Chief Executive Officer of FNB Commercial, Sepo Haihambo has said that if Namibia as a nation plays its cards right, it could become a heavyweight in the global energy market. Haihambo was speaking in view of recent major oil discoveries in Namibia at an Economic Breakfast hosted by FNB CommercialContinue Reading
Tower Resources, the Africa-focused energy company, highlighted key operational updates in Cameroon and Namibia in its full-year results for the 12 months ending 31 December. In Cameroon, Tower Resources has applied for a one-year extension of the initial exploration period of its Production Sharing Contract (PSC) following positive discussions withContinue Reading
Welwitchia Health Training Centre has announced that it has officially transitioned into Welwitchia University. In a statement the institution said that this significant milestone represents unwavering commitment to excellence in education and healthcare training. “As we embark on this new chapter, Welwitchia University is more committed than ever to providingContinue Reading
Bannerman Energy has unveiled a new operations team for its Etango Uranium Project in Namibia. Jeff Pipe joins as the new Project Manager, Cindy Fraser as Project Commercial Manager & Andre Alberts continues in the team as Technical Manager. “We are pleased to have a robust & experienced operations teamContinue Reading
By Helena Mboti The global economic landscape is characterized by heightened geopolitical tensions, potential for conflict escalation, and ongoing environmental concerns. Moreover over 60 countries are slated for elections adding to the level of global uncertainty. This article explores how these factors are shaping the demand for gold, a physicalContinue Reading
Madison Metals has announced the termination of its uranium forward sales agreement with Sanmiguel Capital Investment an arm’s length financial advisory firm assisting with the administration of uranium tokenization. To date, only 2,130 pounds of U3O8 priced at US$68 per pound has been purchased from initial uranium token sales. MadisonContinue Reading
By Shakwa Nyambe As Namibia anticipates its emergence as a potential player in the global oil and gas markets, discussions about joining the Organization of the Petroleum Exporting Countries (OPEC) have surfaced. However, a decision of this magnitude requires a cautious and well-considered approach, carefully taking into account Namibia’s currentContinue Reading
…company makes key changes to its Board of Directors Reconnaissance Energy Africa (ReconAfrica) has announced changes to its Board of Directors, including the retirement of Chairman Craig Steinke, the appointment of the Diana McQueen as Chair and the appointment of D. Jeffrey Harder as a new independent director and ChairContinue Reading
Trustco Properties has announced the appointments of Lizette Da Fonseca as the newly appointed Deputy Chief Executive Officer (CEO) and Lindie Verwey as the new Chief Operating Officer (COO) of its real estate portfolio, effective 1 May 2024. With over 27 years of professional experience, Lizette embarked on her careerContinue Reading
By Bloomberg Early in May, King Philippe of Belgium was on the edge of the Namib desert to inaugurate a project that aims to help decarbonize European industry, and which might just enable one of Africa’s smallest economies to hit the clean-energy big time. It was a humble start forContinue Reading
