BP has agreed to acquire a 60% interest in three offshore exploration licences in Namibia from Eco Atlantic Oil & Gas, the companies announced on Monday. Under the agreement, two Eco Atlantic subsidiaries will farm out an aggregate 60% participating Interest in the PEL 97, PEL 99 and PEL 100Continue Reading
Reconnaissance Energy Africa Ltd said it expects to complete production testing at its Kavango West 1X discovery in Namibia by the end of June, a key milestone that could underpin a potential development decision as the company accelerates exploration across southern and West Africa. The oil and gas explorer saidContinue Reading
Namibia Power Corporation (Pty) Ltd (“NamPower”), in partnership with its two co-lead arrangers, Cirrus Securities (Pty) Ltd (“Cirrus”) and Nedbank Namibia Limited (“Nedbank”), have announced the successful listing of its N$5 billion Domestic Medium-Term Note (DMTN) Programme on the Namibia Securities Exchange (“NSX”). The listing was officially celebrated with aContinue Reading
By S M Asad Abbas The way Namibians handle money has changed immeasurably over the span of a few short years. It used to be that everyone would wait in long lines at the bank to send a few hundred dollars, and writing cheques was the norm. Today, Electronic FundsContinue Reading
Namibia has reinforced its position at the forefront of Africa’s energy transition following the successful hosting of the 2026 CEPREC Namibian Summit: High-Level Policy Side Event, held under the theme “Advancing Circular Energy for Sustainable Development in Namibia.” The event marked the conclusion of the three-day 2026 International CEPREC Summit,Continue Reading
FNB Namibia and RMB Namibia today officially launched the Exchange Control (ExCon) Scenarios Booklet at the Namibia International Energy Conference (NIEC) 2026, reinforcing their commitment to enabling regulatory clarity and supporting cross‑border business activity in Namibia. The ExCon Scenarios Booklet was developed in collaboration with the regulator, the Bank ofContinue Reading
By Erick Fundula Nenghwanya President Dr Netumbo Nandi-Ndaitwah delivered her State of the Nation Address under the theme “Advancing Towards the Realisation of Vision 2030.” At its core was a clear and urgent message that Namibia’s future depends not only on the natural resources beneath our soil, but on theContinue Reading
… as annual NIEC 2026 comes to a resounding conclusion The Namibia International Energy Conference (NIEC) 2026 concluded on Thursday following high-level engagements centred on policy renewal and strategic realignment of Namibia’s energy sector to support national economic and developmental priorities. In her closing remarks while reflecting on the successContinue Reading
“Namibia is emerging as a strategic node in a Southern African Energy Corridor – a system with the potential to link minerals, offshore energy, and infrastructure into a platform capable of supporting global supply chains.” – U.S. Ambassador to Namibia John Giordano On the eve of the Namibia International EnergyContinue Reading
While Namibia’s total trade balance plunged into a N$5.2 billion deficit in February 2026, a remarkable bright spot has emerged from an unexpected quarter: the country has become a net exporter of food, posting a surplus of N$513 million in food items alone. The latest trade bulletin from the NamibiaContinue Reading
