Australian junior energy firm Grand Gulf Energy has seen its share price skyrocket by 100% following the announcement of a strategic agreement to enter Namibia’s burgeoning hydrocarbon sector, signaling growing international confidence in the country’s untapped energy potential. The company revealed this week it has secured a binding deal toContinue Reading
According to multiple sources, Cape Town-based Rhino Resources has confirmed the discovery of hydrocarbons at its Capricornus-1X exploration well in the offshore Orange Basin, reigniting hopes for a transformative economic windfall. While it remains premature to declare the find commercially viable, the breakthrough marks another milestone in Namibia’s quest toContinue Reading
In a strategic push to cement Namibia’s role in the global green energy transition, Andrada Mining Limited has unveiled ambitious plans to expand its footprint in the mineral-rich Erongo region, targeting new tin, tantalum, and lithium mines. The London-listed company, already a key player in Namibia’s critical minerals sector, aimsContinue Reading
The Namibia Institute of Pathology Limited (NIP) has taken a bold step to enhance its diagnostic capabilities through its Equipment Replacement Plan (ERP), to optimize its laboratory network by replacing outdated equipment with state-of-the-art technology—ensuring faster, more efficient, and high-precision laboratory diagnostics across Namibia. This transformational project is a keyContinue Reading
FNB Insurance has announced the official launch of its partnership with LEFA Transportation Services Namibia aimed at promoting responsible driving and enhancing road safety in Namibia. The partnership is designed to reduce road-related incidents and will see FNB Insurance clients receive two LEFA voucher codes valid for two trips everyContinue Reading
ASX-listed Askari Metals has reviewed the historical exploration database for its Uis project, in Namibia, with the focus on evaluating the significant tin and tantalum mineralisation that exists. Data review has initially focused on EPL 8535 being the southernmost tenement owned by Askari, located about 14 km from the London-listedContinue Reading
By Baronice Hans Namibia finds itself at a defining moment. With a wealth of natural resources, a young and dynamic population, and strategic positioning within the region, the nation holds significant promise for long-term prosperity. However, to fully unlock this potential, we must look beyond economic fundamentals and focus onContinue Reading
Letshego Holdings Namibia has announced the official opening of its first deposit-taking branch in Oshakati. This marks a significant step forward in the company’s mission to provide inclusive and accessible financial services to communities nationwide. The branch is located at Shop No. 10 in the Oshakati Shopping Centre (Game Complex)Continue Reading
Grand Gulf Energy has moved to join the likes of Shell, Chevron and TotalEnergies in exploring the “hot” offshore Namibia play by entering into an agreement to acquire a controlling interest in a large block in the Walvis Basin. The company has entered into a binding option agreement to acquireContinue Reading
DP World has inaugurated a cutting-edge temperature-controlled distribution facility in Walvis Bay, marking a significant milestone in Namibia’s cold chain infrastructure development. The N$39 million investment underscores the global logistics giant’s commitment to bolstering trade efficiency and stimulating economic growth in the region, particularly as demand for reliable food serviceContinue Reading
