Momentum Metropolitan Namibia has appointed Angus Mc Nab as its new Head of Distribution for Momentum Corporate. With a rich background spanning almost twenty years in sales management and distribution, Angus is expected to bring transformative changes to the company’s distribution strategies. Angus is a highly experienced professional in theContinue Reading
Monitor Exploration, a privately owned UK-based junior, has struck an N$347 million (US$18.7 million) deal to farm-out a key stake in prospective exploration acreage onshore Namibia where a debut wildcat could be drilled in 2025. The agreement is the latest indication of growing interest in northeast Namibia’s frontier basins where,Continue Reading
Cavendish analyst James McCormack has reiterated a bullish price target for 88 Energy Ltd of 1.1p against a 0.35p publication price. It follows 88 Energy’s first foray into Namibia in a notable expansion of the oil and gas exploration and production company’s footprint. The group signed a deal with MonitorContinue Reading
Namibia- and Canada-focused uranium mining and exploration company Madison Metals has successfully renewed exclusive prospecting licence (EPL) 7011 in the Madison North project area, adjacent to the globally acclaimed Rössing uranium mine in the renowned Erongo uranium province of Namibia. Madison holds an 85% interest in EPL 7011, which isContinue Reading
Namibian beef and lamb can now be exported to the United Arab Emirates (UAE) and Qatar, the Executive Director in the Ministry of Agriculture, Water, and Land Reform (MAWLR), Ndiyakupi Ngituwamata has announced. Ngituwamata earlier today highlighted that MAWLR has secured markets for export-approved abattoirs both in the northern communalContinue Reading
88 Energy Ltd has agreed a farm-in deal with a subsidiary of Monitor Exploration that expands the former’s footprint beyond Alaska’s North Slope and into Namibia. Specifically, it is set to earn up to a 45% non-operated working interest in the onshore Petroleum Exploration Licence 93 (PEL 93), which isContinue Reading
Oryx Properties, the largest property fund in Namibia, has partnered with RMB for the acquisition of Dunes Mall in Walvis Bay, in a landmark transaction worth N$630 million. This strategic deal sees Oryx expand its retail asset portfolio, with RMB providing debt funding of N$500 million to realise the acquisitionContinue Reading
The Netherlands-headquartered geo-data specialist Fugro has finished the fieldwork for an environmental and geophysical survey offshore Namibia, which was ordered by Galp, a Portuguese energy player. According to Fugro, the fieldwork was completed earlier this month and the survey reached depths of 2,000 meters. The company explains that its 72-meterContinue Reading
Most people are familiar with navigating via the map app on their phone. Where should I go? Drop a pin! Where are you? Send me your location! It’s very easy to simply grab your phone, add an address and let it guide you to where you need to go. ThereContinue Reading
By Shali Nanghala In our ever-evolving world, life’s unpredictabilities loom large. From global health crises to personal medical emergencies, we often find ourselves face to face with challenges that can profoundly impact our health and financial stability. In these uncertain times, the value of foresight and preparedness is unparalleled, andContinue Reading
