 million new home and business connections. Power Africa works with African governments and private sector partners to remove barriers that impede energy development in sub-Saharan Africa and to unlock the substantial natural gas, wind, solar, hydropower, biomass, and geothermal resources on the continent. To date, Power Africa and its partners have helped 80 power projects comprising over 7,200 megawatts (MW) reach financial close with a total value of $14 billion. Three-quarters of those projects by MW are gas. Three-quarters of the 80 projects are renewables. Over 2,000 MW are already operational. Power Africa has helped add 10.6 million connections to off-grid, micro-grid and central grid solutions, which has enabled tens of millions of people gain access to electricity for the very first time.

    About GE :
    GE (NYSE: GE) (www.GE.com) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.

  5. ECA and AUC re-commit to jointly advance Africa’s development Agenda

    “Continued strong cooperation and collaboration between our two institutions is crucial for advancing Africa’s structural transformation and industrialization agenda,” said Ms. Vera Songwe, Executive Secretary of the United Nations Economic Commission for Africa (ECA), during her first official meeting with the African Union Commission (AUC) Chairperson, Moussa Faki Mahamat, on Tuesday 22 August, 2017.

    In their discussions on ways of advancing the African development agenda, Ms. Songwe highlighted Regional Integration and the Continental Free Trade Area (CFTA) as “areas that need our urgent action.” She noted that, if brought to fruition, CFTA and regional integration will significantly accelerate the growth of African economies, create jobs, and engender peace.

    For his part, Mr. Mahamat congratulated Ms. Songwe on her new role as ECA Executive Secretary, stating, “I can assure you of our determination to work with you and your team in order to advance growth on the continent.” He added, “you are the technical advisors of the continent and we rely on you.” The AUC Chairperson stated that in addition to regional integration and the CFTA, ECA and AUC need to seriously reflect on the way forward for member States in line with AGOA and the EPAs, beginning with the meetings in Abidjan in November.

    The ECA Chief reiterated the Commission’s engagement and availability to work with the AUC, stating, “we are here to serve and provide AUC with all the support it needs from us.”  The two leaders underscored the need for an integrated approach to implementing Agendas 2030 and 2063, and agreed to hold regular meetings to evaluate their progress in addressing key continental issues.

    Ms. Songwe also congratulated the AUC Chairperson on the signing of the joint UN-AU Framework for Enhancing Partnership on Peace and Security between AUC Chairperson and UN Secretary General, Antonio Guterres, in April 2017. This, she said, demonstrates the UN’s and the SG in particular’s focus on Africa. “Together we should work to implement the actions in the MOU in a speedy manner,” she urged the AUC Chairperson.

    On the AU reform agenda, the two leaders agreed on the need to accelerate implementation. The AUC Chairperson informed Ms. Songwe on progress made in hiring members of the implementation team and thanked the ECA for support provided thus far in line with the implementation of the reform, aimed at making the AU more fit for purpose. As a member of the Kagame AU reform team, the Executive Secretary pledged full support to the AUC and agreed to double efforts to ensure progress is made on the reform agenda.

    The meeting was part of a series bilateral meetings undertaken by Ms. Songwe since taking office as ECA’s Executive Secretary in August, 2017.

    Distributed by APO on behalf of United Nations Economic Commission for Africa (UNECA).

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